You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Huge UNFAIR increase of prices for data of NYSE stocks
- Thread starter ChrisMMM
- Start date
If you go to www.nyxdata.com/openbook you will see that it is the NYSE charging the $5000. Every broker has to pass on the NYSE fee.
The $5k fee is what the Data Vendor pays to get the data from the NYSE. The $60 fee is what customers like myself pay to the NYSE for the data. Data Vendors pay around $1,000 a month to NYSE for Level 1 data. I am not sure how much the regular Openbook costs vendors, you can look it up. But I would guess that $5k is a large increase in price so a number of Data Vendors may not give access to the Ultra OpenBook because it is too expensive and will only offer the regular OpenBook as they currently do.
Are you talking about getting OpenBook on a single stock at one time, or the entire OpenBook feed for every stock at once, or something in between (e.g. a limit of 200 symbols)?
$5k/month wouldn't be bad for the entire feed (but how would you receive it without a high-bandwidth fibre service or colo, which I think Genesis can provide, as well?).
On the other hand, $5k would seem steep to me for a single stock at a time; there must be cheaper alternatives for this, e.g. RealTick Pro.
$5k/month wouldn't be bad for the entire feed (but how would you receive it without a high-bandwidth fibre service or colo, which I think Genesis can provide, as well?).
On the other hand, $5k would seem steep to me for a single stock at a time; there must be cheaper alternatives for this, e.g. RealTick Pro.
I think RealTick offers what you want, but for $260 -- that's for $200 RealTick Pro, which you'd need if you want the API, plus $60 for the OpenBook fee.
http://www.realtick.net/v2_getpage.asp?subnav=true&page=subs_proo_feat
http://www.realtick.net/v2_getpage.asp?subnav=true&page=subs_proo_feat