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Virat Singh
@virattt
Founder @findatasets, market infra for your agents.
Joined April 2010
91 Following    50.6K Followers
We’re all overpaying for stock market data. It’s worse if you’re a professional investor. In the 1960s, electronic market data was a professional product, for brokers and traders. Then in 1984, retail investors wanted in so exchanges made discounted rates for them. This professional / non-professional distinction stuck around for 40+ years. Today most providers still charge more for professional use. Why? For the same usage, the infra cost to serve a professional is the ~same as an individual. They charge more because “that’s how it is”. If yours charges more, ask exactly what you’re paying more for. I think this legacy pricing model is outdated. So @findatasets doesn’t price based on who you are. Only on how much you consume.
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