Are you watching the market and thinking about starting to invest? In this article, we leave you three APIs that will help you do it!
Buyers and sellers can negotiate pricing and conduct deals on the stock market. The stock market is made up of a network of exchanges, including the New York Stock Exchange and the Nasdaq. An initial public offering, or IPO, is when a company sells shares of its stock on a stock market.
This is when market data appears. Traders use market data to determine the value of various assets and to guide their strategy to entering and leaving deals. Market data is used to gather as much information as possible about the asset you want to trade in order to quantify market risk and the impact of live news releases.
Third-party financial data suppliers, investment banks, hedge funds, and private investors and traders all use stock market data systems to get market data from a stock exchange. Last, high, and low trading prices, volume, and order book details are all included in the data.
In order to manage without problems with the charts and statistics of products and currencies when investing, you can use websites that are dedicated to the monetary exchange and that do the hard work for you, bringing the updated data from banking systems, being accurate with numbers and managing your finances. Here are some of them:
Commodities-API
Commodities-API It’s a free public API that shows you the price of commodities including coffee, rice, sugar, and wheat. To obtain the data, simply log in to the website, obtain an API key, and then select the appropriate currency and commodity. That’s all there is to it, and you may use the API anyway you choose. The Commodities-API can provide data in whatever currency you choose, with a 2 decimal point precision, from a list of over 170 possibilities. Each month, you may obtain 60-second data updates and conduct 100.000 API requests.
Currency and commodity prices may be converted using the same API endpoints, and any amount can be converted from one currency to another, as well as from one commodity to another, and from one currency to another. For all commodities and exchange currencies, the API delivers midpoint data. The midpoint rates are calculated using the average median bid and ask rates over a period of time.
Barchart
One of the earliest websites to give commodity and futures market data was Barchart. Is an international financial technology company that provides market data and services to the financial, media, and commodities industries. Barchart’s unique data, software, and technology solutions power the operations of its diversified customer base from front to back office, while its media brands deliver web content, news, and publications to aid financial and commodities professionals in their decision-making.
CommoPrices
This commodities prices API gives you access to over 10,000 commodities and indices’ prices and values. Depending on the source, the data may be updated daily, weekly, or monthly. A market’s liquidity is proportional to the amount of data it contains. You may find out more by visiting to www.api.commoprices.com and looking up the commodity you’re interested in.