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Re: Another reduction of BMI broadcast service



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Exactly ! -- dump the news, not the data !! -
Steve
-----Original Message-----
From: J. Rodney Grisham <grisham@xxxxxxxxxxx>
To: Chris Baker <chrisbak@xxxxxxxxx>
Cc: Omega List <omega-list@xxxxxxxxxx>; csbmi@xxxxxxx <csbmi@xxxxxxx>
Date: Monday, April 05, 1999 2:30 PM
Subject: Re: Another reduction of BMI broadcast service


>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
>