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To: Richard Habib who wrote (103263)5/10/2000 5:08:00 PM
From: The Duke of URLĀ©  Respond to of 186894
 
The lowest I have seen for streaming rt, other than free with your online broker, is about $7.00 for four exchanges.

And again, perhaps I am being indelicate again, but Intc seems to be trading at 103 1/2 (!) after hours. (real time)



To: Richard Habib who wrote (103263)5/10/2000 7:55:00 PM
From: Road Walker  Respond to of 186894
 
Richard, re: "$130 a month for real time quotes isn't a particularly burdensome cost for valuable info."

The equity markets are not the same as selling a proprietary product for a profit. Who owns the information of the bid/ask on any particular stock? Investors or the MM's/specialist/markets? Why do they keep current information from the public that doesn't have premium service?

Would you buy any product (equity) if you didn't know what the real price was?

John



To: Richard Habib who wrote (103263)5/10/2000 8:06:00 PM
From: willcousa  Respond to of 186894
 
I am not asking for a hand-out. Just for one system and build the cost into each transaction. A two-tiered system is anachronistic.

Another alternative could be to continue the present system but have a rule that no one can invest unless they have real time data. That would be in the public interest.

My logic on antitrust is a little different. I don't think that the government should pursue antitrust cases which are not in the public interest and I have my doubts about the msft one.

I also like the government action in stopping the price fixing in CD's.