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I believe there is also another way around this. The legal folks on the list
may be able to comment -- verify/refute. I'm fairly sure that if you
distribute a "value-added" product (possibly something as simple as an ascii
file built from the original data) you can navigate around the data vendor
contract restrictions, as you are not re-distributing the original product.
----- Original Message -----
From: "cwest" <cwest@xxxxxxxxxxxx>
To: "Calandra Sikes" <jen450us@xxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Tuesday, April 09, 2002 9:30 AM
Subject: RE: HELP Data Co-op - or - Historical Data Archives
> This is a very good point. Perhaps an Association should subscribe for
data
> and make it available to its members! At least that may substantially
reduce
> exchange fees :)
>
> -----Original Message-----
>
> When it comes to public dissemination of data you have
> to be careful because of the licensing agreement we
> all sign with the providers and the exchanges. As a
> friend of mine found out, the data is proprietary by
> the provider (dbc, dtn, etc) and the exchanges. The
> providers pay $$$ to exchange to disseminate it real
> time and historically. In fact, it says in the
> exchange agreement you sign that you agree to use data
> for yourself or give it only your employees.
>
> A friend of mine wanted to do something like this a
> year or so ago but then canceled the plans after
> reading the exchnage data agreement and the agreement
> he signed with his provider. Basically you agree not
> to dessiminate it real time or otherwise.
>
> If it stays small you might be able to keep off the
> radar but if it gets too big then I'd be leary.
>
> Now if you can figure out a way to make us all your
> employees, sign me up. :)
>
> Good luck.
>
>
>
> -----Original Message-----
> From: cwest [mailto:cwest@xxxxxxxxxxxx]
> Sent: Tuesday, April 09, 2002 7:59 AM
> To: ztrader; Mark Brown
> Cc: omega-list@xxxxxxxxxx
> Subject: RE: HELP Data Co-op - or - Historical Data
> Archives
>
>
> In about a month I'll have a box with plenty of
> off-peak bandwidth, although
> storage maybe another issue depending on the amount of
> historical data to
> store.
>
> -----Original Message-----
> From: ztrader [mailto:ztrader@xxxxxxxxx]
> Sent: Tuesday, April 09, 2002 8:50 AM
> To: Mark Brown
> Cc: omega-list@xxxxxxxxxx
> Subject: Re: HELP Data Co-op - or - Historical Data
> Archives
> Importance: High
>
> On Tuesday, April 09, 2002, 5:51:57 AM, Mark Brown
> wrote:
>
> MB> I am wondering if their is any interest in a
> Data Co-op?
>
> Yes. We could all use a way to get chunks of missing
> data.
>
> MB> With traders2traders.com and myself and maybe
> some other
> MB> volunteers who have extra bandwidth we can get
> this going.
>
> I don't have the on-line bandwidth, but I'd be willing
> to
> collect/organize/store data on disk or CD's to upload
> to people who
> might have the bandwidth. This might include complete
> data sets for
> one futures contract as well as daily updates for all
> contracts/indices. It might be nice to have continuous
> contracts as
> well.
>
> If anyone has such data, please start sending it to
> me, (but not
> 20Gigs in one email) :-) or tell me how to access it,
> and I'll start
> the process. It might be good to start with the most
> popular data [SP,
> ES, ND, etc]. As on-line storage becomes available,
> I'll upload it for
> all to use.
>
> Would it be best to use .omz so both TS4 and TS2k
> people could use it?
>
> ztrader
>
>
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