David, Just poking my nose in here (and I really haven't followed your thread) ... I've found that the combination of : L2 screens, the credit for doing that many trades per month, the speed and reliability of the quotes themselves, the ability to get between the Bid/Ask, (Just their whole system overall ..) will *more* than make up for any costs involved. I run the full version. At first I was concerned at 300/month <in fact I started with the lower versions, not worth the loss in benefits of the full>, Some months I don't get anywhere near the cutoff to get the datafeed discount. But the better fills alone make up for feed cost and the extra 10 in commissions.
At least this is what I've found. So I put it to rest, knowing at any given time I can poke my head into the system, say on a news release, and take out my overhead cost in a simple single trade. Just an opinion .. accept the costs as being truly worth while and concentrate more so on finding the right opportunities. |
