Quote Services
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Hey all,
I know many of you are fee-based financial planners and don’t do a lot of individual stock quotes, but our practice is still pretty heavily transactional.
For those that do a fair amount of stocks and options, what quote services do you use?
Currently working with Thompson ILX and it’s great but is not available to indys at a reasonable cost.
We’ve looked at E-Signal and Quodd. Anyone have any other suggestions?
Still an employee rep so not paying anything now. E-Sig will run about $270 per month and Quodd about $250. Thinking there has to be other real time stock and option quotes services that aren’t as expensive.
Who do you clear your trades through? Do they not have a service you can link into?
It took me a while, but I found the Slam-Dunk answer. It’s called “Quotestream”. It’s an internet driven service that provides eal-time quotes (equity and option), charts, news, etc. Quite similar features of ILX. I pay $25.month, and, did I mention that it includes the same features on your smart-phone?
Check out quotestream.com if you want to learn more. I love it.
Do you do that much stock business where you need a quote service? What are the advantages(other than being a tad bit quicker) on why you would spend the money.
About 60% of our business is still stock transactions. Moving away from that, but as of now, we still need it.Do you do that much stock business where you need a quote service?
[quote=YHWY]It took me a while, but I found the Slam-Dunk answer. It’s called “Quotestream”. It’s an internet driven service that provides eal-time quotes (equity and option), charts, news, etc. Quite similar features of ILX. I pay $25.month, and, did I mention that it includes the same features on your smart-phone?
Check out quotestream.com if you want to learn more. I love it.
[/quote]
So…you lied to quotestream about being a professional to get the rates for private individuals? How pathetic of you.
http://www.quotemedia.com/quotetools/useradmin/proFees.php#
[quote=Squash1]
ETJ: what benefit is there to use a quote service?
[/quote]If I could get quotes for $25/month, without committing FRAUD against all of the exchanges, like YHWY, I wouldn’t mind having them just for kicks.
Your in business I wouldn’t skimp on the tools. bite the bullet and get E-Signal. I would use it if I could at legacy AGE. If you’re the kind that wants to code a bit tradestation is great and easy language is simple boolian logic.
[quote=Squash1]
ETJ: what benefit is there to use a quote service?
[/quote] Many of our clients are traders and need accurate stock quotes, we do a fairly high volume of options as well, and every cent counts with options. Currently in a free trial with E-Signal, its great but going to be expensive at $270/mo.[quote=etj4588]Still an employee rep so not paying anything now. E-Sig will run about $270 per month and Quodd about $250. Thinking there has to be other real time stock and option quotes services that aren’t as expensive.[/quote]
Come on Joe…you know all that stuff is expensive!
ThomsonOne is $160 a month. For what it can do it's a bargain. and yes, I'm an Indy.Hey all,
I know many of you are fee-based financial planners and don’t do a lot of individual stock quotes, but our practice is still pretty heavily transactional.
For those that do a fair amount of stocks and options, what quote services do you use?
Currently working with Thompson ILX and it’s great but is not available to indys at a reasonable cost.
We’ve looked at E-Signal and Quodd. Anyone have any other suggestions?
Quotestream Professional offered by QuoteMedia is a fantastic provider of realtime quotes. My firm offers their Quotestream Professional product to our RIA’s for $25/month excluding exchange fees. They are worth investigating.
[quote=FVDA_Trade-PMR]Quotestream Professional offered by QuoteMedia is a fantastic provider of realtime quotes. My firm offers their Quotestream Professional product to our RIA’s for $25/month excluding exchange fees. They are worth investigating.[/quote]
Already did. We ended up going with Quodd. $200/month all in. Best deal we could find and it pretty good - quotes, charts, research, company info, option chains, plus more stuff that we haven’t figured out yet.
I use Thomson One and pay $164 a month. It’s the same system I had when I was at a wirehouse and has everything you would need. The firm I’m with now offers QUODD Equity+ for $50 a month.
Anyone use QUODD Equity+ and knows how it compares to Thomson One?