Thursday, May 29, 2008

Real-time stock quotes soon to be free over the internet?

20 years ago if you wanted a real-time stock quote you had to phone up your broker.

Then along came the internet and you could get real-time quotes for a fee from your broker's website or for free with a 15-20 minute delay on sites like Yahoo! Finance and money.cnn.com.

Now, Bats Trading, one of the larger ECN alternatives to the NYSE and Nasdaq has agreed to stream real-time quotes direct to Yahoo! Finance.

Gotta love competition in big markets like the US :)

Update: Now the Nasdaq have agreed to provide real-time quotes to Google Finance, the Wall Street Journal, CNBC and Xignite.

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