Which Data Feeds / platforms support MBO Data? | Traders Hideout


futures.io - futures trading strategies, market news, trading charts and platforms


Traders Hideout


Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons




 

Which Data Feeds / platforms support MBO Data?

  #9 (permalink)

New York, NY
 
Trading Experience: Beginner
Platform: Vanguard 401k
Broker/Data: Yahoo Finance
Favorite Futures: Mutual funds
 
Posts: 1,046 since Jul 2012
Thanks: 718 given, 2,147 received

I guess another problem is that the business model wouldn't make sense.

Most of the institutional vendors I know focus on providing only the software licensing, this greatly reduces their own operating costs and at the same time they're able to breakeven with just 2 corporate customers paying $10k/month.

Your costs are actually higher to run a public feed because you are running infrastructure, and managing 100+ retail customer relationships is a lot more taxing than 2 corporate clients.

The only way you can make this profitable is to land a sweet licensing deal with a big firm, like Yahoo.

Reply With Quote