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 , and crossplatform compatibility that it offers.”
WebSockets APIs provide access to market data on stocks, indices, options, foreign Exchange 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.
