Which Stock Quote Data Service Is Right for Me?
With 10 stock quote data services to choose from, it can get confusing which one is right for you. So, for those of you looking for a source of stock quote data, I thought I’d post a few simple tips to help you quickly find exactly which stock quote data services are just right for your needs.
Quick Comparison Chart
Here’s a quick breakdown of our stock quote data web services, including key features to help you decide which service has the stock quote data you’re looking for.
CFTC’s “MacGyver Policy” for Algorithmic Trading Means New Testing & Monitoring Requirements
Algorithmic trading firms were put on notice last Monday when Commissioner Bart Chilton of the Commodity Futures Trading Commission (CFTC) said that high frequency trading (HFT) and algorithmic trading firms should be made legally responsible for maintaining a minimum set of testing and monitoring standards to prevent future flash crashes.
The possibility that algorithmic trading firms may need to support new regulatory requirements highlights the rapidly growing importance of the market data cloud and new cloud services like NASDAQ Data-On-Demand for back testing purposes.
In a bid to resuscitate the heroes of 1980’s sitcoms, Mr. Chilton declared, “I want to be like MacGyver. Remember, he was always trying to prevent crime before it happened.” So if you’re a criminally culpable algorithmic trading firm, you’d best beware—especially if Mr. Chilton gets his hands on a paper clip and a stick of chewing gum. Household items aside, Mr. Chilton also plans to rely on tools such as a “kind of Good Housekeeping Seal of Approval.” He’d like algorithmic trading systems to be tested by either exchanges or regulators before going live. And after going live, he’d like algorithmic trading systems to be monitored on an on-going basis.
No commentsNASDAQ Data-On-Demand Revolutionizes Historical Stock Tick Data
This week NASDAQ was the first major exchange to launch an on-demand service offering Level 1 historical stock tick data. As the first truly on-demand service for historical stock tick data, NASDAQ Data-On-Demand is leading a revolution that’s democratizing access to market data and reducing costs by orders of magnitude.
No commentsGoing Global – New Web service has 11 European and Asian exchanges
We always get great input from our customers on how we should expand and improve our financial Web services offering. For some time now people have been requesting that we expand beyond the US exchanges, but it’s a big world and we we never quite sure where to begin. So, decided to go big and cover eleven of the biggest global stock exchanges in our first release.
Today, we are rolling out XigniteGlobalQuotes which includes delayed stock quotes for the following exchanges: London Stock Exchange, Deutsche Börse (Berlin, Frankfurt, Hamburg, Hanover, Munich, Düsseldorf and XETRA), Mumbai Stock Exchange, Prague Stock Exchange, EuroNext Stock Exchanges (Paris, Amsterdam, Lisbon and Brussels), Hong Kong Stock Exchange, Tokyo Stock Exchange, Shanghai Stock Exchange, Singapore Stock Exchange, Toronto Stock Exchange and Brazil Stock Exchange. Future upgrades will integrate additional markets into the service.
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