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by malexbone
4666 days ago
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How timely is the data? As in: When new data/reports are available, when will they be accessible via the API? I was unable to determine if using the API could provide a first mover advantage for trading applications that take BLS data into consideration. |
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http://www.bls.gov/bls/newsrels.htm
I vaguely remember an article that said that some folks get the BLS data a few milliseconds faster than everyone else and avail themselves of this first mover advantage -- don't quote me on that, though. Regardless, I somehow doubt this API will be useful for first mover advantage unless perhaps you are already doing this type of technical trading in the finance industry.