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I think John is on the right track.
We do not need more laws, regulation, government intervention, etc. That
just interferes with what we want, a competitive market for the supply of
reliable, real-time data.
The solution is to use your wallet in selecting the best data provider for
your needs. If that is speed, find out who the fastest is and go with them.
That will reward the supplier who meets your needs best with increased
profits and an increased abililty to continue to satisfy your needs.
Please, no more laws and government!
Thomas J. Vetter
----- Original Message -----
From: "john berentson" <shavenheads@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Cc: <taoofdow@xxxxxxxxxxxxxx>
Sent: Saturday, February 09, 2002 12:01 AM
Subject: Re: ?Legal Question:?? What is REAL TIME???
> Real time may be defined as having no artificial delay introduced. As far
as
> technology induced delays or filtering, there is no need for regulation;
> there are plenty of alternatives for the marketplace to determine what is
> best. Incidentally, I know of at least one instance where the DBC feed ran
> ahead of the exchange feed, this because their filtering reduced the
> clogging of similar trades. Does this mean that DBC was faster than real
> time? Beam me up, Scotty; prepare for the jump to light speed.
>
> There are definite trade-offs and traders should be aware of them and
> subscribe accordingly.
>
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