Would you like to find the latest stock prices? Surely if you are reading this post it is because you do not get the updated market prices. If the platform does not offer updated prices, you could lose money. But don’t worry, this Stock Rates API will help you!
Stocks are one of the most widely used instruments in the financial markets. They represent a portion of the company’s capital stock and convert whoever acquires them into a shareholder or partner of the same. Through the purchase of shares, the investor becomes the owner of companies that are in a public offering and has the authorization to be listed in a market. Thus, the investor participates in the growth and profits that the company may have. But also, he may suffer losses for the company.
The shareholder has the right to attend the meetings and to participate in the decisions that are made there in proportion to the number of shares owned; Generally, each share is equal to one vote. However, this depends on the company. Usually, a certain number of shares are needed to have a voting decision. While stocks are a risky investment—because the company may or may not be successful in its business—the eventual loss never exceeds the amount originally invested when purchased. If we invest $1,000, the worst thing that could happen is that we lose that $1,000. In the long term, shares allow their investors to receive profits in line with the evolution of the economy.
Analyzing the stock market is a very complicated and difficult task. For this reason, the use of APIs to facilitate conclusions is common. And one of the most used APIs is Stocks API. This API provides the latest stock prices, updated every 1 minute so that the investor feels more secure when buying.
Use Stocks API to check for the latest stock rates
This system is considered to be one of the best for intraday trading. Nowadays, intraday investments or better known as scalping for other people, are one of the techniques most used by investors. And Stocks API is the best alternative for that type of investment. This strategy consists of buying shares and selling them before the end of the day. The idea is to make a small percentage profit and sell. Stocks API. If you wanted to get Sony stock prices, you just have to put the time interval (it can be 1 minute, 2 minutes, 5 minutes, 10 minutes, 15 minutes, 30 minutes or 60 minutes). In this way, you will be able to receive the opening price of that time series, the closing price, and the maximum and minimum, all these, using the Stocks API. Without a doubt, it is the best tool to obtain updated prices.
But the intraday is not the only endpoint available. Also available are daily timeseries, weekly timeseries, monthly timeseries, etc. It even offers you the possibility of obtaining historical prices to achieve a more precise analysis of the market situation. Many tend to use the latter, to create charts, compare prices with other actions, evaluate the historical evolution of prices, etc.
To use this system, you only have to enter the Zyla API Hub, search for Stocks API, register and pay for one of the available plans. Doing that, you will receive the API key and you will be able to use the system. Remember that you will have a limited number of requests.