3 ms·
How do firms like Fidelity , AmeriTrade get their information in real time ?
by rammy1234 9y ago
How do firms like Fidelity , AmeriTrade get their information in real time ?
- greenyoda 9y agoAll the large brokerages are probably members of the stock exchanges. E.g., the NYSE says: "NYSE Equities Membership provides broker-dealers the high-tech solutions needed to make rapid, automated, and anonymous executions. Industry-leading member services experts discover and improve prices, dampen volatility, and add liquidity. Membership brings access to opening and closing auctions for primaries, brand visibility and direct connectivity." https://www.nyse.com/markets/nyse/membership https://www.nyse.com/markets/nyse/membership
- zhte415 9y agoThey pay for it. And that's a can of worms. What are they paying for by the time they receive it. What is the physical point of receiving data? Which exchange is the data received from? Central data clearing house of data? Real time is a concept that doesn't exist in live data. How real-time is a concept.