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As more and more people are drawn to trading stocks, the need to receive pertinent, impartial and up-to-date information becomes vital. Given the high volatility of certain markets, having quick access to news and trends can mean the difference between a successful venture and a business flop.

While there are multiple methods of staying ahead of the curve and spotting opportunities where others see nothing out of the ordinary, having access to software that receives information on quotes in real-time can significantly improve financial results. XLQ is just such a suite, as it receives quotes feedback from six independent sources, complete with historic comparisons.

The core function of this tool is the ability to receive stocks values and trends. It is, therefore, implicit that a valid Internet connection is required to draw value from this program. One of the great features of this application is its accessibility, as little configuration work is required and new users can jump right in and obtain quotes.

The only required information is the symbol for the stocks and the preferred data source. Supported free providers are Google, IB, IQFEED, TDA, Yahoo! and Yahoo! International and users are able to subscribe to other sources. This is a great setup since it allows newcomers to receive information, but it also permits advanced users to customize the application.

Once stocks are configured, a simple mouse click on the “Refresh” button allows users to receive quotes from the selected providers. The values can then be transferred to Excel; if, however, Microsoft Office is not present, one can employ the built-in spreadsheet editor, “xlqCompanion” to record financial values.

To sum up, XLQ is a valuable tool for anyone involved in trading stocks and managing financial portfolios.