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Re: licensing issues with V6.0 Financial Data
- To: mathgroup at smc.vnet.net
- Subject: [mg77652] Re: licensing issues with V6.0 Financial Data
- From: "Hans Michel" <hmichel at cox.net>
- Date: Thu, 14 Jun 2007 05:33:34 -0400 (EDT)
- References: <f4gmsl$ho8$1@smc.vnet.net>
The New Curated Data functions are interesting. But I doubt that the data is
solely coming from Yahoo, if at all. I could see with the use of Mathematica
and a small staff data mining the internet for all this data.
For example; the FinancialData name-related properties is not unique but
admirable to say the least.
The "CIK","Company","CUSIP","Exchange","ISIN","Name","StandardName","Symbol"
Otherwise normalizing a company is very important because the data or the
free data is spread through out the internet and is constanly changing. This
helps understand what company is the subject. However, Wolfram's choice of
using the exchange codes is lacking, because from one day to the next this
could change; however, this is what everyone in business world speaks. For
US companies there is a relationship between the ISIN and the CUSIP.
However, CUSIP is propriatery, and they have strict rules about
dissemination of their data. The CIK is and EDGAR (SEC) assigned number, but
for all purposes it is freely availble data. Just this combination of
properties is hard to maintain.
The company related information "Sector","SICCode","Website" can be found
at NASDAQ but NASDAQ states that this information is what was filed with the
SEC.
This blog link hints at the development of this and other kinds of data
http://blog.wolfram.com/2007/05/computable_data_functions.html.
I find all the curated data a good effort. I hope that there will be more of
it.
I think Wolfram can add data such as: tidal (Oceanographic data); Weather
(Atmospheric) [hey, when there's nothing we can compute in common we can
compute the weather]; browsing the functions.wolfram.com site within the
help guide (why escape to a web browser).
Hans
<dbsearch04 at yahoo.com> wrote in message news:f4gmsl$ho8$1 at smc.vnet.net...
> While reading about the V6 FinancialData[] capability, I found the
> following sentence:
>
> -------------------------------------------------------------------
> FinancialData provides gateways to external financial data sources.
> Its use is subject to any restrictions associated with those sources,
> and may require additional licensing.
> -------------------------------------------------------------------
>
> Questions that come to my mind are:
>
> - What are the sources of this data? such as Thomson Financial?
> - What are posiible additional license restrictions?
> - Are there any other license issues with V6.0 "curated data"?
>
> If anyone has any information about this, I would appreciate it.
>
> TIA.
>
> Regards..
>
>
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