June 2, 2008
Google Shows Real-Time Stock Data
Starting from today, Google shows real-time price data for all NASDAQ stocks, informs Google Finance Blog. Google partnered with CNBC, Wall Street Journal, Xignite and managed to convince NASDAQ that providing free access to real-time stock data is the right thing to do. "With universal access to the Internet and the real-time nature of the web, investors need real time data, and now they don't have to pay for it," said Adena Friedman, Executive Vice President at NASDAQ.
Until today, the information was delayed at least 15 minutes and you had to subscribe to financial sites like Bloomberg to get real-time data. "It's important to have up-to-date market data. It's equally important that that data stay up to date. Consequently, we're enabling the streaming of quotes across Google Finance. Prices will update automatically, once per second, to reflect current market conditions," mentions Google.
The real-time data is available at Google Finance (not yet in the charts), in the financial OneBox, but also at CNBC.com, WSJ.com, MarketWatch.com and Barrons.com. Google Finance shows stock prices in the title, so you can open Google Finance in a new window and minimize it to see the latest updates in the status bar.
Meanwhile, Yahoo partnered with a third-party to show real-time data for all important US stocks, not just for NASDAQ stocks, in Yahoo Finance. "Why did Google choose to work with NASDAQ instead of BATS, the third-party share-exchange that is providing Yahoo's (YHOO) free quotes? From what we hear, because Google, et al, don't think BATS's information is accurate enough," comments Silicon Alley Insider.
excellent, this is a really important step to making investing easier - how long before google can pull this off for the UK stock market?
ReplyDeleteFor me it still shows delayed. Don't know what I'm doing wrong.
ReplyDeleteGoogle is not the strongest site related to symbol recognition. I have trouble finding stocks on Google that others recognize.
ReplyDeletei.e. $RUT or $RUT.x or .RUT or ^RUT can't be found on Google but can be found most other places. Neither is it found in the lookup window.
This is one of the most widely used indexes.
This should make watching Steve Jobs keynote more interesting as the stock price displayed will be right in time with his announcements.
ReplyDelete=)
I wonder if it will be possible to get a feed of the commodity and stock pricing. I know you could potentially scrape the data, but getting an XML feed would be fantastic.
ReplyDeletehow about level 2 quotes??
ReplyDeleteIt only works for a few countries.
ReplyDeleteThis Google service yet not available in India.
ReplyDeleteYahoo Finance also started showing real-time data a few days ago.
ReplyDeleteHa! Google playing catch-up to Yahoo! again. They're simply doing this because they were caught napping as Yahoo! Finance introduced real-time quotes recently.
ReplyDeleteGoogle gets the data directly from the source (NASDAQ), while Yahoo obtains it from a third-party (BATS). The difference is that Yahoo has real-time data for all stocks, not just for NASDAQ.
ReplyDelete"Why did Google choose to work with NASDAQ instead of BATS, the third-party share-exchange that is providing Yahoo's (YHOO) free quotes? From what we hear, because Google, et al, don't think BATS's information is accurate enough." (Silicon Alley Insider)
I guess they want to give Bloomberg some competition.
ReplyDeleteHow do I get Candle sticks?
ReplyDeleteBATS' information is not accurate enough?
ReplyDeleteI guess that's the same reason why most big banks on Wall Street are using BATS' feeds to feed their feed handlers. Google is full of BS and are now trying to save their face because Yahoo beat them to the table. GOOGLE SUCKS!