Very soon, access to real time stock quotes will not have to pay anything. This information will be delivered by free services, so trading will be much easier.
Today it became known that on several free sites on the Internet, including
Google Finance , Nasdaq charts will appear in real time. Until now, the Nasdaq site gave quotes 15 minutes late, but now they are introducing a new real-time data broadcast service. For this, Nasdaq
wants to take money . The legality of such a business is questionable, but Nasdaq hopes to get official permission from the US Securities and Exchange Commission during the year. In the meantime, the
pilot project has started, and the real-time quotations will begin as soon as the programmers have solved a number of technical problems on format conversion.
Three were the first potential buyers and current beta testers of the system: in addition to the aforementioned Google Finance, this is also CNBC and the Wall Street Journal. If allowed to trade information, each of them will be forced to fork out up to $ 100 thousand per month. In addition, about $ 50 thousand per month will also be worth getting quotes from the NYSE and ASE exchanges in real time too.
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Interestingly, in this agreement, one of the most popular financial Internet services,
Yahoo Finance , became untapped.