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article imageGoogle Finance gets real-time Nasdaq stock quotes

By Chris V. Thangham     Jun 2, 2008 in Business
Google, CNBC and Wall Street Journal used to post NASDAQ stock prices with a 15-minute delay from the real-time quotes. Now they will show NASDAQ quotes exactly when they are released.
When you visit finance sites like Google Finance, CNBC, WSJ, Yahoo Finance and others, the stock prices you see are not the real-time NASDAQ quotes, they are delayed by at least 15 minutes. Starting today, all the sites will be able to show real-time stock quotes.
Adena Friedman, executive vice president of the NASDAQ OMX group said in a press statement: "With universal access to the Internet and the real-time nature of the Web, investors need real-time data, and now they don't have to pay for it."
I saw the new feature at Google Finance. They now show real-time data in their main page. Prices updates automatically, and you can see the change in prices and the percentages almost once per second, according to Google Finance’s product manager Katie Jacobs Stanton.
Google, however, doesn’t show real-time data for New York Stock Exchange (NYSE) but may offer the service in the future.
Real-time market data were available only to brokerage firms and the customers had to pay fees to access those quotes. Now Google is making it free for everyone.
Marissa Mayer, Google’s Vice President of Search Products and User Experience said in a press release:
Providing real-time market data on Google Finance is an important step forward in delivering useful information to our users that will help them make more informed and timely financial decisions.
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