UPDATE:
As of 2021, Rithmic pricing has been updated.
Rithmic’s routing fee is now .10 per side across all FCMs.
Through AMP, Rithmic’s monthly fee is now a flat rate of $25 per month. At all other FCMs Optimus Futures operates with, there is a $25 monthly minimum for Rithmic’s monthly pricing.
Attention Optimus Community members and Rithmic users,
Old pricing model: Starting December 1, 2020 , Rithmic Fees and their existing pricing structure has slightly changed. Listed below we have provided the updated pricing structure as it relates to the FCM your trading account is with along with the platform you are using to execute your orders.
AMP Clearing:
As of December 1, 2020, the Rithmic Fees for AMP client’s are as follows:
- Rithmic Monthly Connection Fee - $25 per month per User ID (FLAT Fee - regardless of trading volume)
- Rithmic Trade Routing Fee - $0.10 per contract
This new pricing is for all Rithmic Trading Platforms, including Optimus Flow, R | Trader Pro and all 3rd Party Platforms Connected to the Rithmic Datafeed.
---------------- Rithmic API Pricing ----------------
- Rithmic Monthly Connection Fee - $100 per month per User ID (FLAT Fee - regardless of trading volume)
- Rithmic Trade Routing Fee - $0.10 per contract
---------------- Rithmic Multiple Connections/Sessions ----------------
In order to allow AMP customers to use the NEW Rithmic Plug-in Feature, we will set all users to:
- Max Session Count For Orders to 5 (connect up to 5 different 3rd party trading platforms at a time that are connected via the Rithmic plug-in app service)
- Max Session Count for Market Data to 1 (equals > non-professional market data subscribers status - 1 Billable Exchange Data user)
IF additional max session counts are needed when using multiple platforms concurrently, this is available upon request. Please keep in mind that any user enabled for MORE THAN 2 max session count for market data will be charged as a professional.
The Free Version of Optimus Flow is available exclusively at AMP.
ALL OTHER FCM’s:
- Rithmic Monthly Connection Fee - $25 per Monthly Minimum per User ID
- Rithmic Trade Routing Fee - $0.10 per contract on Optimus Flow and $0.25 on all other platforms
---------------- Rithmic API Pricing ----------------
- Rithmic Monthly Connection Fee - $100 monthly minimum per User ID
- Rithmic Trade Routing Fee - $0.10 per contract
Please remember, if you login with your Rithmic User ID (On Any Platform), you will now be charged a minimum of $25 per month even if you do not trade.
Monthly Minimum Examples:
Scenario 1:
Rithmic Per Trade Fee on Optimus Flow is $0.10 per contract traded.
If you trade less than 250 contracts / 125 round turns per month, you will be charged the difference up to $25. For example, if you trade 300 contracts on Optimus Flow using Rithmic, your monthly Rithmic fees will be as follows:
Trade Routing / Execution Fee = $30 (300 trades x .10 /trade rate)
Software License Fee = $0 since you already covered the $25 monthly minimum on your execution fees.
Total Monthly Charges: $30
Scenario 2:
Rithmic Per Trade Fee on all trading platforms EXCEPT Optimus FLOW is $0.25 per contract traded.
If you trade less than 100 contracts / 50 round turns per month, you will be charged the difference up to $25.
For example, if you trade 80 contracts on Sierra Chart using the Rithmic feed, your monthly Rithmic fees will be as follows:
Trade Routing / Execution Fee = $20 (80 trades x .25 /trade rate)
Software License Fee = $5 ($25 Monthly Minimum (-) $20 Execution Fee)
Total Monthly Charges: $25 (Execution (+) License Fees)
Concurrent Logins Explained:
Please note that if you need concurrent access to multiple platforms at the same time, you can do so for no extra charge using the R Trader Pro Market data plugin.
For more information on how to enable this feature, please click here: Rithmic Market Data Billing Update and how to Avoid Professional Fees with Concurrent Logins.
For users that would like to concurrently login to multiple platforms at the same time and not use R Trader Pro’s Plugin feature, this can be enabled upon request. Doing so will incur two sets of Rithmic User Id fees per month, as outlined above. As mentioned, any user enabled for MORE THAN 2 max session count for market data will be charged as a professional accordingly.
If you have any questions, feel free to Contact Us at (561) 367-8686 or reach out via email by contacting: support@optimusfutures.com
Thanks for your prompt attention to these matters,
Optimus Futures Support 