skunk
-DTN Evangelist-
Posts: 249
Joined: May 7, 2004
|
Posted: May 25, 2005 10:38 AM
Msg. 1 of 3
http://forums.iqfeed.net/index.cfm?page=topic&topicID=577"Effective June 1, 2005, we will be implementing a nominal administration fee for all real time exchange you are authorized for. A fee of $1 per equity exchange and $3 per futures exchange will help offset only a portion of the expenses DTN pays each exchange to be a vendor." Per day? per month? per year? Edited by skunk on May 25, 2005 at 03:50 PM
|
dhakme
-DTN Evangelist-
Posts: 150
Joined: Sep 17, 2004
|
Posted: May 25, 2005 04:17 PM
Msg. 2 of 3
Two recent quotes from DTN in these Forums:
"It will also allow us to continue our aggressive investment (over $100,000 this year alone) in infrastructure ..."
"As a DTN customer, you are among more than 100,000 individuals who count on us every day...."
Interesting to note that spending $1 per customer per year on infrastructure upgrades is considered "aggressive investment". I assume the additional fees are monthly so that's another $100k+ per month or alternatively 12 times the annual infrastructure upgrade budget.
Personally, I'm happy to pay a little extra if I could see an improved service. As a developer I'd like to see at least one software release that fixes a few of the major bugs reported in the last 18 months!
|
DTN_Jay_Froscheiser
-VP, Product Operations-
Posts: 1746
Joined: May 3, 2004
DTN IQFeed/DTN.IQ/DTN NxCore
|
Posted: May 26, 2005 01:18 PM
Msg. 3 of 3
The fee is per month. As for the customer numbers, a large group of them do not receive real time data and aren't effected by the fee.
I hope to get a beta build of IQFeed up on the developer site shortly (today) as well.
Jay Froscheiser DTN - Trading Markets
|