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07.31.2024

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FAQ

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3 Min Read

Where does QUODD
FX rates data come from?

Where does the QUODD FX rates data come from?
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The Global Currencies API provides spot exchange rates. QUODD integrates FX rate data from multiple leading data providers, including Morningstar, SwissQuote, and Rada FX, to provide the highest level of liquidity, coverage, and redundancy. The original contributors of QUODD's FX rates are Allied Irish, Commerzbank, Den Norske Bank, European Central Bank, Nordea Bank, SAXO, UBS, Banca D’Italia, Banco de Espana, SA, Banco de Mexico, Bank of Canada, Bank of England, Banque de France.

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05.31.2024

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Free Trial

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Does QUODD offer a free market data API trial?

Yes, QUODD offers a free market data API trial.

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05.31.2024

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Products

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Can QUODD APIs be called from multiple locations?

Yes, QUODD APIs can be called from multiple locations.

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03.28.2025

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Crypto & FX

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3

Why do Foreign Exchange (FX) rates vary between different data vendors?

Foreign exchange (FX) rates are traded over-the-counter (OTC), meaning there is no centralized exchange to standardize rates. Different providers source rates from various contributors, leading to discrepancies ...

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06.03.2024

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Crypto & FX

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3

How often are QUODD forex rates data refreshed?

The Global Currencies API provides real-time forex data which is updated in true real-time as new quotes are issued by market participants. 

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03.28.2025

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Crypto & FX

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FAQ

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3

Why are QUODD’s FX rates not aligned when triangulating?

FX rates can vary due to differences in data sources, rate timing, and market fluctuations. Since our rates come from multiple providers, slight discrepancies may occur when triangulating currency pairs. As a result, we do not recommend using triangulation as a method to validate a specific currency pair.

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05.21.2024

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3

Can I call QUODD APIs securely?

All QUODD financial data APIs can be called securely over HTTPS using SSL.

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03.28.2025

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Crypto & FX

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FAQ

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3

What does QUODD do to ensure FX rates are accurate?

QUODD employs a proprietary monitoring system that continuously tracks each currency pair. Our filtering mechanism adjusts to real-time market conditions, designed with the intent to enable us to detect and exclude anomalous or erroneous rates ...

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05.31.2024

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FAQs

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Exchange Fees

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3

Why do I have to pay QUODD and the exchange to use data?

There is a difference between licensing the rights to use the data with the data owner (the exchange) and buying a service to gain access to the data (your vendor, i.e., QUODD).

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05.31.2024

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Products

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Are the treasury rate figures published in QUODD Money Markets and Rates yields or discount rates?

The figures provided for Treasury Rates of all maturities are yields

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05.31.2024

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General-Help

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What is your API availability?

QUODD targets 99.9% availability.

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05.31.2024

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Customer-FAQs

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How do I check my Account status?

You can check the status of your account on our website by visiting https://www.quodd.com/MyAccount.

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05.31.2024

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Stocks and ETFs

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Why is the volume on BATS (CBOE) lower than other exchanges?

The volume on BATS is lower than other exchanges because the BATS volume reflects the volume of trades performed only on BATS, and does not reflect trades executed on other venues.

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