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Does anyone know where we can get affordable financial data? eg: ticker symbols, realtime quotes...

I know we could probably mine Yahoo Finance, but the data needs to be licensed for commercial use.

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What exactly do you mean by "for commercial use"? – TimJ♦ Dec 27 '10 at 3:21
on a for-profit website. – user6172 Dec 27 '10 at 3:32
That's still not enough information - are you saying you want to PUBLISH the real-time data on the website? If so, this is going to cost you an arm and a leg, there is no way you can make money doing that. – TimJ♦ Dec 27 '10 at 4:02
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Ah, that IS distributing by all licensing means. YOu make the data available to third parties. Unles this happens in VERY limited form in DURING OFFERING TRADING (like a broker / client relationship) you will find that reading the paperwork from exchages qualified showing data as distribution, in general terms. – NetTecture Dec 27 '10 at 9:09
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As a practical next step, I'd start by taking a look at the SEC data (it has around 10,000 ticker symbols) since it's free and then determine what I need beyond that dataset. – Henry the Hengineer Dec 27 '10 at 22:25
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4 Answers

up vote 1 down vote

I am not sure what you mean by "licensing" the data. Typically a vendor is "fee liable" if they pass it on to other users. If you know you only need it from one exchange you may just want to write to the exchange's API/feed.

Not sure what is suitable for you, but have a look at these:

You are going to have to do a bit more work than just ask a question on a startup website.

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"displayed on our website" IS distribution, and it cost "arm and a leg":

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Yeah. Forex = financial data. You know, forex is among the only thing that "does not exist" (as in: 2 brokers, 2 price feeds) and has no licensing cost attached. The moment you go exchange things change. – NetTecture Dec 27 '10 at 10:11
It is not only Forex on this site. – Ross Dec 27 '10 at 10:33
up vote -1 down vote

Depends what you need. Yahoo is neither licensed nor real time.

What symbols are we talking about? WHAT COMMERCIAL USE? Inhzouse or distribution? For distribution you will pay. Getting hte data is not th expensive part - getting the distribution real time rights is (BATS is IIRC 5000 USD monthly - and that is one US stock exchange network alone, CME,CBOT etc. dont seem to have any realtime redistributin rights, you need to register every recipient and pay).

Fhr number of symbols is another factor. Most networks / systems dontscale. I moved my data feeds for my interesting exchanged (pretty much GLOBEX, so I now get CME, CBOT, NYMEX and COMEX) over to Nanex 2st of December and got a good deal there (a little short to 1000 USD monthly, including my exchange feeds). Sounds expensive but these are complete feeds - not symbols, but every symbol trading on the exchanges. And they have a decent system for handling outages (I.e. automatically download missed data, maintain a library of historical tapes etc.).

It wont get a lot cheaper if you want "complete feeds" and again, redistribution / commercial use has higher costs 8like I pay around 280 USD alone in exchange fees, and these are non-professional. Get professional it jumps, get redistribution it jumps a LOT.

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Not for distributing but just for our users – user6172 Dec 27 '10 at 7:44
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I.e. for distribution, or do your users sign separate agreements with the exchanges and you collect licensing fees FOR EVERY USER (!) and forward them to the exchange? THis is like saying "hey, I am not making an illegal copy, I am just distributing backups on the internet". – NetTecture Dec 27 '10 at 9:10
he's looking for affordable data/distribution, none of the proposals above are – Henry the Hengineer Dec 27 '10 at 21:55
Well, I am looking for an affordable ferrari (as in: free). Any offers? Wishfull thinking is something for children - paying what the copyright holders ask for is the only way to get things. Bad, but you (and other) voted those governments in. Now live with the laws. What he looks for in free is irrelevant if all what he can get is more expensive. Rality meets wishes. Reality wins. – NetTecture Dec 28 '10 at 8:15
up vote -1 down vote

All the free data & tickers you could probably ask for are here: http://eoddata.com/

"Download FREE end of day stock market quotes and historical data for many of the world's top stock exchanges."

Also, although it may not be exactly what you are looking for, SEC Edgar data may be very useful since it is updated daily and free for anyone to use. At least it's a start. And a big one to boot.

http://www.sec.gov/edgar.shtml

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SO off as an answer it is not even funny. He is not talking about the far and few between edgar filings. – NetTecture Dec 27 '10 at 13:01
He asked for affordable finance data, and that's what SEC data is even though it's not as comprehensive as real time data for traders. The data is rich, and will be more so when XBRL filings are enforced more broadly in the near future. You can map subsidiary information across large entities and exemption filings for small companies in addition to that of public companies. These give plenty of shareholder details to help you generate reports. Great practical groundwork to build something more complicated/based on real time feeds -may even lead to some cost-effective business model revisions. – Henry the Hengineer Dec 27 '10 at 22:09
btw SEC data does include ticker symbols for at least the 10,000 largest publicly traded companies. Best of all, it's all free. – Henry the Hengineer Dec 27 '10 at 22:14
@NeoTycoon I wasn't able to find the ticker symbol database. Could you point me to the webpage? – user6172 Dec 28 '10 at 0:25
Jason, I've updated my original post with a much better (FREE) datasource for your needs. See the above – Henry the Hengineer Dec 28 '10 at 1:57
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