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Jerry -
You are absolutely right.
The reason that I mentioned the bridge products is that there are other
more powerful systems that Bridge puts out that are not under the
futuresource moniker and that include stock market data. Also, I am
currently beta testing futuresource professional over the web! Bloomberg
is also excellent, but at over $1500/mo, very expensive. The key to all
of this is that the real vendors -- bridge, bloomberg, cqg, futuresource
(and if they ever get their act together, reuters) -- can fix, on the
fly, bad ticks from the exchanges, something you just do not get all
that reliably from elsewhere.
I went down the cheap route first, and I learned!
Steve
---
Steven W. Poser, President
Poser Global Market Strategies Inc.
url: http://www.poserglobal.com
email: swp@xxxxxxxxxxxxxxx
Tel: 201-995-0845
Fax: 201-995-0846
----- Original Message -----
From: <Jdonato98@xxxxxxx>
To: <swp@xxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 13, 2000 9:07 PM
Subject: Re: [RT] Re: BMI
> Hello Steven,
> I don't about Bloomberg, but Futuresource is Bridge.
> But I do agree with you.
> What I don't understand is the why -- Futures and Options traders opt
for low
> price Data services when 1 to 2 ticks a day on the Bonds, S&P,
currencies or
> whatever, and the better services pay for themselves.
> Yet all we here on this forum is how bad, and the problems with lag
time on
> the cheap services, and then they complain that the cost for the top
line
> data vendors is to expensive.
> Go figure the trader mentality.
>
> All the Best,
> Jerry Donato
>
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