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To: Nick Morvay who wrote (2350)	7/2/2002 8:49:44 AM
From: Carole Olkowski	Read Replies (1) \| Respond to of 2358

Hi Nick, There are 2 ways for a vendor to receive data. 1. Direct from the Exchanges via their communication networks. 2. Indirect thru another Vendor. (Subvendor status) Before that date we pulled our data from ADP/Bridge ( a direct vendor) in NY. After that date, we eliminated the middleman and went direct. This change, while costing considerably more, enabled us to become completely independent from outside forces and control our quality, content, and manage our own Datacenter. I hope that answers your questions. Regards Carole