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I was a stock broker for three years and we never received accurate bid and
ask info on non active options either. I do not think that it is your
datafeed's fault.
I was working for a very professional firm, same data feed as Dain Bosworth
and Shearson.
Shay Horowitz shay@xxxxxxxxxx
Zeus Investments, LLC.
13918 E. Mississippi Ave. http://www.zeus-holdings.com/
Suite 245
Aurora, CO 80012
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> From: Dick Crotinger <decade@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: S&P Option spreads
> Date: Tuesday, July 08, 1997 7:59 AM
>
> Phil ( 5150@xxxxxxxxxxxxxxx) wrote:
> >>Man-o-Manichewitz, is this the truth or what? I have it from Signal
> people that their feed may run several minutes behind the market. It's a
> widely known fact that their data feed is inadequate to handle all the
> ticks and they use "filtering" to determine which ticks to eliminate
during
> busy times.<<
>
> This is true of BMI as well, even running at 38Kb. A BMI tech verified
> that option bid/asks are reliable only for most-actives, and in fact any
> option which didn't trade "yesterday" rarely gets a bid/ask update
> delivered (it falls to the carousel, or background, to update). Almost
> makes a live link to your broker-buddy mandatory.
>
> Does anyone have any info about DTN and their delivery of equity options
> quotes? Do they even offer this service?
>
> Dick Crotinger
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