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Re: Cush post# 7159

Wednesday, 12/23/2015 2:43:18 PM

Wednesday, December 23, 2015 2:43:18 PM

Post# of 7255
I have a free account here therefore it's my last post today. I will respond to your future posts tomorrow.

First of all I appreciate your responses.

Here is how stockcharts build it's business model:

1. For more expensive accounts (Pro, RT) they use NYSE/ Nasdaq data. Nasdaq data is expensive, that is why those accounts are more expensive.

2. For the Basic and Extra accounts they use alternative BATS data.

BATS is trying to promote themselves as an alternative source of information and give basic DATA to stockcharts for free.

Stockharts use BATS data to build CHARTS in real time but supporting information is delayed for 15 min. That is why you can not see volume, supporting indicators and see a yellow candle on the intraday Charts

In 15 min Stockcharts synchronize data from BATS and Nasdaq and update supporting information to catch up with volume and other indicators.

It looks like that they are trying to force Basic and Extra customers to update services and pay more, by delaying information that in the past was updated in real time (CHARTS).

At the same time, once you pay your membership they not refund your money.

This is a fraud and I would like this guys to be investigated.

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