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I can echo everything Chris said. I use FS on two machines (two cards)
and almost twice the cost except there is break on the second set of
exchange fees.
Two poits of difference: I understand they no longer carry OEX
options. And, it is not necessarly to manually paste in varialbe data
you missed--it is done automatically.
The net (that's a pun) for me is that I no longer have to mess with
data maintenance as I was doing with Internet based feeds. It is
certainly worth the additional cost.
Best regards,
Jim
Saturday, December 30, 2000, 5:46:57 PM, you wrote:
CC> A number of people have asked me recently about FutureSource data -- I
CC> thought I'd share my experience for the benefit of all.
CC> FS offers data for TS4 in addition to their proprietary charting packages.
CC> It does not work with TS2000i. I tried running a few symbols via Excel DDE
CC> and Omnicom to 2000i on an second pc, but was not satisfied with the
CC> results. There was talk a year or so ago of FS doing data for 2000i and
CC> doing a networked TS product, but given Omega's new direction, I would
CC> speculate that it will never happen.
CC> FS has its own standalone data management software which is quite old. It
CC> takes quite a while to set up all your symbols initially, but thereafter, it
CC> works well. FS only has commodity, futures (and futures options), index and
CC> forex data. No stocks. No equity options but OEX. Index data is very very
CC> limited compared to most any datafeed. No adv decl for nasdaq for
CC> instance. No SOX, No IIX. Various other obvious things are missing.
CC> Separate files for daily, weekly, monthly, perpetual. Historical data comes
CC> with it. Tell it what you want, and with in a week or so, it will
CC> automatically be saved. What they call perpetual is unadjusted continuous.
CC> When an old contract expires, the new one starts getting added to file.
CC> This is the way their weekly and monthly data works also. I spent a large
CC> amount of time trying to come up with a way to import adjusted data and
CC> concluded that it cannot be done. So it is not a great package to trade EOD
CC> systems.
CC> Intraday data is saved as variable (1 min.) or tick. Variable files are
CC> error corrected -- they broadcast corrections and charts update
CC> automatically. Tick charts are not corrected, however. This can be done
CC> manually, but it is not very user friendly. I don't use that many tick
CC> charts, so not a big deal for me. Every day they broadcast variable refresh
CC> data. If you miss some data during the day, just paste in the data when it
CC> is sent that evening. Not all symbols are included in this refresh data,
CC> but most major ones are. You can request whatever data you need from them
CC> by phone or email 24 hours a day. Tech support is 24 hours a day as well.
CC> Oh, it does not save tick volume as well.
CC> I use a 1 meter dish, and only very rarely have clouds come over thick
CC> enough to stop the broadcast. Reliablity 24 hours a day is the reason I
CC> went with FS (from esignal) and I have not been disappointed.
CC> FS has most, if not all, futures exchanges in the world. Most are available
CC> delayed for free, as is cash forex. Also, they carry things from exchanges
CC> that not all vendors carry. For instance, they have tick-by-tick cash
CC> Nikkei 225 and 300 from Simex that esignal did not carry, Likewise on Eurex,
CC> Liffe, etc.
CC> FS cash forex costs $150 a month extra RT, but it is worth it. Errors are
CC> corrected automatically. You can track individual bank's prices, instead of
CC> just all collectively. A couple of examples: You can make a quote page of
CC> every $/yen quote in the market. Or, I have an account with CMC, which is a
CC> FS contributor. I can chart CMC's prices separately from the
CC> multi-contributor feed.
CC> Overall, I have been very pleased to date with the quality and reliability,
CC> which is the reason I switched. It is more expensive than most TS feeds--
CC> mine runs $270 a month, not counting news, exchange fees or FX. It is by no
CC> means perfect, but it is always there. No more sweating to keep the damn
CC> DSL line up 24 hours a day alone is worth a few extra bucks to me.
CC> Regards,
CC> Chris
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