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Bob: Thanks for both replies, and the link to the paper. That paper goes
all over the place with regard to effects on competition and legal
ramifcations in Europe. Not quite what I need, but the references bear
following up.
Thanks to everyone else too. My financial advisor advised me "that initial
analysis you did with the subscription fees is enough! Stick that in your
business plan and get back to doing real work!"
Lynn asked:
Can you say what type of stuff the start-up you are working on,
may be looking at or doing?
We have some proprietary algorithms and methods that are broadly
applicable to any stochastic time series, not just price series. Possible
applications might include weather forecasting, certain medical monitoring
devices, and longitudinal data collected by marketing research firms. And
of course trading - which is our initial focus only because the data is so
much easier to obtain - I have discovered that it's unbelievably hard for
a private start-up to get medical data for research purposes.
We're still exploring what sort of products we want to develop. We don't
even know if it's worthwhile to develop anything for other traders. That's
why I'm trying to research the size of the market segment consisting of
just Tradestation users. I was surprised that this publicly-traded company
didn't disclose the number of deployed platforms in their annual report.
-Alex
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