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Re: How About a Data-Buyers' Club or Cooperative?



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Hi Carrol,

I think your right about this I thought about this myself once but because
of the nature of the trading game the turn over is very high. Then list
members already have contracts with their perspective venders. I have heard
the list numbers close to a thousand. From that number you might be able to
get 400. To have a real number to negotiate with perspective vendors for
data quotes you might need a letter of intent from the 400. The letter
would disclose prior commitments to the vender and that the he or she would
change over when is was possible. I vote for you to be the president.

Robert

Carroll Slemaker wrote:
>Has anyone ever considered forming a cooperative for the purpose of
>negotiating a better data-subscription deal with data vendors?
>
>I've seen remarks on this list that the participants number over a
>thousand.  I suspect that at least half that number subscribe to
>real-time data.  If 400 or so prospective subscribers could, as a group,
>put out a request-for-bid to the several data vendors, that would carry,
>I would think, considerable clout.
>
>
>