Real Time Quotes

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Mar 6, 2008 8:26 pm

I do some trading for clients and was wondering if any of you guys use a RT Quote service?  If so which one.  The couple of services that I have seen are really really expensive.


Didnt realize how much my wirehouse was paying for that, even with the price breaks they get.
 
Mar 8, 2008 3:22 pm
PinBroker:

I do some trading for clients and was wondering if any of you guys use a RT Quote service?  If so which one.  The couple of services that I have seen are really really expensive.


Didnt realize how much my wirehouse was paying for that, even with the price breaks they get.
 
 
www.money.net.  The prices between different RT quote services are generally pretty similar.  The exchange fees are what costs the most.  If you have a wife, mother, any other family member, or whatever, have them buy it for you.  Give them $25/month and call it even.  Or else pay $150/month, it's up to you.
Mar 8, 2008 5:15 pm

I use e-signal.  It costs me about 220/mo for a pretty complete package including live streaming stock, index, and options quotes.  For some reason it didn't seem right to lie to get the cheaper rates, and this is a professional-quality package.  $2400 a year really isn't a lot of money relative to my revenues or the responsibilities I have for my client's assets.  Just my 2 cents...

Mar 10, 2008 3:16 pm

We have a RT quote system at Jones.  I'm not sure who it comes from, as it runs straight from our system.  We don't pay anything for it directly, but we get charged about $225/mo. to our branch P&L for "Quotes and other Market Data".  This charge includes other systems they provide such as Morningstar Hypo and Annuity Hypo systems and Cost Basis system (Net Worth Services, Inc.) as well, so I can't give an exact figure.

 
That's all part of the infamous $1250 "I.T. Charge" at Jones that everyone speaks about so fondly.
Mar 11, 2008 3:16 pm

ADVFN    A little over $5 a month!  

Mar 29, 2008 3:11 pm

We use yahoo quote system called MarketTracker under the Yahoo Finance area for the past 9 yrs.  $10 / month.  Real time info.  Accurate.  Very professional looking.  Highly Recommended.

 
 
Mar 29, 2008 4:16 pm

Is that the price for investment professionals?

Mar 30, 2008 3:22 am

That's the price for everyone.  Yahoo doesn't know, care or discriminate about who you are.  I just set up a profile name & password.  Then followed the steps to sign up.

I don't do alot of stock business, but always leave that MarketTracker screen on one of my 3 computer screens.  It looks professional & cool w/ all that green & red changes, at least to my clients.
Mar 30, 2008 7:13 am

That's a great piece of information...and something that I've been looking at for awhile. Thanks for sharing...I'll check into it...