With dozens of stock exchanges operating across different time zones, as well as countless indices and individual companies changing in value each day, it can feel near impossible to review enough market data and build an informed investment strategy. 

Save hours on research and build more comprehensive insights across various industries and exchanges with the Nexis^® Data as a Service (DaaS) market news API. 

Nexis^® DaaS can easily integrate within your current systems and platforms, offering complete access to the industry’s largest collection of global resources and databases. Keeping up-to-date on the stocks within your portfolio, as well as having a system to identify new opportunities and risks, is essential to building a rewarding, long-term investment strategy. Whether you are a seasoned investor or developer aggregating information for your consumers, you can utilise sophisticated tools to collect and collate relevant information into a single, structured dashboard for faster analysis. 

What is a Market News API? 

The Nexis^® DaaS market news API (application programming interface) is software comprising several instructions and protocols to connect your website, application, or internal systems with thousands of external, third-party data sources. Once connected, users can access thousands of online resources and databases, including financial statements and reports, market announcements, blog articles, social media commentary, historical data, and much more. 

This stock market API is incredibly user-friendly, thanks to AI-based tools like machine learning and natural language processing (NLP). Users simply enter a search query, prompting the API to scrape through the online sources and return the most relevant data. Moreover, these tools will help by further analysing the results and attaching enriched metadata, such as sentiment and predictive analysis.

Once retrieved, users can access all of this data with a centralised dashboard for a better review. The Nexis® DaaS market news API will mitigate latency issues by pulling content in real-time and providing appropriate information from historical data sources.

And, unlike other popular stock market APIs, like Yahoo Finance, Google Finance, and Alpha Vantage, Nexis® DaaS plugs directly into your systems for more tailored results and convenient use.  

Market News API Uses

Working with the Nexis^® DaaS market news API can aid everyone from established investment firms, to industry commentators, to first-time investors.  

Build a Dashboard for Portfolio Management & Watchlists

Individually monitoring each stock is impractical. Instead, you can utilise the Nexis^® DaaS market news API to build centralised dashboards that not only show the performance & news related to companies within your portfolio, but also curate watchlists filled with potential opportunities. As the API integrates with various financial and market data sources, these datasets are updated in real-time to help you stay on top of the latest market trends.

Create a Trading Algorithm

If you are looking to develop a trading algorithm or automated trading system, using a stock market news API can also be helpful. By combining price data with current industry news, performance metrics, and other insights, you can create sophisticated algorithms that help you capitalise on market opportunities while minimising risk.

Perform Research on Historical Data

The secrets to a high-performing investment strategy are often hidden within the insights of past performance. As you begin using your market news API, you may also want to research historical data to gain insights into market trends and fluctuations over time. Doing so can help inform your investment decisions and provide valuable context for your trading activities.

Data Aggregation

Finally, data aggregation is an important part of using a stock market news API effectively. With this tool, you can pull in information from multiple sources and consolidate it into a single, streamlined view, helping you to stay on top of the latest market developments and make more informed investment decisions.  

LexisNexis^® Solution to Market News API

Nexis Data as a Service (DaaS) provides easy-to-use data APIs ready for seamless connection to your existing applications. With over 80,000 online sources, an archive built across four decades, and 4.5 million new documents added daily, we are proud to deliver the largest content collection available in the industry. 

For more information, please contact us at LexisNexis today.