Quant opinion: Why it could be hard to resell major stock exchange tick data from the likes of NYSE, NASDAQ, AMEX, LSE, etc?

(Last Updated On: December 1, 2011)

Quant opinion: Why it could be hard to resell major stock exchange tick data from the likes of NYSE, NASDAQ, AMEX, LSE, etc?

This was a question someone asked about reselling stock exchange tick data from large providers:

hi: If you ever construct a quote or trades database ( the data that nyse sells ) for U.S equities, let me
know because what’s currently out there to buy is REALLY EXPENSIVE. tickdata sells 1 year
for I think 12 or 14K.  thanks.

My response:

I am sure a lot of the tick databases from large stock exchanges will not allow
people like me to resell. I am sure it is part of their end user agreements
 no different than Yahoo Finance. I would love to sell those but as said, it could be really hard.
Thanks for responding.
Bryan

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs