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


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Which Data Feeds / platforms support MBO Data?

  #24 (permalink)

New York, NY
 
Trading Experience: Beginner
Platform: Vanguard 401k
Broker/Data: Yahoo Finance
Favorite Futures: Mutual funds
 
Posts: 1,046 since Jul 2012
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LukePoga View Post
You can get direct mdp3 feeds from several providers. You have to pay a lot for 3rd party mdp3 receiver software, or write your own. What benefit is it though if you can’t place orders via same? That’s where the 500,000 Account minimum is required. You need that intermediary risk check otherwise you can spend a billion accidentally and declare bankruptcy!

Yeah true if I follow what you're saying. Well the main reason why you'd get a vendor's feed handler for MDP3 to parse the direct feed is because it can be a pain to unify the API for multiple venues. There's almost zero reason to use a vendor's feed handler for a direct feed if you're only trading 1-2 exchanges.

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