Zeev's Turnips Patch-No Politics (ZEEV)

[shebop]

Lee,
Found this on Bo Yoder' site http://www.yoderangles.com/:

12:39pm: Just off the phone with RealTick. Evidently, the CBOT just flipped YM data into its market depth product without notice. This means that a $65 per month data package is needed to view the YM. I believe this to be a supreme blunder by the CBOT as the majority of YM traders are small accounts that will not be interested or able to justify this monthly overhead. I want to back off and see what shakes out before taking action. My initial reaction is that this move will kill the liquidity in the YM, and thus sharply reduce its edge for the
concepts I am trading. To add insult to injury, the Cbot did this move at the end of the month, and the data is NOT prorated. So this is a cheap trick to force traders to pay retroactively for July. The raging success of the YM was due in large part to its $5 per point value, lower commissions, and free data. The CBOT has really shot themselves in the foot here. I plan to avoid the YM for foreseeable future. There are lots of other instruments out there...