March 12, 2016
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The Amazon Web Services team has announced a new "Requester Pays" pricing model for their Simple Storage Service (S3). Amazon's S3 service, which provides scalable access to Amazon's online data storage infrastructure, enables customers to rapidly scale their platform using a cost effective pay-as-you-go model. Now, the new S3 Requester Pays Model gives S3 customers the built-in ability to charge their users for specific data transfers. Furthermore, Amazon takes care of the billing for the requested data, eliminating excess accounting overhead for the data providers. From their announcement:
TradeKing’s SVP of Product—Kevin Delo—recently commented: “TradeKing has always been about providing tools that help clients trade in the ways that best suit their personal style.” With a series of recent enhancements to TradeKing’s open API, TradeKing furthers its mission to enable clients.
You might not expect a company nearly 160 years old to innovate its industry. Perhaps that's why Thomson Reuters is looking to developers to create the next big thing for financial professionals. To get there, the company is sharing mountains of data via its new Knowledge Direct API and offering $25,000 in prizes for its app contest.