What Are Stock APIs and Why Should You Care?

By Rutul Patel — In FinTech — June 8, 2024

For example, an investor may want to know which institutions are buying or selling shares of a particular mutual fund. The FMP Mutual Fund Dates endpoint provides a list of the dates on which mutual fund holdings are updated. This information can be used by investors to stay up-to-date on the latest changes to mutual fund portfolios. For example, an investor may want to know when a mutual fund’s holdings are updated in order to make sure that they are still aligned with their investment goals. The FMP ADX endpoint provides the Average Directional Index (ADX) for a security over a specified period of time. The FMP RSI endpoint provides the Relative Strength Index (RSI) for a security over a specified period of time.

When you are using an API, it is simply harvesting and processing data for your benefit. Investment in securities market are subject to market risks, read all the related documents carefully before investing. At Share India, we aspire to revolutionize the millennial trading experience through an advanced fintech platform. Our commitment is to deliver optimal value-for-money trading solutions, leveraging the latest in cutting edge technology.

Technical parameters

Investors can use this information to compare a company to its competitors and to identify companies that are performing well. The FMP Market Cap endpoint provides the current market capitalization of a company. Market cap is a measure of the size and relative importance of a company in the stock market. It is calculated by multiplying the current share price by the number of outstanding shares. The Commitment of Traders Report is a weekly report from the Commodity Futures Trading Commission (CFTC) that provides insights into the positions of market participants in various markets. Our Commitment of Traders Report tool makes it easy to access and analyze this valuable data, helping you to make more informed trading decisions.

api full form in stock market

For example, many existing brokerage platforms rely on a stock API to provide them with real-time information that their investors can use to make buying and selling decisions. This stream of information includes both real-time and historical prices, as well as details for indexes, individual stocks, and more. The FMP Sector Historical endpoint provides historical data on the performance of each sector of the stock market. This information can be used by investors to identify trends in sector performance and to make informed investment decisions. Choosing the best Stock Market API is a crucial decision for traders, investors, and financial professionals. It can significantly impact the accuracy and efficiency of your trading or investment activities.

Data Accuracy

The FMP Market Open endpoint provides information on whether the US market and EURONEXT, etc are open or closed. Investors can use this information to make informed investment decisions and to avoid trading during market closures. The FMP Analyst Recommendation endpoint provides analyst recommendations for buying, selling, or holding a company’s stock. Investors can use this information to get a sense of what analysts think of a company’s stock and to make informed investment decisions.

api full form in stock market

Keeping track of your stocks, comparing historical vs live prices, or running a unique trading strategy becomes simpler with trading APIs. With some technical know-how, you can set up your choice of stock trading API and begin your smart trading journey. Reputed online stock trading platforms like Dhan offer a selection of superfast & free stock market APIs for every trading need. With some technical proficiency, you can customize your API as per your unique requirements.

OpenBB Platform – A Complete Guide

Stock APIs facilitate the automation of trading, allowing for the execution of predefined trading strategies and alerts based on real-time market conditions. Provides a list of all companies that are listed on the NASDAQ stock exchange. Provides a list of all currency pairs that are traded on the forex market.

  • It’s simply a matter of selecting the most relevant APIs for your specific needs.
  • The FMP Company Logo endpoint provides an image of a company’s logo.
  • Whether you’re a seasoned trader or a developer building financial applications, Intrinio has you covered.
  • The communication between the trading API website and you happens via small packets of data consisting only of the information it is told to take.

After making an API membership purchase from an API vendor, customers will receive an API key, mostly with a 1-month validity period. Anyone can use their own app to access their Non-deliverable Forward Ndf trading account using this API key. With API, users may access their trading accounts using any software they choose without using the platform that the broker provides.

How do I download historical data using the Yahoo Finance API?

Provides statistics on insider trading activity, such as the total number of insider trades, the average value of insider trades, and the most popular insider stocks. The FMP Mutual Fund Holder endpoint provides a list of all the institutional investors that own shares of a particular mutual fund. This information can be used by investors to track the ownership of a mutual fund and to identify potential trends.

api full form in stock market

A stock API is an Application Programming Interface that provides developers with access to real-time or historical stock data. Stock APIs can return data in various formats, including JSON, XML, and CSV. Using simple commands such as GET and POST, developers can request data from a stock API and receive a response in the format of their choice.

Why use a stock API?

APIs link various software platform components together to ensure that data is sent to the proper location. These connection points serve as a channel for internal communication and other tools to find the same data. You must complete a minimum of 25 trading orders in a month via DhanHQ APIs. This is a minimum eligibility criterion to get an access token, which is a key that you will need to start trading. Useful insights on how to better work with Market Data for strategy, analysis, and trading. Some solutions built on-top do however rely on unofficial scraping to gather the data.

api full form in stock market

This documentation is meant to help you use the API better and there is often at least one example of how to do each step of the process. It also offers different types of resources for training, which could be videos on what to do, how to fix any issues you encounter, or how to use the API with certain languages and systems. This choice offers a free option for the first 7 days of use, which can let you use the system and get a hang of it before you make a commitment. Tradier is one of the best stock APIs that offers a large amount of data at a high speed. This API streams your data to you so that you will always get it quickly and easily. This choice is a stock API that was created by developers and is well-designed, is simple to integrate, and works at incredible speeds.

Yahoo Finance API – A Complete Guide

The FMP EMA endpoint provides the exponential moving average of a security’s closing price over a specified period of time. A list of upcoming dividend payments for publicly traded companies, including the date of the dividend payment, the ex-dividend date, and the dividend per share. A list of earnings announcements for publicly traded companies that have already been confirmed. Provides changes in social sentiment data for a given ticker or company name over a period of time. Get the consensus rating for a company, which is the average rating from different analysts.

Our Exchange Symbols list includes all symbols for supported exchanges. This list includes exchanges from all over the world, making it a valuable resource for investors and traders who want to trade stocks on different exchanges. Find all symbols for stocks traded on Euronext exchanges with our comprehensive list.

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