Equis noncooperation with data vendors

[derek b <derek7422@xxxxxxxxxxxxx>]

Gary Lyben of Quotes Plus reports on SI today that Equis has reneged on
their promise to assist data providers.  After promising for months that
the new Equis data-file structure would be made available free of charge
to data providers, Equis now is demanding a royalty kick-back fee for
the data file format.

This is the same nonsense that Omega has extorted.  DTN's new real time
service will be unusable by Tradestation users because DTN refuses to
pay the royalty.

DTN, like QP, has attempted to carve out a value niche among data
providers.  I am extremely disappointed to see that Equis is not
cooperating with data providers in providing the new data file format
free of charge to the data vendors.

In plain speak, this means that the ancient 255 maximum securities per
directory will continue for 3rd-party data providers unless they knuckle
under and cough up the extortion fee.

Lousy business decision, Equis.

Derek