[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re:Exchange Fees



PureBytes Links

Trading Reference Links

I agree, data fees should come down.  I particularly resent paying an extra 
$50 a month to bring my maximum symbol count at eSignal up to 1000 from 
500.  I suspect the only thing that will get the datasuppliers' attention 
is competition.  I'm seriously considering moving to PCQUOTE when my year 
with eSignal ends in April.  My only concern is relative reliability of the 
data.  eSignal has been reasonably solid.  I've heard some worrying reports 
about PCQUOTE.  Hopefully by April, either PCQUOTE will have solved their 
quality issues or dbc will have dropped the surcharge. -uf

At 09:48 AM 10/29/1999 -0700, Lamont Cranston wrote:
>To The List:
>
>I responded to a message the other night and copied the list, but got no
>answers, so am resending the message.
>
>Since we as individual traders make up a very large part of the markets, and
>therefor constitute a large part of the data, through our trades that we
>execute on the various exchanges, should it not follow that we should pay
>smaller exchange fees than the large institutions?  Another thing the burns
>my a__ is the fact that BMI and Signal tack on an additional $20 for each
>exchange the you subscribe to.
>
>I was glad that the list 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"
>
>I'm not sure how to go a