Quote:
Originally Posted by sensibreed
your going to be hard pressed to find a free app that streams real time stocks
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I think you won't find one as you have to pay the exchanges for their data feed or subcontract it through an authorized data vendor.
Now, I don't know how the NYSE does their licensing (we don't distribute their real time data) but it will either be a flat license fee, a per user fee for real time/delayed quotes or a combination of the 2. There may also be a differentiation between snapshot data and streamed data as far as exchange fees go (NYMEX for example allows free distribution of delayed data in snapshot form for licensed distributors but you have to pay per user if you stream it to the user).
I just don't see any vendor distributing data they pay for without getting their money back. They would either have to charge for that or load it up with Ads (with questionable return value on ad money).
Brokerage houses already make their money off of you so the fee to stream you data (or just provide snap shots) likely doesn't effect their bottom line.
However a third party developer would likely have to contract a data feed and then pay exchange fees for said feed based on the distribution model - thus requiring them to charge to recoup their money.
Just my 2 cents here as we deal with exchange data from several different exchanges and the licensing fees that go along with that data.