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Chris Baker wrote:
>
> In case you didn't notice, effective April 30, 1999, BMI will no longer be
> broadcasting any Canadian prices, International Futures or Foreign Exchange
> rates. DBC said the reason is BMI's bandwidth limitations. I've noticed
> BMI's cable broadcast is increasingly at maximum levels during stock exchange
> market hours, resulting in delayed price data.
>
> I suspect much of the reason BMI's broadcast is often at maximum levels is
> because BMI is broadcasting extensive news articles such as CBS MarketWatch.
While I personally do not have a problem with BMI dropping the three
services you mentioned: Canadian prices, International Futures, and
Foreign Exchange rates, I do have a problem with the broadcast running
at maximum levels and delaying/dropping ticks due to news items.
I think most subscribers are there to get data, not news. News is
available everywhere you turn, including CBS TV. There is little
reason to clog the data channel with more repetitious junk which is
of little value to most traders.
Are you listening BMI/DBC? Subscribers want data - fast, accurate,
and complete.
Rod
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