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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 K8MiBdql8DGI1oHO6ty9U8gbn29Hbc4wyUKuH3SPQdQG/bQAIXd15Y+a+zCBmbcV
 GlrJEDeUJhfa0toQ3AIyyw==

<SEC-DOCUMENT>0001181431-03-035927.txt : 20031216
<SEC-HEADER>0001181431-03-035927.hdr.sgml : 20031216
<ACCEPTANCE-DATETIME>20031216122532
ACCESSION NUMBER:		0001181431-03-035927
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031216
FILED AS OF DATE:		20031216

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WAGNER JEFFREY K
		CENTRAL INDEX KEY:			0001273145

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11108
		FILM NUMBER:		031056690

	BUSINESS ADDRESS:	
		STREET 1:		300 S. WACKER DR.
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HYPERFEED TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000745774
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
		IRS NUMBER:				363131704
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		300 S WACKER DR
		STREET 2:		STE 300
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3129132848

	MAIL ADDRESS:	
		STREET 1:		300 SOUTH WACKER DR
		STREET 2:		SUITE 300
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PC QUOTE INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd25846.xml
<DESCRIPTION>OPTIONS GRANTED AT HIRING
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-12-16</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000745774</issuerCik>
        <issuerName>HYPERFEED TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>HYPR</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001273145</rptOwnerCik>
            <rptOwnerName>WAGNER JEFFREY K</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HYPERFEED</rptOwnerStreet1>
            <rptOwnerStreet2>300 S. WACKER DRIVE</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Senior VP and CTO</officerTitle></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Options</value></securityTitle><conversionOrExercisePrice><value>4.939</value></conversionOrExercisePrice><transactionDate><value>2003-09-22</value></transactionDate><deemedExecutionDate><value>2003-09-22</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>22000</value></transactionShares><transactionPricePerShare><value>4.939</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-09-22</value></exerciseDate><expirationDate><value>2008-09-22</value></expirationD
ate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>22000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>22000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><ownerSignature><signatureName>Jeff Wagner</signatureName><signatureDate>2003-12-16</signatureDate></ownerSignature></ownershipDocument>



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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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