Tuesday, June 24, 2008

NYSE sells real-time data to Google & CNBC

The New York Stock Exchange on Tuesday launched a new service that provides real-time stock price data to media companies and Web sites.

The NYSE, a unit of NYSE Euronext Inc., said Internet portal Google Inc. and cable television network CNBC are the service's first customers. The Securities and Exchange Commission last week approved NYSE Realtime Stock Prices for a four-month pilot period.

Both Google and CNBC, a unit of General Electric Co., will provide fresh stock quotes to their audiences free of charge. Previously, stock prices provided on their Web sites were on a 15-minute delay.

Earlier this month, rival Nasdaq OMX Group Inc. signed a deal to provide its market data to Google, CNBC, The Wall Street Journal Digital Network and financial data provider Xignite.

In May, Yahoo Inc. began offering real-time quotes on its financial site for NYSE- and Nasdaq-listed companies. Yahoo receives quotes from BATS Trading Inc., not from an exchange operator.

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http://www.cnbc.com/id/25352473/for/cnbc

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