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Thatedeguy@Zecco

Free Real-Time quotes coming?

It seems that Google has been working on the dreaded "quotes delayed up to 20 minutes" message that everyone gets with their stock quotes. Unless you pay for realtime quotes that is.

In cooperation with the NYSE, SEC, and Netcoalition, they've worked on a proposition put forth by the NYSE to the SEC that would allow for the distribution of last price streaming quotes. If accepted, the filing would allow for the dissemination of real-time quotes to vendors at a flat rate of $100,000 a year. Sounds like a lot, but from what I gathered, it's a bargain compared to real-time quotes now.

What that all means is that sites like Google Finance will be able to provide real-time quotes for free.

source: Official Google Blog

Cross-posted from A Penny Saved
Published Friday, January 12, 2007 3:54 PM by thatedeguy
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About thatedeguy

I'm a late 20's dabbler in all things online. I run several blogs and am a budding online entrepreneur. Basically, that means I spend an amazing amount of my time online and make little money doing it.

The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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Thatedeguy@Zecco
Thatedeguy@Zecco is the Zecco based extension of Thatedeguy(http://www.thatedeguy.com) where I'll be discussing stocks, stock picking, and some of my favorite stocks. Don't expect expert analysis, just some common sense(maybe).

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