Note
These instructions pertain to Investor/RT users who use Rithmic order routing. This includes users who employ IQFeed, for example, for market data and RIthmic as brokerage destination and of course users who employ Rithmic as their data source as well.
The Rithmic Setup window in Investor/RT 14 and higher (Data->Setup Rithmic or Data->Setup IQFeed/Rithmic) features an improved user interface and expanded connectivity choices for the Investor/RT Rithmic trader. Like the Rithmic R | Trader Pro software, connectivity choices are organized into various Rithmic Systems (Rithmic 01, TopstepTrader, MES Capital, etc.) with a separate choice of the Gateway to use for each system. The screenshot below illustrates the expanded choices for the Rithmic 01 system:
When connecting to the Rithmic for Paper Trading system more gateways for international traders are supported in this release:
For the TopstepTrader system, gateways for traders in Europe/Frankfurt, Singapore and Tokyo are avaiable.
The Rithmic 01 system now supports a gateway Rithmic calls MDP3 Summary. This connection point delivers summarized (consolidated) trades rather than the more detailed transactions executed to fill an order. Thus, this choice of connection supplies market data in a form like the Consolidated Tape featureavailable to users of DTN IQFeed market data.
Using Rithmic R | Trader Pro™ to Connect (through the "plug in mode")
Effective May 1, 2020, the CME Group requires market data distributors to report the number of concurrent logins a market data subscriber is permitted to access the CME Group’s market data. The CME group requires that a market data subscriber who is permitted to maintain more than 2 concurrent market data logins be reported as a professional market data subscriber, mandating professional exchange fees, per exchange, for the subscriber.
Rithmic R | Trader Pro™, Version 16 and higher can be configured to accept connections from Investor/RT to subscribe to and access market data (live, delayed and/or historical). Investor/RT must connect to R | Trader Pro™ and log in to R | Trader Pro™ using the same credentials as used by R | Trader Pro™ when R | Trader Pro™ logged in to Rithmic’s R | Trade Execution Platform™, and Investor/RT must be running on the same machine as the R | Trader Pro™ to which it has connected. When one or more instances of Investor/RT is connected in this fashion (as opposed to connecting directly/remotely to the system/gateway), the CME treats this scenario as one login session.
This option is available by checking the box in Rithmic Setup as seen above. The system/gateway setup in Investor/RT must be the same as the system/gateway setup in R | Trader Pro™. The R | Trader Pro™ software, in its Login settings, must have the Allow Plug-ins option enabled (shown in yellow). Investor/RT is considered a plug-in, another application that will plug into Rithmic Trader Pro. This connection method will be of interest to those running multiple Rithmic instances of Investor/RT on the same machine. An additional benefit for Rithmic users, even when only one instance of Investor/RT is running, is that the features of R | Trader Pro™ operate in sync with Investor/RT and amplify the user's access to execution services, position and order history, etc.
R | Trader™ is Rithmic’s front end trading and real-time risk management user interface. You can view quotes, trades, market depth and option strikes in real-time. You can place, modify and cancel orders, and view order history, performance, positions and risk limits. R | Trader™ supports trailing stops, brackets, OCOs and group orders. R | Trader Pro™ adds charting features and a real-time interface to and from Microsoft Office Excel and supports single login connectivity for advanced charting/trading via Investor/RT.
Download R | Trader Pro™ on the Rithmic web site.