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andrew g wrote:
> Hey folks, I have gotten several request for a summary of the results of the
> data feed poll, so I will be doing one later in the week. If you have not
> responded, please do. The responses have been very strong, but I know there
> are more of you out there. If you have questions or input on this please let
> me know.
> Thanks
> Andrew.
>
> 1. What data feed do you use?
> 2. Are you satisfied?
>
> At this point I have gotten about 25 responses and the only standout is BMI
> cable. Every response concerning BMI cable has been negative. Actually I
> am being kind. Every one has expressed extreme dissatisfaction with it. As
> one respondent put it, "I am trapped in a contract for real-time data that
> comes in 40 seconds late." He is an attorney and said after his last
> conversation with customer service he was going to file a fraud complaint
> with the FTC. "They keep giving me Bullshit and lies"
> Wow. I new it was bad, but I did not know people were willing to sue. Next
> thing you know there will be a class action suit filed against them.
>
> More typical responses have been:
>
> >From John
> "Hello Andrew, I had talked to several people. I just got rid of BMI cable
> and switched to DTN satellite. I like it so far. John. "
>
> >From Brian
> "I use Townsend Analytics... with their RealTick III software. The data
> comes over the Internet and is typically 8 to 15 seconds faster than my
> brokers data... I trade the S&P 500 "
> (I wonder what his broker uses?)
>
> This one From Howard was a surprise, I didn't know that Mytrack offered data
> feeds. I thought it was just a brokerage.
> "I mainly trade futures.
> I use MyTrack Internet data feed (www.mytrack.com) with InvestorRT software
> (www.linnsoft.com). They are cheaper than most and just as reliable as DTN
> Satellite and ESignal. "
>
> I'll do a summary for the group later this week, I have not received any
> responses from people with BMI sat feeds, has everyone dropped them or are
> they just satisfied and not bothering to vote?
>
>
Hi andrew,
nice initiative!
I am in Europe.
As a private person:
- Used DBC Signal via Panamsat earlier: Ugly and unprofessional. Feed 20 s late
and at least half the ticks missing
- DBC via EutelSat is faster but ticks are still missing.
- FuturesSource is faster also but data is read only, not stored on disk, plus
compatibility pbs with most softs like TradeStation
- CQG: A must for trading futures: top clean data, all ticks, extremely fast.
- Also people here are satisfied with SP Comstock as a feed. Most ticks, only a
few seconds late. However some have problems with TradeStation compatibility,
frequent TS failures.
As a professional. I use:
- CQG, best feed for futures trading
- Bloomberg, best feed for stock quotes and stock data
- Reuters, best for news ticker but so user unfriendly, in fact very shitty.
- An absolute NO GO is Knight Ridder Bridge Telerate whatever their name now is
with TradeStation: They plot data on sundays, miss days, miss ticks, unreliable
feed, always down, don't understand customers concerns. FORGET ABSOLUTELY if
your money is worth something to you.
Lastly, I don't recommend net based feeds as you never now what your lag is.
With satellite, at least you know how far back you are on a constant basis.
Best to you,
Gwenn
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