Introducing IEX Cloud Gateway, the Financial Data App on OpenFin

OpenFin users can now access real-time stock prices and financial data through the new IEX Cloud application.

At OpenFin, we collaborate with a large swath of leading capital markets firms to help them deliver superior solutions to their clients. Some of these firms leverage us to build products that benefit not only their own business and customers, but the industry at large, and these projects are some of the most satisfying.

Our work with IEX Cloud is a great example of how an application can change the game for finance professionals. IEX Cloud’s Gateway application is a powerful solution that makes it easy to track and monitor key market and financial datasets. It’s also the first and only application on OpenFin to make real-time* market data available free of charge.

The first features of IEX Cloud Gateway are now available to all OpenFin users, beginning with free, open access to real-time* stock prices. This initial release is just the beginning. Over the next several months, IEX Cloud Gateway will serve as an increasingly robust access point to a growing selection of market data visualizations and datasets.

Introducing IEX Cloud Gateway: Changing the Game for Financial Professionals

IEX Cloud Gateway brings real-time* data from the Investors Exchange to more people’s fingertips than ever before – a major win for those that have long been limited to 15-minute delayed data to keep a pulse on equity prices or reference a particular stock price at a split-second notice.

IEX Cloud is a part of IEX Group, a New York City-based financial technology company and home of the Investors Exchange – one of the largest exchanges globally by notional value of shares traded.

Though many additional visualizations and datasets are on the way, the initial release of IEX Cloud Gateway is focused on making the most core, essential datasets accessible. Users can access a full range of real-time* stock prices from the Investors Exchange, including bid, ask, change percent and volume. They can also monitor real-time* U.S. market volume by venue.

This also comes with plenty of built-in monitoring capabilities. Users can easily chart stock and ETF prices, build their own customized watchlist of symbols, and see pre-built lists sorted by most active, top gainers, top losers, top volume, and volume percentage.

The Creation of IEX Cloud

IEX Cloud was born out of a mission to set new standards for data accessibility and aims to empower innovation across its community.

In 2016, IEX Group received approval from regulators to operate the Investors Exchange, which is committed to providing U.S. market participants with a high-performance trading experience.

Not long after in 2019, IEX established its IEX Cloud business, which uses its high-performance platform to connect data creators with businesses, individuals, and professionals across the finance and Fintech space.

Today IEX Cloud serves an audience of over 100,000 registered users globally.

OpenFin Helps IEX Cloud Bring its Mission to Life

IEX Cloud chose to deploy its application on OpenFin for a few crucial reasons, starting with the sheer size of its ecosystem – OpenFin currently deploys more than 1,200 desktop applications across more than 225,000 desktops from all corners of the industry and around the world. This means maximum opportunity to complement IEX Cloud data with other functionalities, and thousands of end users that would get free access to real-time* stock price data immediately.

In addition, since IEX Cloud will continue to expand the application, OpenFin’s framework allows for true iterative development, with the ability to make updates and roll out changes quickly and efficiently.

Finally, the OpenFin Operating System (OS) – including interoperability and the ability to widgetize individual components of a given app – enables easy integration, which drives adoption and helps make it simple for end users to bring the application into established workflows.

This is a solution that epitomizes how firms can use OpenFin to make the most of what they want to build. The functionality itself is just one piece of it — leveraging that functionality to unlock synergies with third-party platforms is the kind of democratic development that is the future of our space. As the industry moves more heavily into digital transformation, we will continue to build out our ecosystem and make the financial desktop more powerful, cohesive,and user-friendly.

We are proud to stand with IEX Cloud today as it makes progress toward this goal. Check it out here and get started for free.

*Real-time prices available via the IEX Cloud API are different from real-time prices available via direct connection from the Investors Exchange. Learn more.