Link your broker account to Yahoo Finance

vanzandt said:
Ahh whatever. Everybody gets hacked.
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No they don't. Hacking real accounts by real people is rare.
Sarah Palin's Yahoo account got hacked by a real person - but she used easily Googled info on her as security questions.

vanzandt said:
What is the use of this if you receive L2 etc from your broker? I mean I'm sure there's a reason... but I'm just missing it. Why would anybody sync their brokerage account to Yahoo?
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My guess is that most traders use Yahoo Finance as their primary source of market info - stock quotes, charts and option chains. They spend more time on Yahoo Finance than they do logged into their brokers accounts.

So it makes sense to link the two together - for convenience.
 
OptionsOptionsOptions said:
No they don't. Hacking real accounts by real people is rare.
Sarah Palin's Yahoo account got hacked by a real person - but she used easily Googled info on her as security questions.
.
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Yeah I meant corporate databases. There's a dozen examples of that.


OptionsOptionsOptions said:
My guess is that most traders use Yahoo Finance as their primary source of market info - stock quotes, charts and option chains. They spend more time on Yahoo Finance than they do logged into their brokers accounts.

So it makes sense to link the two together - for convenience.
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Huh? I never have. A reliable broker has all that and more. Maybe some people use Yahoo when they get off work to check a stock in their 401K.... but any active trader is gonna use their broker's stuff. And if that's lacking, they'll change brokers. I mean IB charges for level 2... but the $4.99 brokers all give that away for free. Option chains w/L2 too. This makes zero sense to me.
 
> I'm sure there's a reason

It's a way for Yahoo to monetize its investment in Finance. Presumably the brokers will kick back a few pennies for every order sent via Yahoo's pipes.
 
their charting tool sucks. didn't they have a security breach recently?
someone from Alabama logged into my yahoo email for a year or so. I told them about it and they couldn't do a thing about it.
at one time, Microsoft wanted to pay $30 billion dollars for it :)
 
truetype said:
I haven't read Yahoo's Terms and Conditions for this service, but I'm sure they absolve Yahoo of any responsibility.
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Yahoo is currently in the process of having all their account holders sign a new approval for changed Terms and Conditions:
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Looking at the details it looks like they want more from you than Facebook and Google together.
 
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