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

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!

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.

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Jay Froscheiser
DTN - Trading Markets