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IQ Feed and data fee in general question.


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IQ Feed and data fee in general question.

  #1 (permalink)
 
rhuz's Avatar
 rhuz 
DF, Mexico.
 
Experience: None
Platform: Sierra Chart
Broker: IB/DTN IQ Feed
Trading: Futures and Stocks
Posts: 286 since Apr 2014
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Thanks Received: 399

Hi, i have a question regarding data fees. Recently i purchased IQ feed for doing my homework. I'm with stage 5 so i got the promotion for the full year disscount.
The thing is i don't really know much about data services. I tried talking with IQ representatives but still hard to speak the same language. This is regarding iq feed but more intended for user-user assistance.

What is the core service?
I have to paid extra for seeing the ZB and the ES at the same time?

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  #3 (permalink)
 
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 Daytrader999 
Ilsede, Germany
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rhuz View Post
Hi, i have a question regarding data fees. Recently i purchased IQ feed for doing my homework. I'm with stage 5 so i got the promotion for the full year disscount.
The thing is i don't really know much about data services. I tried talking with IQ representatives but still hard to speak the same language. This is regarding iq feed but more intended for user-user assistance.

What is the core service?
I have to paid extra for seeing the ZB and the ES at the same time?

Perhaps you should ask your questions in this thread:


"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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  #4 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,435 since Apr 2013
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rhuz,

I am not exactly sure if this is what you mean, but you basically pay them for the service of delivering the data to you (with all that takes).
Besides that the exchanges charge fees for realtime access to their data and the basic subscription to IQ Feed doesn't cover that. Now you can subscribe to the exchanges you require. If you only want to follow three symbols which happen to be traded at three different exchanges you'd end up paying three different exchange fees (although you could receive realtime data for all symbols included in the three exchange packets). This is not something IQ made up and they have to forward the money to the exchange.
You can find more information here on IQ's page: Welcome to DTN IQFeed! - Fast, Reliable, Affordable. Market Data and API's.

Regards,
ABCTG


rhuz View Post
Hi, i have a question regarding data fees. Recently i purchased IQ feed for doing my homework. I'm with stage 5 so i got the promotion for the full year disscount.
The thing is i don't really know much about data services. I tried talking with IQ representatives but still hard to speak the same language. This is regarding iq feed but more intended for user-user assistance.

What is the core service?
I have to paid extra for seeing the ZB and the ES at the same time?


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  #5 (permalink)
 
rhuz's Avatar
 rhuz 
DF, Mexico.
 
Experience: None
Platform: Sierra Chart
Broker: IB/DTN IQ Feed
Trading: Futures and Stocks
Posts: 286 since Apr 2014
Thanks Given: 355
Thanks Received: 399

@ABCTG that was very helpful. Maybe i'm a little lost with the part of


Quoting 
delivering the data to you (with all that takes).

I'm more visual so i will try to explain with this image.


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  #6 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,435 since Apr 2013
Thanks Given: 482
Thanks Received: 1,628

@rhuz you are welcome. Your image looks exactly like I understand the process.
IQFeed would bill you more for each exchange you subscribe to, but they don't keep the money.

There are additional fees for IQ in case you want to see Level 2 data or chart European futures for example.
These would go to IQFeed, but this is justified in my opinion as you are provided with something going above the core service.

Regards,
ABCTG


rhuz View Post
@ABCTG that was very helpful. Maybe i'm a little lost with the part of



I'm more visual so i will try to explain with this image.



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Last Updated on September 4, 2014


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