16 replies to this topic

[IndexTrader]

Do you pay exchange fees for the data with TOS, or is the data free? IT

[inamosa]

Do you pay exchange fees for the data with TOS, or is the data free?

IT

Hey IT

Data is free

If you can park $3K with them, there literally are no other costs

They also have a live feed of CNBC (not that I ever watch it), for those of you who don't subscribe to cable (like me)

[IndexTrader]

What kind of data is it? Does it give you each tick? Or is it a snapshot of data like IB? I can't imagine life without cable. Do you have satellite? IT

[inamosa]

IT, As I'm not a daytrader (see my sig), MF might be better to comment on the type and quality of intraday data...but it's tick by tick and not a snapshot, as far as I know and can see As for TV, no I don't have satellite...I don't know, I'm just not interested in a lot outside of the market and a couple of other hobbies I have...I'm also very busy with my job Do like watching movies, though, and certain TV shows once they're done and on DVD (watched all of the Sopranos once the show finished...that way I didn't have to wait a week to see the next episode each time, and no commercials!)

Edited by alysomji, 16 May 2009 - 12:49 PM.

[Cirrus]

I think I'm going to open a small personal account there when I get some time to play around. I'd like to try them out.

[MoneyFriend]

What kind of data is it? Does it give you each tick? Or is it a snapshot of data like IB?

IT

Their data feed I would rate 8 out of 10.
2 points off, because on fed rate announcements for example things might freeze up for a few minutes, their time and sales is fast and their quotes page can be lightning fast (especially if you go into the settings page and set the interval to real time), but their chart sometimes lags by a second or 2 when their system gets overloaded, their tick charts only go down to 133 at the moment, typically charts update at a fast interval somewhere around 300 milliseconds, so not the worst lag.

[SilentOne]

hi alysomji, I opened a TOS account late last year. I have never used trading software. But I wanted to try something that gave me live data feed and some powerfull charting tools. I wish I had done this a long time ago. I put in several K to open an options account and now I have this terrific platform to trade with for free. For professional daytraders, TOS may not fit the bill. But for many others, it is a great platform. I have mentioned TOS on this site before and some dissed it. Not sure why when something can be had virtually free. You cannot find a trading platform to this standard with any online broker. So I use a couple of online brokers for stock trades and I run TOS as the data feed. cheers, john

Edited by SilentOne, 17 May 2009 - 11:14 AM.