Stock data refers to the valuable trade-related data created from every transaction on the Stock Market Exchanges, and includes information such as price, bid/ask quotes, and market volume. This collection of price and trade data helps fintech platforms and investors stay on top of the ever-changing market.
Stock market data is used by a variety of enterprises - from consulting firms to retail trading platforms to robo-advisory services. This financial information can help companies identify and control issues faster, improves the customer service experience, and can even increase the accuracy of your platform’s financial forecasts. Below are six different types of fintech businesses that use stock market information for internal and external purposes.
Stock market information offers many valuable advantages for fintech companies. Below are five useful reasons why you should start implementing stock data analytics into your business operation.
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This type of data is essential for driving trading decisions and powering trade execution platforms.
Intrinio’s EOD data is perfect for backtesting, charting, and historical analysis.
The delayed feed is ideal for businesses that don’t necessarily require real-time data.
Intrinio’s filtered US options feed provides NBBO quotes and trades from OPRA.