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To: Lizzie Tudor who wrote (5859)	6/17/1999 8:46:00 PM
From: Spots	Read Replies (1) of 32911

>>since all the brokers provide them for free to account holders. You're misinformed. The brokers must pay the exchange fees to provide real-time quotes to their customers on a regular (demand) basis. A telephone broker assisting a customer can provide real-time quotes on issues under discussion for trade. Under this rule (which comes from the exchanges), the online brokers generally provide a real-time quote on an order entry confirmation screen. Others provide real-time quotes based on a "quote bank", typically a trade allowing you to put 100 quotes in your "bank". Use them up, and there's a charge, like .01 per quote, which I also think comes from the exchanges. It costs $12.50 per month to get on-demand quotes from NYSE, NASDQ, and AMEX. Other exchanges generally go from higher to much higher. Nobody really provides this service for "free", though some of the ebrokers (Datek is one) absorb the cost to attract customers; others provide it for various trade level activity. Some no doubt bend the rules, but they will lose thier feeds from the major exchanges if they get caught too far out of the park.

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