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Think of it. Free data, provided by the exchanges (to promote increased
trading volume) to a dot com which attracts high advertising revenues
because of the traffic generated by the free data. When the exchanges get
past the special interests of the piranha there solely to rip us off, and go
to electronic trading exclusively, then they will be glad to provide the
data free, since the small trader is the bread and butter of electronic
trading.
When the piranha are forced to compete with us on an even playing field,
they may find it harder to make 7 figures. DBC is just part of the
corporate mentality of the piranha, the institutions, and the exchanges that
could care less if the individual trader got a fair shake. They don't like
us, cause we are anathema to the mantra the institutional players
continually repeat ("buy and hold, buy and hold, buy and hold... .").
However, as the success of Eurex increases, and the writing on the wall
becomes more apparent, then the piranha will be sacrificed at the feet of
the institutions and exchanges, and the level electronic playing field of
the future will be the present, and all will be competing for the attention
of the small trader. Free data will not be just a dream, but reality, and
dbc will be relegated to the status of a small dinosaur that failed to
adjust to a new environment.
Just a dream? One can only hope.
Don
----- Original Message -----
From: "[ tradergirl ]" <tradergirl@xxxxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, May 13, 2000 1:15 AM
Subject: Re: DBC Microsoft Mentality
> Just so everyone knows, some Linux people out of France, are developing
and
> have written GENIUS TRADER.
> it is identical to tradestation. All they need now is the ability to get
> free datasources into their program. See,
> that's what's great about Open Source, Linux, and Free Software -- the
> ability to exchange unhindered. The
> true spirit of trading incarnate.
>
> If Omega ever plays the game of phasing out TS4, or stop supporting it,
then
> I will never do business again.
>
> I guess they don't value $2495 customers, nor does DBC value my $300+
> realtime each month they get off me.
>
> BAH HUM BUG!
>
> I know I am ranting. I'll be over this by tomorrow. I promise.
>
> ----- Original Message -----
> From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
> To: "OmegaList" <omega-list@xxxxxxxxxx>
> Sent: Friday, May 12, 2000 7:13 PM
> Subject: Re: DBC Microsoft Mentality
>
>
> > I got the same phone call, Wong. I gave him the exact same reply you
did.
> > He didn't tell me that cable would be phased out, but hopefully I'll be
> > using a different feed and software by that time. I've had DSL for 2
> weeks
> > and while I'm deliriously happy with it, it has gone out twice for about
2
> > hours so far as well as 2 or 3 times when it just decided to reset my
> > connection to the internet. Thank god I wasn't trading off of it.
> > DBC/Omega, if you're reading this, if you want me to switch to a data
feed
> > that you make more money off of, give me software that doesn't crash and
> the
> > ability to fill gaps in my data caused by the inevitable internet
outages
> > that will occur.
> >
> > Kent
> >
> >
> > -----Original Message-----
> > From: wong <whs@xxxxxxxxxxxx>
> > To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> > Date: Friday, May 12, 2000 2:29 PM
> > Subject: Re: DBC Microsoft Mentality
> >
> >
> > Hi All:
> >
> > I meant to mention this little piece of news, but I kept forgetting...
> >
> > 2 days ago, I received a phone call from DBC. The gentleman tried to
> > persuade me to switch from DBC Signals (real time) to the internet
service
> > they provided (forget the name). I said "no thank you, Signal is just
> fine
> > for me because I'm using TS4 and TS4 doesn't support internet
> transmission."
> >
> > He said most likely the real-time Signal service for TS4 will be phased
> out
> > in about 1 or 2 years' time. He suggested I'd better upgrade to
> TS2000....
> >
> > I guess eventually I will be forced to upgrade to TS2000 in the next 2
> > years. Hopefully, by that time, most of the headaches relating to
TS2000
> > will be ironed out.
> >
> >
> > Does anyone else receive a phone message as I had?
> >
> >
> > Regards,
> >
> > Wong
> > =============================
> > At 02:08 PM 05/12/2000 -0700, [ tradergirl ] wrote:
> > >I received the following reply.
> > >
> > >Robert
> > >
> > >Mr. Cummings,
> > >Thanks for your email. Due to bandwidth constraints, broadcast systems,
> > >meaning both Signal and BMI broadcast system boxes do not have the
> > >bandwidth to keep up with the active trading that's occurring in
today's
> > >markets. DBC makes no effort to conceal the situation.
> > >For this reason, DBC recommends eSignal to all existing and prospective
> > >customers. Internet is the only medium with a wide enough bandwidth to
> > >transmit the data.
> > >Sincerely,
> > >L. D. Prunty
> > >Technical Support Representative
> > >http://www.dbc.com
> > >
> > >^^ okay.
> > >
> > >What they are doing, since I am pretty damn good at computers, is
telling
> > >you the Internet has more bandwidth than Cable. What they are doing is
> > >lying.
> > >Look at Cable modems. Look at television. Cable. The only thing
faster
> > is
> > >a fiberoptic backbone, like coming in from an OC3.....
> >
> >
>
>
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