API Watch: On-Demand Stock Quotes
Some news from the Web 2.0 Expo being held in New York today. Xignite, a provider of on-demand financial web services for applications, announced the availability of XigniteGlobalQuotes. The Web service delivers delayed stock quotes from global established and emerging markets such as the London Stock Exchange, Mumbai Stock Exchange and a whole host of others. If that's doesn't get you thinking about all the ways you can use the Xignite API then nothing will.
Data from emerging markets has traditionally been hard to come by and even
more difficult to integrate into business processes. XigniteGlobalQuotes lets
businesses integrate delayed stock data into their applications and websites in
minutes with just a few lines of code and without deploying any infrastructure.
“For the last four years, Xignite has been at the forefront in delivering web services for the financial industry. We identified a strong, unmet demand for global financial data and are meeting it with XigniteGlobalQuotes,” said Stephane Dubois, founder and CEO of Xignite. “With cloud computing gaining traction in the enterprise and within financial institutions, IT departments are recognizing that cloud-based web services offer a flexible and cost-effective alternative for sourcing market data to power mission-critical applications.”