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by ThePlugJumbo 1803 days ago
Our database is updated around every 10 minutes for intraday data, once a day for everything else (yearly prices, news, fundamentals)
1 comments

Since there are quality differences between data providers, it would be good to know where you source the data from. Is it from Yahoo Finance (just for example)? Or is it really directly from Nasdaq (which I presume would be pretty costly, and thus raises the question on how long you'll be able to run this service for free before shutting down or having to raise prices).

This is important since if someone decides to fully build on top of your API, they don't want the service to be gone in a few months and waste all the time integrating with yours.

That is precisely my question too. Who or what provides the source-data?

Ideally market-data should be freely available to everyone. I understand it is an expense to provide such data. But it could be mandated by law that anybody operating a stock exchange should provide that data for free, to guarantee efficient markets.