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>....this means that the ancient 255 maximum securities per
> directory will continue for 3rd-party data providers unless they knuckle ....
It also means that I who use and will use QPlus as a data vendor, will have
even less incentive to upgrade from MetaStock 5.11 . Forget about my $100,
Equis!
It's really a funny decision. I thought an integration of charting/analysis
and the data stream (including efficient tools for data handling) is most
crucial issue for the next step of trading software development. They say I
am wrong, ... well, but these days my filters reject Apple (AAPL) stock. The
story sounds familiar.
This is one more reason why it's so hard to make money in the market - you
never know what to expect from a company's management :-) .
With (some) cheers,
Vitaly
derek b wrote:
>
> 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
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