|
PureBytes Links
Trading Reference Links
|
Preston Morrow wrote:
> should have known...sounds clearly either illegal,
> theft, or at the very least a violation of the
> subscriber's contract with dbc
>
> seems to me the omega list needs a code of conduct
> or an ethics statement to prohibit this sort of thing
> (i never-the-less would like to minimize my data
> costs...legally)...or course BARRY SMALL (from who
> knows where) has not advertised on the list...yet...
The DBC BMI data-feed is not the only one data can be stolen from. Any
scrambled signal that is broadcast, whether it contains trading data, a
first-run movie, or a prize fight can be decoded and stolen if someone knows
how to do it.
Of course, theft of information is just as illegal as the theft of anything
else of value. It is not in the best general interests of Omega list
members to participate in theft or to facilitate theft by telling others how
to do it.
However, I would like to point out that software theft is a much bigger
problem than the theft of real-time trading data. Very few people know how
to steal real-time trading data, so very few do it. Most computer users
know how to steal software, and many, if not most, do it.
Software theft taxes all computer users who pay for software, not just
software vendors, because vendors have to charge more. They not only have
to charge more, in the case of unusually valuable software they have to
spend development time developing software copy protection systems that
could be spent adding more capabilities to the software.
Why is it some list members who object to the posting of information about
data theft actually encourage software theft (I am not referring here to
Preston Morrow)? One is no worse or better than the other. They both are
wrong for the same reasons. It is not in the best interests of the group
generally to encourage or facilitate either.
-Bob Brickey
Scientific Approaches
sci@xxxxxxxxxx
|