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Old 06-06-2008, 11:44 AM   #1
ostadler
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Default Nybot orders with ZenFire - possible?

Hello all,

I have an account with a broker who offers ZenFire. My broker told me that he has set me up for Nybot (ICE) soft commodities (cocoa, sugar, cotton, etc..). But everytime I try to place an order for cocoa the order gets rejected: "
Order rejected at RMS. Risk limits not set". I talked with my broker but he told me that I should have been setup correctly. I also contacted NinjaTrader support, and I got the answer that ZenFire does not support Nybot right now. But according to the ZenFire homepage Nybot should be supported already. I also tried to get in contact with the guys over at ZenFire but I didnt get any response.
Btw: I know that ICE does not support StopLoss orders (only StopLimit) and also it does not support GTC orders. But I tried to place a simple Buy market order so there should be no problem.

Now my question is: Is anybody here who uses NinjaTrader in conjunction with ZenFire and trades Nybot softs successfully? Does anybody know where the problem could be?

Another info: In NinjaTrader the data for cocoa (charts, SuperDom, Level II, etc..) works fine.

It would be great if anybody could help me!

Thanks a lot,

Greetings,

Oliver
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Old 06-06-2008, 11:55 AM   #2
NinjaTrader_Ray
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This means that your broker does not allow you to trade this market yet. I suspect you go through Dorman which is not set up to trade these markets although Zen-Fire itself does support it.
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Old 06-06-2008, 11:59 AM   #3
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Hello Ray,

thanks for your answer! Yes, you are right, I have an acocunt with Dorman. Does this mean that nobody who has an account with Dorman is currently able to trade Nybot?
They asked me if I knew about the specialities with Nybot (order types, etc..) and then told me it is ok and they want to set me up.

Greetings,

Oliver
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Old 06-06-2008, 12:06 PM   #4
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That is correct. Dorman does not currently clear NYBOT however, they will soon. You would have to check with them to determine when.
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Old 06-12-2008, 11:29 AM   #5
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Hello Ray,

I have one more question regarding Nybot clearing: Do you know if RCG (SweetFutures, using PATS-feed) clears Nybot through NinjaTrader?

Greetings and thnx,

Oliver
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Old 06-12-2008, 11:50 AM   #6
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You would have to check with RCG, I believe they clear Nybot but I am not 100% accurate source on this.
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