Friday, May 30, 2008

Free Real-time Quotes at Yahoo!

I just read a great news. Yahoo! has partnered with another company to provide real-time quotes for stock for free. This is a great news for the average investor who had to only access to 20 minutes delayed quotes, or charged for the "privilege".

I expect that an avalanche of companies who used to charge for such service would drop the charges.

I never really understand the rationale of stock exchanges to charge for such data (they never say it is to make money, but everyone knows the real reason).

By the way I do not know if Yahoo!'s initiative covers data on commodities. As for forex real-time data, that one has been for free since a long time, and it is a good thing.

Now you have no reason not to pay attention to your stocks in real-time.

Cheers,

SP

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