Only recently I discovered that Google has been trying for some time provide its users with free real time stock market quotes. While real time data is easily obtainable by anyone willing to pay, there has not been any cost free alternative. Most of the free real time quotes available to date were either delayed (available from number of providers such as Yahoo Finance, stock exchanges directly or most of the brokerage houses) or limited to one query and stock at one time.

However if Google has its say, this may change in very near future, as per their report from 11 January 2007 published on their official blog:

Today, the NYSE has moved the issue a great step forward with a proposal to the SEC which if approved, would allow you to see real-time, last-sale prices across all Google properties including Google Finance, Personalized Google, Mobile, and of course, Google.com. It won’t matter if you’re on Wall Street or Main Street — you’ll have free, easy and fast access to real-time prices from NYSE on Google.

Definitely a very good news for those of you who employ short term investing strategies in your investing repertoire. In the near future you should be able to ditch your paid real time data provider and decrease your trading overheads.

This entry was posted on Monday, January 22nd, 2007 at 3:24 pm and is filed under Miscalleanous. You can follow any responses to this entry through the RSS feed. You can leave a response, or trackback from your own site.