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Re: zebra newsletter 2 ®



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You know, you have a very good point about all the fees that we (as
individual traders) have to pay to the various exchanges that we would like
to get data from.  Since we (the individual) make up a very large part of
the markets, and therefor constitute a large part of that data, doesn't seem
reasonable that we should pay smaller exchange fees than the large
institutions.

Another thing that burns my a__ is the fact that BMI and Signal tack on an
additional $20 for each exchange that you subscribe to.

I am glad that the list has brought this subject up because I have been
thinking about forming a coalition among individual traders, that in some
way we as a collective force can influence the fees that the exchanges
charge for the data they provide.

I'm not sure how to go about this endeavor, but if anyone on the list has
any suggestions your input would be greatly appreciated.

Lamont Cranston
    "who knows what evil lurks"
----- Original Message -----
From: Dennis Holverstott <dennis@xxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Sent: Saturday, October 23, 1999 11:16 AM
Subject: Re: zebra newsletter 2 ®


> > CME To Lower Cost Of Market Quotes To Retail Investors
>
> about time. i hope it starts a trend. i never understood those fees. if
> you charge $50 to get into a pub, most people will go somewhere else to
> drink. $50 for one exchange isn't so bad but $50 each for a few dozen
> obscure exchanges and you're starting to talk real money. most people
> won't bother and will just trade at the one or two they have realtime
> data for.
>
> --
>    Dennis
>
>