Barchart's APIs Now Streams Market Data to Browsers and Mobile

Market data provider Barchart, announced today the launch of a set of WebSockets APIs, embodying JavaScript, Java and soon Swift libraries. The APIs are designed to allow users to transfer market information in real time directly to browsers and mobile applications.

For this purpose, a web-based application running on the basis of Socket.IO will be adopted. According to the official announcement, one of the largest advantages of the solution is the absence of additional external plugins to transfer data directly to web browsers (including on Chrome, Internet Explorer and Firefox) and mobile devices (iOS and Android).

The new solution should supplement the existing offering of Barchart, which focuses on converting financial data and information into technology solutions for customers in the commodities, media and financial sectors. The firm’s current product line includes trading software, mobile apps and a number of industry tools.

The above mentioned APIs are available both as server-side and client-side components. The first ones suit institutional clients and the second group is set up to serve software providers to develop applications.

The President of Barchart, Eero Piukat, elaborated on the matter: “Socket.IO and WebSockets have become the leading technology for delivering streaming data over HTTP into web and mobile apps. Barchart has used this technology internally for over a year, and we believe that it has fully matured and is production grade. The open source community surrounding JavaScript, Node.js, and Socket.IO is substantial, and we are satisfied with the performance, Scalability Scalability Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Scalability is a term that describes the constraints of a network via hash rates to meet increased demand. In the context of Bitcoin, scalability reflects the issue in which a limited rate can process transactions adequately.Blocks within the Bitcoin blockchain are limited in both size and frequency. The overall transaction processing capacity of the network is dictated by the average block creation time of 10 minutes as well as a block size limit of 1 megabyte. Consequently, this leads to pain Read this Term, and crossplatform compatibility that it offers.”

WebSockets APIs provide access to market data on stocks, indices, options, foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term markets and futures contracts. At present the solution is connected to the world’s biggest stock exchanges such as NYSE, NASDAQ, CME, CBOT or LME.

Finance Magnates recently reported that Barchart signed a partnership agreement with DataStreamX, a data and information marketplace based in Singapore. As a result, the U.S. company became the first to offer customers price based information on indices, futures and stocks through DataStreamX.