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Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?


To: paulr1 who wrote (5840)2/1/2000 1:52:00 AM
From: trilobyte  Read Replies (1) | Respond to of 17977
 
well Paul to me it looks like they are two groups of people here
traders [ the end users of your product ] and technical crew
from qcom a nd each of these two groups of people is looking for something different --- you as a data provider or transmitter want runing everything smooth and nice , but the bottom line of trading is lost for you ....sorry

*** this a part of post from Jay ***
>>>To: jebj who wrote (5831)
From: qcom_datadept Monday, Jan 31, 2000 5:52 PM ET
Reply # of 5840
If I understand, you are saying that the times shown on YOUR T&S are NOT the times shown on the NASD tape?
**Correct, but they are very close unless NASDAQ r Comstock is sending them late**.<<<

Paul this is the problem --- traders are trading with help of different indicators , formation of candles or Moon,Earth,Mars constellation that doesn't matter everybody has his own style and his own favorites BUT all of them have few things in common and that is : they need a fast or super fast execution and they NEED to KNOW where they are in time relation to the exchange where they wants to trade .. for that i give you an example -- some time i am trading for for a dime or two that means I HAVE to be on same time line as the exchange -- my shortest round trip trade was a bit less than 2 and 1/2 MINUTES ... bought in took $ 600.00 profit and sold ...
now if i am trading and the time difference between your data and exchange real time position "is" but they are very close unless NASDAQ r Comstock is sending them late**.<<< all preparation for a trade goes to hell and i am not trading any more but gambling ...

rgs trilobite



To: paulr1 who wrote (5840)2/1/2000 10:30:00 AM
From: jebj  Read Replies (2) | Respond to of 17977
 
>What Jay is saying is it take less bandwidth for Comstock not to send a time stamp than to include it. The timestamp occurs when the data hits our servers. - ~Paul

OK - I understand the bandwidth issue.

BUT - if the darn data is WRONG - WHY POST IT!!!

I mean, why even put a time on it - A WRONG TIME - why not just post the trade?

I have been in discussion for a week with a broker over the time of a trade - an 6.5 min difference between what they tell me the trade was and what it shows up on my T&S. SIX AND A HALF MINUTES!!!

This is just not exceptable.

And it might be nice if you give us a list of OTHER data that could be wrong because of "little" issues like this.

jb