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Re: Mattu post# 3

Friday, 05/10/2002 3:20:53 PM

Friday, May 10, 2002 3:20:53 PM

Post# of 38
Very similar to how SI, RB, and Yahoo are doing it.

At the user's option (all configurable in My Settings), delayed quotes including last trade price, bid, ask, volume, and a few others, would be included in or near the iBox of each board and each message within the board.

Each user would also get a portfolio or multiple portfolios that would display then-current (minus the 15-minute delay) totals and net changes.

Users could also include in each post a quote-stamp that would show the then-current trading price of the security being discussed. By default it would be the security specific to that board, but it could be over-ridden when the post is submitted.

Moderators could also force all messages on their boards to automatically have these quote-stamps.

The quote-stamps would only be visible to those with the appropriate membership level and who have them enabled in My Settings.

Additionally, a separate screen could be added to get a delayed quote on any security. A "Quote" options would be added to the current search box's drop-down.

Those are my thoughts so far.

If it's not something that is very useful or *everybody* that trades needs it, it's not worth the hassle.

I disagree. I don't think it's something that "everybody" must "need" to be worth it. Instead, it'll be worth it if "enough" people "want" it. Specifically, want it enough to pay for it.

If people want it, but not badly enough to pay for it, it won't be done, no matter how much anyone wants it or how many people want it. The bank won't accept wants on the deposit slips. <g>

And an increase in page views wouldn't be reason enough, no matter how much of an increase in page views.

The standard these days is real-time or streaming.

We definitely wouldn't be able to offer real-time under *any* circumstances unless a lot of things change. As it stands right now, each user would have to fill out a lengthy agreement, which we'd have to keep on file, and each individual quote would cost us money. With delayed, we don't have the agreements to deal with, and there's no per-quote cost.



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