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#1
June 14th, 2005, 11:04 AM
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Legality question
I want to get real time stock quotes from yahoo finance which provides them for free and basically display those quotes for my users. Is this legal?
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#2
June 14th, 2005, 03:30 PM
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No. Your answer can be found at the very bottom of http://finance.yahoo.com
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#3
June 14th, 2005, 06:04 PM
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I agree with Adra... You have to have special liscences (?!) to display truly live data instead of 15-minute-delayed data.
Either way, if they have said that you cannot use it, you cannot use it  Porky
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#4
June 14th, 2005, 08:25 PM
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No. Yahoo make revenue on advertising which is what users of their services are subjected to, unless they purchase the subscription to block out ads. Either way !Yahoo makes money.
If your users are serious about investing they'll want up to the minute info, and they'll willingly pay for it - this isn't the information you get for free.
__________________
--Ax without exception, there is no rule ... The great thing about Object Oriented code is that it can make small, simple problems look like large, complex ones  09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0 Some people, when confronted with a problem, think "I know, I'll use regular expressions." Now they have two problems. -- Jamie Zawinski Detavil - the devil is in the detail, allegedly, and I use the term advisedly, allegedly ... oh, no, wait I did ...
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#5
July 12th, 2005, 12:02 PM
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How do others do it?
Quote:
How do others get away with it? I have been searching around to find ways to affordably provide quotes to my customers with no luck (it is pretty pricey). I have seen soo many tools out there advertising to use their scripts which retreives the quotes from yahoo finance. Are they just being illegal? There are an aweful lot of them out there. How does yahoo finance ever know if your getting the quotes from them?
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#6
July 12th, 2005, 12:08 PM
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All !Yahoo's free quotes are time delayed (10-20 mins I think), coz !Yahoo have to pay for them as well, so the delay is an arranagement between themselves and their feed suppliers.
In a nutshell, yes these guys are either acting illegally, or they've purchased a license to feed this data to their customers. There are modules on CPAN to access these quotes, but it's expected to be used for personal use, not broadcast --Ax
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#7
July 12th, 2005, 12:14 PM
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Yahoo quotes
There are in fact free real time quotes from yahoo, but I have to agree that the other users either have something set up to use them or are acting illegal. Everywhere I look that looks legit they charge an arm and a leg.
Suppose I have a web application which uses these free realtime quotes. I am not redistributing the quotes to my users, but will be using them for computations within the website. Do you thing this is still violating the rules?
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#8
July 12th, 2005, 12:36 PM
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I'd have thought that publishing results derived from realtime stockquotes, without an agreement from the providers of the feed (in this case !Yahoo), would still consitute a breach of their terms at the end of the page.
Yes, is the short answer IMO --Ax
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#9
July 12th, 2005, 03:10 PM
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Yes, this is still illegal and constitutes theft of services. If you are using a service that Yahoo provides (any service) without permission to bypass their advertisers, etc., you are basically stealing that information. Even if you repackage it or do calculations to it.
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