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Re: MamamaMuley post# 13170

Tuesday, 01/19/2010 1:20:54 PM

Tuesday, January 19, 2010 1:20:54 PM

Post# of 34405
I don't post very often, but if it is worthwhile i give an opinion. I searched forever for a good price on level 2s and the best and most reliable I found was Quotemedia streaming from Bloomfield Investment Club. The cost is for Pinksheets only 23.95 including the indice fee or 44.95 for Pinksheets, OTCBB, and Nasdaq including all fees. An ongoing charge to a credit or debit account pays this. I set up a paypal account just for this because it is so easy to cancel a subscription with this. By the way I do not recommend that you buy Bloomfield's stock plays unless you saw good info from elsewhere.

In August I picked up another broker, Choice Trades (Penson Clearing House). All trades are 5.00 flat and they offered Choicestrem(just a name replacing the Quotemedia, because that is what it is) at 44.95. I used a coupon number which I had found on another site when I signed up for the feed (you can't sign up for the feed until the account is fully in operation). If I make 5 trades a month, buys or sells, the price is lowered that month to 30.00 which is the indice fee that everyone must pay unless the broker absorbs it (not ever with any of the inexpensive brokers). I could probably find that coupon# again if anyone is interested. The charge for the real time L-2s is applied to your account

I tried Investors Hub version and yes it is cheaper but personally Quotemedia spoiled me for any service that does not respond immediately to clicks and does not display L-2 in a complete overview of the particular portfolio I was viewing. So I was very disappointed. What broke the straw with this is I could not get L-2 stats for CXAC which I was dealing heavily in. No response from complaints to help fix the problem certainly did not help. But that was when it was first set up and maybe it has improved with experience, but I still hear of it being down often.

Keeping your browser cache clean is important to keep the service working properly for any of these feeds. Streaming is most important because static shots of bid/ask on a runner will not give you the real story of what is going on. I clean my browser and do a disk clean-up once a week on Sundy nights before closing down the computer.

jag
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