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RE: bmi cable lag



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"Maybe they are
pocketing exchange fees like the bucket shops of old....  ;)"

you know this would ** not ** surprise me since they've reportedly lost
money on the data delivery service.

> -----Original Message-----
> From: TradeWynne@xxxxxxx [mailto:TradeWynne@xxxxxxx]
> Sent: Friday, February 25, 2000 7:52 AM
> To: frwd@xxxxxxxx; omega-list@xxxxxxxxxx
> Subject: Re: bmi cable lag
>
>
> In a message dated 2/24/00 11:35:46 PM Pacific Standard Time,
> bnm03@xxxxxxx
> writes:
>
> > 3-5 ticks?   that's not that bad.
>
> If the market you are trading only has 5 ticks per minute then
> obviously that
> could be a 1 minute lag.
>
> >how much lag is there in the DTn sat?
>
> I'm hearing good things about DTN. BTW, they have agreed to add
> A/D data. The
> head of tech ops called me in response to pressure from the LIST,
> and I'm not
> even a customer ....yet. He tells us they will try to add our symbols in
> March. Thanks to everyone who Emailed them. DTN wins and we
> (traders) win. In
> 10 years with DBC/BMI or Omega that kind of response to problems never
> happened once. It shows a difference in the corporate cultures
> which speaks
> poorly about both DBC/BMI and Omega. Omega could have fixed the
> A/D problem
> on their end, but never even responded, much less made the effort
> to fix it.
>
> > if
> >  you compare BMI to a 56k cybercorp internet connection, BMI
> lags on most
> >  days by around 15-20 ticks in the morning (45" to 1') and
> about 30 seconds
> >  midday when things slow down.  that's my experience anyway.
> cybercorp's
> >  feed can't be ** that ** fast.
>
> Again, if you are looking at Nasdaq stocks with 60-80 ticks /
> minute you are
> talking apples and oranges compared to a 5-10 tick / minute market.
> Nonetheless, it is clear that BMI/DBC cable is delayed data.
> Maybe they are
> pocketing exchange fees like the bucket shops of old....  ;)
>
> Bill Wynne
> SmartTrades.com
>
>