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Why do people insist on referring to web apps with generic stock data as an alternative to the terminal? Even ignoring the fact that this is focused only on equ
by frakkingcylons 5y ago
Why do people insist on referring to web apps with generic stock data as an alternative to the terminal? Even ignoring the fact that this is focused only on equities, the terminal is built around power users. it needs to be like vim. Super fast and you can access everything without leaving the keyboard.
- nly 5y agoTo be fair, if access to reliable, realtime (not delayed) market data was free or cheaply available, then I have no doubt that the open-source community would produce something better than the BB Terminal. It's phenomenal how much energy and engineering time is wasted at hundreds of financial firms developing feed handlers for all the different exchanges that they wish to access, let alone the monetary and logistical cost of getting access. I mean for many exchanges you're talking 5 figures per month for for a a 1 Mbps multicast UDP stream with a primitive protocol, poor specs / documentation and no SDK for developing anything. If anyone could go to the NYSE we site and sign-up for access at a reasonable cost, and get access like any other modern web API, there would be a lot more innovation.