Use Web Scraping to Scrape Stock Market Data
If you want to scrape financial data of thousands of businesses around the world, there are no questions of doing that manually or having an easy DIY tool. Portfolio managers, analysts, and traders working in a business industry are spending an enormous amount of money of getting access of data, which could possibly change the market. Getting hold on business data doesn’t need to be very time consuming and expensive. With X-Byte Enterprise Crawling’s live stock market data scraping services, extracting financial data from publicly accessible resources on the web is quick, effective, and easy. Let’s go through a few use cases, which we have come across from our customers’ request to scrape financial data.
Different Financial Data Applications
Finance Data & Rating Services: Our scrapers can be utilized to monitor different websites for keeping track of all the finance news. Keeping that in mind, changes in financial corporations, which can potentially affect the market could be found in the real time.
Financial Advisories: If you want to build a business recommendation platform with the help of web scraping for fetching the required data, it would be a perfect option. For instance, you can crawl interest rates for different products on the bank websites for suggesting the applicable ones to your customers.
Risk Mitigation Service: Web scraping could be used for scraping content from different websites of monitoring bodies (court, government, etc.) for mitigating the risks of lending for crimes, natural disasters, as well as changes in policies.
Investment Companies: Making safer investments is the main point of survival being an investment company. Extracting financial data could help you detect micro-trends to make such well-organized investments as well as in shares’ trading. The business performance data required for it could be extracted from websites like Google Finance, Yahoo Finance, Bloomberg market, and more.
Compliance Management: To stay compliant to different regulations and policies set by the financial regulators is very important if you wish to keep the business out of any ramifications and legal troubles. You can utilize web crawling for staying updated to these ever-changing laws and policies to avoid all the possible consequences.
Requirements
All you require to do is just let us know your requirement like frequency, sources, data points, as well as delivery formats and methods. Using this data, our team would do a feasibility study to ensure that your requirements are technically and legally feasible. Using our well-managed stock market data scraping services, you don’t require to be associated with any technical aspects. General data points related with stock market data include:
- Previous Closing
- Opening
- Bidding, Ask
- Today’s Range
- Market Cap
- Average Volume
- PE Ratio
- Beta
- Earning Date
- EPS
- Ex-Dividend Date
- Dividend & Yields
Crawler Setup to Scrape Financial Data
When the feasibility study gets completed as well as the requirement is feasible, our professional team will proceed towards the next step of setting up a crawler. Setting a crawler is perhaps the most complex and technically difficult process in data crawling. Our dedicated technical team will take care of this and will take a few days for getting it done. The data begins flowing after the scraper is set and running. The initial data could have noise that includes undesirable HTML tags as well as text, which has got extracted together along data. For removing this, a data dump file gets run through the cleansing setup. In the end, the data is appropriately structured to make sure compatibility with analytics systems and databases.
Data Delivery
Different data delivery methods and formats are as customized as our scraping solutions. You can select between CSV, XML, and JSON for different data formats as well as get data through our APIs, FTP, Amazon S3, Box, or Dropbox.
For more information, contact X-Byte Enterprise Crawling or ask for a free quote!
