The E*TRADE PHP SDK is available to download from the developer platform site. Beginners and advanced developers could build their own trading application to analyze market data in real time. Resources include documentation, code examples, and developer support.
Over the past few months at PW we've noticed steady increase in the number of mentions of Data as a Service (DaaS) and this trend looks to continue. Our first post on the subject was by a guest author Pete Soderling who introduced us to the concept and discussed pricing models. Then we continued the theme by posting about a partnership between a stock data site and an open data platform, working together to deliver a stock historical data API. The latest big move in this area sees NASDAQ creating a Data-On-Demand service accessible through a Web API.
In a pragmatic new article for Wall Street and Technology entitled Mashups Slowly Gain Traction on Wall Street, Melanie Rodier provides an overview of how a growing number of financial firms have started turning to mashups to save money and improve operations. The article highlights a new report by the Aite Group that projects that financial firms will spend $35 million on mashup technology in 2009 and includes several insights from Adam Honore, author of the report.
Barchart announced a new API to bolster its OnDemand financial data platform. The event-based API monitors financial news and markets for key events and notifies users of such events in real-time to empower brokers and investors to make better decisions. Users can incorporate its own data as well.