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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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From: TFF4/8/2005 6:57:13 PM
   of 12617
 
Google adds real-time stock quotes
Published: April 4, 2005, 1:05 PM PDT
By Paul Festa
Staff Writer, CNET News.com

Google has added real-time stock prices to its lineup of free offerings, along with a ride service for locating taxis and shuttles.

Adding to its existing 20-minute-delayed stock quotes, Google last week started making real-time stock quotes available both through its Web site and through SMS (Short Message Service) sent to 46645 ("GOOGL").

"As a Google user, it always bugged me to have to go to other Web sites to get stock quotes," Katie Stanton, a Google business product manager, wrote in the company's corporate blog. "Now we get a direct feed of market data, so all you have to do is type in a ticker symbol like INDU or SUNW and the search results will include the latest exchange and real-time ECN quote, intraday chart, volume and market cap."

ECNs, or Electronic Communication Networks, are private financial trading systems that together process about a quarter of the Nasdaq's volume, according to Yahoo. ECN quotes may differ slightly from official stock market quotes. Yahoo offers free ECN quotes but charges $9.95 per month for streamed actual quotes through its MarketTracker service.

Stanton wrote that because Google doesn't offer more than the real-time ECN quotes and other basic stock information, the site will continue to link to other financial sites, including Yahoo Finance and Motley Fool.
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