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Robert,
I don't have qfeed, but did a little snooping around -- nyse,
esignal, etc. and saw nothing about new quote pricing. I have
futuresource and they have said nothing, though they only carry
indices from nyse.
To me the obvious answer, and maybe too obvious, is they are trying
to discourage daytrading, curb volatility. Or maybe it is cash flow
related, given less volume to support operations. Seems it to me it
would serve to reduce volume further though.
If I hear anything, I'll pass it along.
Chris
--- In realtraders@xxxx, Robert Pisani <pisani@xxxx> wrote:
> I just got this from QFeed, but presumably it applies to all real
time data
> feeds. Does anyone know what's going on?
>
> >From: "Quote.com QFeed" <staff@xxxx>
> >To: "pisani@xxxx" <pisani@xxxx>
> >Date: Fri, 12 Oct 2001 13:47:35 -0800
> >Subject: REMINDER - EXTREMELY URGENT - changes regarding NYSE &
AMEX
> >Reply-To: qfeed@xxxx
> >X-Envelope-To: <pisani@xxxx>
> >
> >EXTREMELY URGENT
> >
> >Dear QFeed Subscriber, October 5,
2001
> >
> >We at Quote.com want to thank you for your continued support and
would
> >also like
> >to take this opportunity to inform you of some changes regarding
the QFeed
> >service.
> >
> >On Monday October 22, 2001, pricing and registration changes to
QFeed will be
> >instituted for all professional and non-professional subscribers.
If you
> >wish
> >to continue to receive NYSE & AMEX exchange data, real-time or
delayed,
> >you will
> >need to:
> >
> >* Sign a new agreement with NYSE.
> >* Provide documentation to NYSE regarding your use of the NYSE &
AMEX data.
> >
> >Also, be advised that to receive real-time NYSE & AMEX data, your
fee
> >schedule
> >-- whether you are a professional or a non-professional
subscriber -- will be
> >changed.
> >
> >The following are the Exchange fees for QFeed users of real-time
NYSE & AMEX
> >data:
> >
> >* Real-Time Last Sale data, Bid/Ask data and Exchange Indices
data: $725 per
> >month (billed directly by NYSE).
> >
> >* Additional monthly program classification fees of $500 for real-
time
> >Last Sale
> >data and $500 for real-time Bid/Ask data may apply depending on
what software
> >applications are developed from real-time data.
> >
> >Note: Receipt of delayed NYSE & AMEX Last Sale data is free of
all Exchange
> >fees. However, you must still fill out a new NYSE agreement and
provide
> >documentation
> >to NYSE regarding your use of the data.
> >
> >If you would like to continue to receive the NYSE & AMEX data,
real-time
> >or delayed,
> >please reply to this email or contact Quote.com at QFeed@xxxx with
> >the subject
> >"QFeed Changes" by Friday, October 19th. If you have questions,
please call
> >Quote.com customer service toll-free at 866-842-5377. After we
hear back
> >from
> >you via email regarding whether you want to continue to receive
the NYSE &
> >AMEX
> >data on a real-time or delayed basis, you will then be contacted
by NYSE
> >directly
> >regarding the new agreement and documentation.
> >
> >If you do not develop software applications using the NYSE and
AMEX data and
> >wish to continue using the data feed for QCharts or third party
software
> >applications
> >only, you must change your subscription package from QFeed to
QCharts by
> >clicking
> >here http://finance.lycos.com/home/reg/myaccount.asp OR by logging
into your
> >account and clicking on "Account Management" at the top of the
Quote.com page.
> >
> >It is important for you to reply to this letter if you wish to
continue to
> >receive
> >NYSE & AMEX data.
> >
> >If we do not hear back from you by Friday, October 19th, your
access to NYSE
> >& AMEX real-time and delayed data will terminate by Monday,
October 22nd.
> >
> >We appreciate your cooperation and want to affirm our dedication
to bringing
> >you the best service possible.
> >
> >Sincerely,
> >Quote.com
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