September 13, 2014
Single purpose API
Related Articles (670)
A partnership between a stock data site and open data platform Factual points to a potential direction of data sharing. Rather than build an API of its own, a company may choose to distribute its data through another platform, which in turn has the API for developers and other partners to access. That's the choice StockPup made and if monetization options were in place, others might do the same.
StockTwits, a financial communications platform for the financial and investing community, has announced major enhancements to its API offering. The original release of the StockTwits API allowed third party apps to access the StockTwits social graph, integrate watch lists, share messages, and access charts directly from a third party application. With the new release, messages now include charts, videos, and user stats/sentiment. Additionally, community contributed data now links back to the site/app from where the contribution originated.
In a study released by the US-based Carlisle & Gallagher Consulting Group, Finextra reports that the big venerable players are falling behind.