eSignal's $50 Level II Surcharge

Quote from almostatrader:

I always wondered what the "E" stands for from "E"signal, I now realize it means "Expensive"

I'm only trading partime whenever I have a weekday off. The method I'm using requires data for the full size SP Futures from the CME which I can't get from Interactive Brokers so I've had to subscribe to Esignal. I only need this data, I don't need any other data but I can't just subscribe to a basic account for $69 a month I have to subscribe to a Futures account for $129 a month. Then I have to pay another $53 a month for CME exchange fees for a total of $182 a month. That might not be much for a profitable experienced trader but its a huge amount for me right now.

For that price I was expecting some great software, but I tried their charting program. In my opinion it's not even half as good as Jerry Medved's Quotetracker. Their intraday data only goes back for 2 months as well. I'm not that great a trader yet but even I know that its not nearly enough data for any decent backtesting.

I understand that the first month's trial with Esignal is free (less exchange fees) but is it true what I heard that if you continue beyond one month you'll get charged for that first month anyway?
More...
try www.barchart.com the globex real time is for 45 USD
(Barchart E-Mini is designed specifically for the E-Mini trader. Priced at $45 per month, which includes the Globex $16 per month exchange fee, the E-Mini service provides realtime streaming price quotes and charts for the CME E-Mini products and CBOT Mini-Sized Dow contract. )
 
Thanks very much Easyguru, I checked out barcharts but it won't work with my setup on Wealth Lab. I've checked several other data providers already but I need intraday tick volume for the SP Futures and Esignal is the only one I've found that will work so far.

I've read that 90% of daytraders aren't making money. Considering the prices charged I'm sure most of the data providers are making money. Maybe I should give up on trading and just take all the money I have and go long on Interactive Data Corp, they own Esignal.
 
"MARKET DEPTH (eSignal requires a monthly surcharge of $50 per month for monthly subscribers and $20 per month for prepay subscriptions in addition to exchange fees for one or all Market Depth services.)"

Why does eSignal charge $50 extra on a product that costs $9 (Level II) and now totalview only costs $14!
 
Quote from Slave2MYT$:

The market depth fee you're referring to is $50 per month or $20 per month if you pay annually? When will this happen?
More...

No, it is dropping to $20/month for month-to-month too, that's my understanding at least. It was previously $50/month for month-to-month.
 
Jay Esignal


Is your region fee going away ? Nothing about that on your website..*hmm*...I am currently a subscriber of the futures package..CME+Eurex but I would like to add Stockholmsborsen..(cost 5 USD) what is the minimum tick ? one minute ?
Will I receive OMX futures if I subscribe ?
Is it possible for you to post a intraday chart here ?


I have tried the World indices package one month..that is nothing to recommend..even if the cost is "only" 10 USD :( I asked a person at Signal if I would get Swedish data..Yes, of course he said...sure..AFGX one day close..with several days missing :)


Another question: What happened 25/9-03 at Eurex..no data between 18:02-18:42 lokal European time


Regards
 
$20/month for month-to-month from the previous $50/month for month-to-month?

If so, there's no mention of this on eSignal's site ... can someone from eSignal confirm this?
 
We have two pending pricing changes:

1. Reduction of Market depth fee from $50/mo to $20/mo.
2. Elimination of the "region fee". ($25 fee for taking data from 2 or more regions -- Europe, Asia/Pacific, North America).

Both changes go into effect 10/1/2003 (existing customer's will see the reduction with their October billing).

Thanks.
 
You must log in or register to reply here.
Back
Top