I missed this topic entirely. Could someone please jumpstart me here. I see affordable feeds for a retail trader (starting from $1000/mo and up) on google. I understand you cant get ahead of big firms with that. So you are never going to be 1st, 10th or even 1000th to trade on the news.. However I am still interested in this. I want to figure details because I would like to ask narrow questions to the providers I mentioned in the beginning to see if they really have it done properly or it is just repackaged and retail-sold Reuters feed. My question - where do the news come from? For example. EIA weekly report. I guess it comes from EIA (right?) But how this works exactly? Does EIA (and other government bodies) have a private API accessible to big firms and news agencies where they push raw data? (anyone knows the location by the way - EIA access point?) Or do they all just parse pdf document from EIA website? (I mean it would be bizarre but I've seen a few bizarre things before). Or perhaps EIA wires them all the pdf through a separate network? Do the smaller news feeds buy wholesale from big feeds and disseminate to retail users or do they have independent access to EIA feed?