mahkoh
1,065 posts
msg #136048
- Ignore mahkoh
modified |
5/24/2017 3:09:28 PM
For those who use pairtradefinder software, obviously they are affected as well by the yahoo data issue although prices are still coming through. I asked them what their plans are and this was their reply:
"Since May 17th, 2017, Yahoo! Finance's Free Datafeed has experienced issues. Recent statements by a Yahoo employee suggest that the service will be curtailed as a result the Verizon/Yahoo merger, expected to close shortly. This unfortunate occurrence has left many third-party software providers without a feed. This event is fully out of our control.
In the meantime, delayed intraday data seems to be still flowing through the Yahoo API, however the historic data has stopped. We are currently studying possible solutions to maintain a free datasource that can meet the rigours of pair trading analysis, including workarounds to the new Yahoo configuration. We do not have a timeline or certainty of a replacement at this point in time.
Fortunately, Pairtrade Finder has datafeed redundancy through a built-in integration with IQ Feed for high-quality real-time and historic data.
We are recommending to all our customers to sign up for an IQFeed feed in the interim for equities, forex, futures, options, etc. You can take advantage of our special offer for Pairtrade Finder customers with IQFeed by following our offer link here: http://www.pairtradefinder.com/iqoffer/index.html. Our link allows the $50 setup fee to be waived. IQ Feed also offers a free 7-day trial.
However, we are aware that IQ Feed only covers US, Canadian and London markets for equities. Many of you like to trade other equities markets as well e.g. ASX, India.
Fortunately, we will be launching our much anticipated new product Pairtrade Finder PRO next month. PRO is currently in beta testing. This product allows integration with the real-time and historic datafeeds from Interactive Brokers ("IB") at NO ADDITIONAL COST above IB's datafeed charges, which are some of the lowest in the industry. Additionally, FOREX data on IB is free. They also provide data for over 50 markets worldwide, including India, China, ASX and many others, and are bar-none the lowest cost retail broker in the industry.
Further, Pairtrade Finder PRO has been coded to allow greybox trading - i.e. semi-automatic sending of trade signals - directly to IB for confirmation/trading, which can dramatically improve execution/slippage for pair traders.
Keep an eye out for our upcoming SPECIAL OFFER for existing customers only on a Pairtrade Finder PRO/Interactive Brokers account package. This solution will allow pair traders to have the lowest cost real-time data, semi-automatic trade execution to a world-class venue and what we believe is the foremost retail pair trading application on the market today.
In the meantime we will keep you posted on any changes to the Yahoo Finance datafeed status.
Best regards,
Pairtrade Finder"
The IB solution sounds interesting.
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