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Bob,
I use BMI since 1997 and it feeds into my own software that analyzes the nasdaq
based on the receipt of what I thought was each quote and trade and does
automated order entry. I am subscribed to BMI lite and only get equities. The
box runs at 38Kbps. It used to work fine, no bandwidth problem. The problems are
only from roughly the last 2 years.
My program requires a broadcast feed and therefore I have stayed away from
internet feeds. Perhaps nowadays, with cable modem or dsl, there might be an
internet feed that can pump the whole nasdaq market. Because of the automated
order entry I do not deal with NYSE.
I can live with a 10 secs latency even though it is far from ideal.
In the best of all worlds, I would like to have Level 2 instead of the level 1
that I have now, but I know that this ups the bandwidth requirement
considerably.
Chaim
Bob Scott wrote:
> chaims,
>
> How long have you been using the BMI datafeed for NASDAQ stocks? Yes, the
> BMI stock data lags considerably and only about half of the trades are shown
> as there is a limit of how much data that can be shoved down a 38kbps serial
> interface. Also, the data priority has been given to futures on the feed
> which makes the situation worse all the time. I still use the BMI datafeed
> but I tend to think of it as historical data or use the data for non time
> critical charting and I use internet feeds exclusively for trading. If you
> are using TS2ki then I would recommend that you switch to the eSignal
> internet datafeed which interfaces without problem. If you are using TS4
> then you need an additional interface such as Dynastore.
>
> ~Bob
>
> ----- Original Message -----
> From: "chaims" <chaims@xxxxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Sent: Friday, March 07, 2003 7:53 AM
> Subject: BMI datafeed
>
> > Anyone still using BMI for nasdaq stocks?
> > Already quite a while the T/S data seems totally off.
> > Missing trades, wrong prices, wrong size.
> > The bid/ask quotes seem to be OK, although everything is quite slow.
> > I am on cable and the delay seems to be about 10 secs.
> > Any comments?
> >
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