Glossary · Platforms
Rithmic
- Also called
- R|Trader Pro
- R Trader
- Rithmic connection
What it means
In a futures prop firm, Rithmic typically supplies the account infrastructure and data connection, while traders use a front end such as R|Trader Pro or a third-party charting platform that connects through Rithmic. That lets one firm support several trader platforms through a single back end.
Futures market data carries exchange fees and agreements. Traders usually need to complete exchange data agreements and declare non-professional status, and firms need to account for data costs per user in their pricing.
Rithmic is accessed through approved partners and firms set up specifically to offer prop accounts; terms are agreed with the provider.
Related terms
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End-of-day drawdown
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