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To: Lizzie Tudor who wrote (5859)	6/17/1999 8:00:00 PM
From: Carole Olkowski	Respond to of 32911

Thats the deal Michelle...at an average cost of $.01/hit...their ads reap them around $.015 - $.02/hit - its a profit centre to them. More quotes you pull, more money they make. Brokers provide it as a perk to their clients...SEC also has a regulation somewhere that dictates a realtime quote be provided with every order placed. Hope that clarifies for you...Its a wonderful business model to anyone with a great site with lots of traffic, but the annoying ads come with the package. Cheers, Carole

To: Lizzie Tudor who wrote (5859)	6/17/1999 8:46:00 PM
From: Spots	Read Replies (1) \| Respond to 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.