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»Forums Index »Archive (2017 and earlier) »Data and Content Support »"nominal" administration fee

Author	Topic: "nominal" administration fee (3 messages, Page 1 of 1)
skunk -DTN Evangelist- Posts: 249 Joined: May 7, 2004	Posted: May 25, 2005 10:38 AM Msg. 1 of 3 http://forums.iqfeed.net/index.cfm?page=topic&topicID=577 "Effective June 1, 2005, we will be implementing a nominal administration fee for all real time exchange you are authorized for. A fee of $1 per equity exchange and $3 per futures exchange will help offset only a portion of the expenses DTN pays each exchange to be a vendor." Per day? per month? per year? Edited by skunk on May 25, 2005 at 03:50 PM
dhakme -DTN Evangelist- Posts: 150 Joined: Sep 17, 2004	Posted: May 25, 2005 04:17 PM Msg. 2 of 3 Two recent quotes from DTN in these Forums: "It will also allow us to continue our aggressive investment (over $100,000 this year alone) in infrastructure ..." "As a DTN customer, you are among more than 100,000 individuals who count on us every day...." Interesting to note that spending $1 per customer per year on infrastructure upgrades is considered "aggressive investment". I assume the additional fees are monthly so that's another $100k+ per month or alternatively 12 times the annual infrastructure upgrade budget. Personally, I'm happy to pay a little extra if I could see an improved service. As a developer I'd like to see at least one software release that fixes a few of the major bugs reported in the last 18 months!
DTN_Jay_Froscheiser -VP, Product Operations- Posts: 1746 Joined: May 3, 2004 DTN IQFeed/DTN.IQ/DTN NxCore	Posted: May 26, 2005 01:18 PM Msg. 3 of 3 The fee is per month. As for the customer numbers, a large group of them do not receive real time data and aren't effected by the fee. I hope to get a beta build of IQFeed up on the developer site shortly (today) as well. Jay Froscheiser DTN - Trading Markets