I used Reuters for a couple of months and was pleased with it. I love DataOnDemand. The freedom of pulling up any chart without regard for data maintenance is wonderful.
As you know, to use DataOnDemand one must subscribe to Reuters. I presume that since Reuters owns Equis that this is simply a blatant attempt to increase DataLink market share.
I look forward to the data when DataOnDemand is supported by, say, DynaStore, thereby freeing us from the Reuters monopoly. (DynaStore already supports datafeed emulation for MetaStock Professional for QFeed, TAL, etc.)
This may become a moot point in any case. As other charting platforms such as QCharts and RavenQuote become more feature-rich and stable(!), these old programs like MetaStock and TradeStation will only be used by the small market that wants to do system testing.
I mean, why in the name of God would I want to maintain local data if I had a big enough pipe and a remote data source? Sure, there are cases where for a particular chart one would want to maintain it locally (e.e., to fix bad ticks), but aside from system-testing, the days of local data are numbered.
I can think of no discipline other than trading where there is such wide duplication of data. Think about it -- tens of thousands of PC's each containing the same large dataset. This too shall pass.
Cheers. --Allan |
