Certainly respectable. Now, Ameritrade must be certain that the majority will open an account with them... Or maybe their users have been complaining about their chart package offerings... QT should do for the average Ameritrade customer...
50,000 users worldwide.lets say 30,000 pay the registration fee.this gives revenues of $1.5 million.so td paid 10-20 times gross revenues,depending on how hungry they were to get quotetracker.seems there is more money in stock charts than trading. corporate culture now for the medveds.after being independant for so long.this might be hard for them to stomach.anyway,the best of luck to them.THEY HAVE CERTAINLY EARNT IT.i hope they enjoy every single penny
don't forget the advertising revenue (banners). Now they should buyout ET, develop new platform and market it on ET
So, am I hearing that there is an oportunity for ad-supported charting software that hooks to IB? If so, would we like it to be multi-platform or Windows based? Note that a multi-platform solution often means longer release cycles for some "platform-like" features. What other "free" packages are out there? Note: I'm just exploring the idea. Don't start filling me up with feature requests. I've been a QT user off and on for a couple of years, and like it. I think all with any software development background would agree that QT is quite a package. Such an app is a very large undertaking to build. Hats off to Mr. Medved and others. I hope all principals enjoy their retirement when their contracts expire.
Naw.....The only buyout should have been Interactive Brokers buying out QuoteTracker. That would have been awesome! I think there may be an upcoming huge void in the marketplace; we'll see what "develops".
jerry posted on the board ,that he had approx 50,000 users worldwide.not all pay.so these are just figures based on a strike rate.,could be higher or even lower.there is also revenue,i think from brokers who have the platform solely i.e. efx.so the list goes on. however,many users are not based in the u.s.and do not have access to ameritrade. iq feed are probably the biggest losers on this deal. these are all suppositions and we will never know the actual truth
Why do you say that when IQFeed is still supported by QT? (I think it still is, it still works)... But notice the newest version changes seem to only include Ameritrade stuff and some other things... Ver 3.7.9B Changes (October 01, 2006) " ADDED - LEVEL II - Support for TD Ameritrade TotalView Datafeed. (Look in VIEW menu on Level II window) ADDED - EULA Prompt for new End-User License Agreement REMOVED - Separate agreement when configuring trading accounts FIXED - ALERTS - problem with day high/low alerts in 3.7.9A (BETA) FIXED - INLINE CHARTS - not showing data if the timeframe was set to one with start time = end time" YET... on Sept 28th, the day the "news" came out about the "transfer", these were the version changes. Notice they include CYBERTRADER and TRADE IDEAS... "Ver 3.7.9A Changes (September 28, 2006) ADDED - CHARTS - HIDE ALL option for CLEAR LINES FIXED - CHARTS - PAINTBARS - SAR not working right with paintbars sometimes if the arrows were turned on FIXED - CYBERTRADER - once a login timed out, it would not log in FIXED - INTRADAY CHARTS - date/day of week was spilling over to the Y scale (beta) FIXED - LAYOUTS - problem with time/sales windows if those were from older STOCKS.INI files (beta) FIXED - TRADEIDEAS - list checkmark was not moving when deleting from the list"