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Hi there,
My question is, if I use an algorithm on live trading that uses morningstar data to filter stocks, how quickly will my algorithm receive the data from the moment that this data is released to the public? Is there any delay?
Thanks
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Jack Simonson
Hi Alex,
This excerpt from the Fundamental Data documentation page will hopefully answer your question:
"In live trading Morningstar data is delivered to your algorithm at approximately 6am each day. The majority of the fundamental data update occurs once per month. This includes updates to all of the key information for each security Morningstar supports. On top of this monthly update there are daily updates of the financial ratios.
As Morningstar data arrives it updates the master copy and is passed into your algorithm, similar to how TradeBars are fill-forwarded in your data feed. If there have been no updates this week you'll receive the same fundamental data."
Alex Haseldine
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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