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<DIV><FONT color=#000000 size=2>Good Morning RTs,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>I'm looking into the possibility of setting up a website which
would provide real-time data/charts at a substantial discount to services
commonly supplied through satellite, etc. Before I get very far into this
however, I'd appreciate some feedback on the legal requirements - mostly from
the point of view of exchanges, data vendors, etc. If, for example, I were to
pay all the exchange fees for the data, would it be a legal requirement to then
charge each subscriber the same fee again? I imagine it would be, but if anyone
has any input on this or any other aspect of the concept (particularly in a
legal vein), I'd appreciate it. Email me privately if you prefer.</FONT></DIV>
<DIV><FONT size=2>It seems to me that data and exchange fees are excessive,
considering the number of subscribers to such services. If it's possible to
increase the availability of information through more reasonable prices, and
still do it in a dependable way that's profitable, it's something worth
pursuing. I don't begrudge anyone making a profit, but if I could find a data
provider that's as dependable <STRONG>and</STRONG> significantly less expensive
than the usual choices, I'd sign up in a heartbeat - and I suspect there are
many others who would do the same. I'm sure I'm not the first to think of this,
and I'm sure there are several reasons it doesn't exist - I'd like to find out
why. It seems to me there are brokerages that supply real-time quotes online at
no cost to clients (I could be wrong about that), so why is this idea not
feasible?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Regards,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Dennis C.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 09:07:02 1999
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From: "robin hall" <rjeanhall@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: re:audio feed to the tbond mkt
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<DIV><FONT color=#000000 size=2>hi there</FONT></DIV>
<DIV><FONT color=#000000 size=2>recently los discontinued the audio feed from
the bond pits does anyone know of any other company that provides a live audio
feeed from the bond pit. los feed maybe restored in 4to6 weeks</FONT></DIV>
<DIV><FONT color=#000000 size=2>all help appreciated can reply to list or
privately</FONT></DIV>
<DIV><FONT color=#000000 size=2>thanks</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 12 09:16:37 1999
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Subject: Re: data feed info
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<DIV><FONT size=2>Dennis et al, </FONT></DIV>
<DIV><FONT size=2><BR>I looked into the idea of becoming a real time data vendor
once. There are significant costs and problems associated with it. It costs
about $10000 per month to get access to satellite distribution. Dedicated phone
lines etc. can cost thousands of dollars per month too and you need to have data
from all the exchanges. Manyu traders wont use an on line service because they
are not always dependable. There are more hurdles to jump as well but I asked
myself one day as I was checking this out. Just why don't other corporations
jump into this "lucrative" business they have far greater resources
than I. There are relatively few RT vendors out there and I expect for a good
reason. I suggest that you answer that question then go from there.
</FONT></DIV>
<DIV><FONT size=2><BR>Brent <BR>PS. I decided that trading was a better way to
make a living.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Dennis L. Conn <<A
href="mailto:dconn@xxxxxxxxx">dconn@xxxxxxxxx</A>><BR><B>To: </B>RealTraders
Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Tuesday, January 12, 1999 9:11 AM<BR><B>Subject: </B>GEN: data feed
info<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 size=2>Good Morning RTs,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>I'm looking into the possibility of setting up a website which
would provide real-time data/charts at a substantial discount to services
commonly supplied through satellite, etc. Before I get very far into this
however, I'd appreciate some feedback on the legal requirements - mostly from
the point of view of exchanges, data vendors, etc. If, for example, I were to
pay all the exchange fees for the data, would it be a legal requirement to then
charge each subscriber the same fee again? I imagine it would be, but if anyone
has any input on this or any other aspect of the concept (particularly in a
legal vein), I'd appreciate it. Email me privately if you prefer.</FONT></DIV>
<DIV><FONT size=2>It seems to me that data and exchange fees are excessive,
considering the number of subscribers to such services. If it's possible to
increase the availability of information through more reasonable prices, and
still do it in a dependable way that's profitable, it's something worth
pursuing. I don't begrudge anyone making a profit, but if I could find a data
provider that's as dependable <STRONG>and</STRONG> significantly less expensive
than the usual choices, I'd sign up in a heartbeat - and I suspect there are
many others who would do the same. I'm sure I'm not the first to think of this,
and I'm sure there are several reasons it doesn't exist - I'd like to find out
why. It seems to me there are brokerages that supply real-time quotes online at
no cost to clients (I could be wrong about that), so why is this idea not
feasible?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Regards,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Dennis C.</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 19 21:22:37 1999
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Date: Tue, 12 Jan 1999 10:11:03 -0700
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From: "Phil Fluet" <pcfluet@xxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Vapor System ?
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Has anyone seen this "system." Does it have any value, or is the real money
made from gullible wannabees, like me.
To order your "StockNet II" system, on a blank piece of paper write your
name and address and e-mail address (for important notices or updates), send
it along with a check for $29 payable to JLR Inc. ( there are no shipping
charges) to: JLR Inc. 2100 Constitution Blvd., Suite 121, Sarasota, Florida
34231. Or you can order "StockNet II" by credit card on a SECURE Web site at
https://www.gta-tech.com/netorderform.asp?merchantid=2046 . (Please note:
This server can, at times, be very busy.) You can also fax your order to
941-927-1807.
You can also access an order form at http://www.stocknet2.com/orderform.htm
.
Make sure you also include your email address in any order. "
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