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Congrats on the launch. OpenInsider is legendary but definitely shows its age. Two questions: How does your parsing latency compare to the raw SEC feed? What is
by malgerz 8mo ago
Congrats on the launch. OpenInsider is legendary but definitely shows its age.
Two questions:
How does your parsing latency compare to the raw SEC feed?
What is the business model? Will this granularity remain free, or is this the lead magnet for a paid pro tier?
- brokerjames 8mo agoThanks! OpenInsider is absolutely the OG in this space. To answer your questions: Latency: We poll the SEC RSS feed continuously. The parsing logic (classifying the transaction types) takes a few seconds. So, while not 'HFT real-time' (microseconds), it is 'human real-time' (usually appearing on our site within seconds of the SEC publishing). Sufficient for manual analysis, but maybe not for algos front-running the market. Business Model: We plan to keep the web interface (including the granularity and filters) free for public research. We believe this level of data transparency should be the standard. Our plan for a future 'Pro' tier focuses on automation and convenience, such as: Real-time Email alerts for specific tickers/insiders. API access for developers. Bulk CSV exports for backtesting. The goal is to make the best research tool free, and charge for the infrastructure tools."