The New York Stock Exchange announced today that, like rival exchange NASDAQ, it’s making real-time stock quotes available to web and media companies. Previously, anyone who wanted NYSE quotes that weren’t delayed by at least a few minutes had to get them through brokerages or subscription services; starting today, users can just go to Google Finance or CNBC.com. They can also get real-time quotes on their mobile phones via CNBC Mobile or Google’s mobile alerts.
Casual investors may not notice a difference, since the quotes themselves will look exactly the same, as will the portfolio widget that you can place on your iGoogle homepage — but you can feel better about the reliability of that information, since it won’t be 15 or 20 minutes behind.
At a time when so much else on the web is practically instantaneous, it seems a bit silly that people had to pay for a special service to track something as important and potentially volatile as their investments in real-time. With both NASDAQ and the NYSE (the two largest stock exchanges in the United States) on-board with this new model, those are days pretty much over.
It may look look like the NYSE is just being a copycat, since NASDAQ announced similar deals earlier this month. The press release, however, says the idea was first proposed at the beginning of 2007, and wasn’t approved by the Securities and Exchange Commission — for a four-month pilot period — until last week.
CNET reports that Yahoo Finance offers real-time quotes too, but through a deal with a subscription service called BATS Trading, rather than the stock exchanges themselves. So if you want to watch the current jump in Yahoo stock, you can track it on either Google or Yahoo.
Top Stories
- Nanosolar outshines the competition with a $300M ...
- Spotted: FriendFeed Beta -- coming soon
- iPhone app developers report to OpenClip.org immediately. ...
- Fanboys unite: Google and Apple trounce rivals ...
- A first look at the Google Android ...
Featured Guest Columnists
- David Gal
Is Facebook’s Platform a strategic mistake? - Richard Wong
View from Barcelona: The end of the operator-dominated era? - Bernard Moon
U.S. tech trends for 2008
Job Board
- Interactive Production Designer
at EyeWonder, Inc (233 Peachtree Street Atlanta, GA 30303) - Alliance Marketing Consultant BP
at Sun Microsystems (MENLO PARK, CA) - Alliance Marketing
at Sun Microsystems (MENLO PARK, CA) - More Jobs » | Post a Job »
Links
Venturebeat Writers
- Matt Marshall, Editor-in-Chief
- Dean Takahashi, Lead Writer, DigitalMedia
- Eric Eldon, Editor, DigitalMedia
- David Hamilton, Editor, LifeScience
- MG Siegler, Writer, DigitalMedia
- Anthony Ha, Writer, VentureBeat
- Chris Morrison, Writer, CleanTech
- For advertising, contact .
- Log in
9:25 am
Stock-Exchange » Qatar deal a setback for London Stock Exchange said:
[...] New York Stock Exchange releases real-time quotes for the massesThe New York Stock Exchange announced today that, like rival exchange NASDAQ, it’s making real-time stock quotes available to web and media companies. Previously, anyone who wanted NYSE quotes that weren’t delayed by at least a few … [...]