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At 22:10 08/08/99 +0100, you wrote:
>Simon I beg to differ. It totally depends on the Market you trade.
>If you trade the FTSE or DAX the USA providers are one of the worse.<
The chap's original email only mentioned the fact that he was interested in
the S&P 500 futures market, not FTSE or DAX. My recommendation was based
only on what he said he needed. He said he wanted a cheap, reliable RT feed
to trade the SP using TS 4.0. His email address was .nl (the Netherlands)
not .de. DBC Signal therefore is the only datafeed that meets all of his
criteria.
If you compare the tick count of the likes of (unsupported TS) feeds like
BIS and Tenfore with that of Signal for the S&P 500 futures market, BIS and
Tenfore have about 30% fewer ticks in any given trading day. I compared
tick counts with a UK customer of BIS and this ratio was consistent over
many trading days. This loss of ticks is a disaster for anyone who wants to
daytrade the S&P. I neither know nor care how the various feeds transmit
their data. The fact remains that if you are only getting 70% of the ticks
coming through on the SP, you cannot trade with that datafeed!! I have
directly compared BIS and Signal for the SP market. I cannot speak for
FTSE or DAX but that was not his question anyway.
In sum, if you live in Europe and want a cheap (ish), reliable RT datafeed
to use with TS 4.0 for the SP 500 market ....DBC Signal is the obvious
choice. Either that or splash out on Comstock or Futursource if you can
afford it, or be prepared to use unsupported feeds like BIS and Tenfore with
the subsequent loss of data.
My recommendation was based on his specific needs and criteria.
Simon.
>Lets give you am example - no names of course.
>Lets take the DAX (Eurex is now the largest including the CME) The data is
>supplied via telephone line to a distributor in London. There is a telephone
>line from the distributor to you European HQ in London. The HQ in London
>sends the data via telephone line to New York. From NY it is routed via WAN
>to Salt Lake City then on to the Data factory in California. It is then sent
>back to London to be uplifted to some middle eastern TV station that send
>the data with its picture.
>Surely a European provider can get the data from Eurex in Frankfurt and
>uplift it using a German channel to ASTRA quicker.
>Follow a similar logic from CME to Frankfurt - it all depends on the speed
>of the telephone connection.
>The more users the feed has the more it can spend on the telephone line or
>the more profit it can make
>Also consider that if the Data provider only supplies futures data the band
>width is much less.
>
>----- Original Message -----
>From: Simon Campbell <s.campbell@xxxxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Sent: Sunday, August 08, 1999 6:37 PM
>Subject: Re: Datafeed
>
>
>> Seeing that your email address is the Netherlands, the feed that best
>meets
>> your criteria is DBC Signal. The "best" feeds for TS 4.0 in Europe
>> (FutureSource and Comstock) are ridiculously overpriced compared to what
>> they charge their US customers. BMI is not available in Europe. There
>are
>> cheaper feeds like BIS, Tenfore etc. but the reliability of these is very
>> questionable e.g. many lost ticks throughout the day. Although not
>perfect
>> (particularly in the first hour of trading), Signal is the feed that most
>> closely matches your criteria. As an aside, their European satellite
>> version is actually much more reliable and faster than their US cable
>> version (which is known to be awful). Their European HQ in London is: +44
>> 171 793 3106
>>
>> Rgds
>> Simon.
>>
>> At 10:38 08/08/99 +0200, you wrote:
>> >Hi,
>> >
>> >I'm looking for a TS 4 compatible datafeed, to trade the SP500 future.
>> >It Has to be RT, reliable and cheap.
>> >Any suggestions?
>> >
>> >Thanks,
>> >
>> >Jacko
>> >
>> >
>> >
>>
>>
>
>
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