Squawk service - audio listened to by more than one trader

Discussion in 'Data Sets and Feeds' started by lukas, Mar 28, 2018.

  1. lukas

    lukas Guest

    How do services like RANSquawk detect that the audio stream is listened to by more than one subscriber?
    They charge per each user but how can they possibly say no one else is listening to the same audio stream?
     
  2. Big AAPL

    Big AAPL

    One device per sub. You can have 10 friends sitting around listening.
     
  3. and losing
     
    fan27 and comagnum like this.
  4. lukas

    lukas Guest

    How do the squawk service companies make any profit then? Surely everyone is doing just that, i.e. sharing the audio feed among traders in the same room
     
  5. Cost them next to nothing to talk trash. What's the overhead?
     
  6. By the time they read it off the newswires, announce it to you, and you type it on your screen the algos will have the stock halted limit up or down.
    News trading off the major services ended years ago.
     
    cole_ likes this.
  7. truetype

    truetype

    Squawks are for entertainment value. Daytraders can't spend all day on adult video sites.
     
    cole_ and comagnum like this.
  8. but not news fading
    :sneaky: