Data sources
Where the data comes from
The suppliers behind the main figures on Meaterm (prices, charts, company financials, macro series and futures positioning), what each one covers and what it does not. If a number matters to you, this page tells you where to check it.
Checked against the code on October 28, 2026.
| What | Source | Coverage and limits |
|---|---|---|
| US stock prices and charts | Digital Alpha FX (licensed market-data vendor); Finnhub; Financial Modeling Prep | Quotes and daily bars for US-listed shares come from Digital Alpha FX, with Finnhub for single-stock quotes and Financial Modeling Prep for daily bars before 2 January 2020, where Digital Alpha FX’s archive begins. Stock prices are end-of-day. |
| Shares listed outside the US | None | No feed Meaterm holds prices listings in London, Frankfurt, Istanbul, Tokyo or other non-US venues. Those symbols appear in search, and their pages say there is no price rather than show one. |
| Company financials and filings | SEC EDGAR (XBRL company facts and filings); Digital Alpha FX; Financial Modeling Prep | US filers only. Ratios such as debt to equity and return on equity are computed by Meaterm from the filed figures, and a figure much older than the period it is paired with is withheld rather than shown. Where SEC has no figure, Digital Alpha FX’s reported value can appear instead. Company profile fields in the terminal (sector, industry, beta and the 52-week range) come from Financial Modeling Prep. |
| Earnings dates and results, analyst recommendation counts | Finnhub | Upcoming report dates, past results against estimates, and the number of analysts at each recommendation, as Finnhub reports them. |
| Factor grades and fair-value estimates | Computed by Meaterm | Calculated from the filings and prices above. A grade is a ranking within a sector and a fair value is a model estimate; neither is a recommendation. |
| Currencies | Digital Alpha FX (licensed); European Central Bank reference rates | Currency data is delayed. Charts use Digital Alpha FX’s bars, and long daily charts start with the ECB’s daily euro reference rate before Digital Alpha FX’s history begins; the chart marks where one gives way to the other. A single-pair quote can be the ECB’s daily reference rate (served through the Frankfurter API), which has no intraday high, low or volume. |
| Crypto prices and charts | Digital Alpha FX | Crypto is near real-time: the main coins’ charts use Digital Alpha FX’s hourly bars, other coins have daily bars, and some coins’ prices refresh every 15 minutes. A coin Digital Alpha FX covers is priced only from it; if that feed does not answer, the page says so rather than switch source. |
| Crypto on-chain metrics | Digital Alpha FX; for bitcoin also Coin Metrics Community, Blockchain.com and mempool.space; DefiLlama for the total value locked in DeFi | Each coin’s on-chain tab shows that coin’s metrics, or says they are not covered. The total value locked in DeFi shown above them is DefiLlama’s, summed across chains. |
| Crypto derivatives: funding rates, open interest and the long/short ratio | Binance public market data | Perpetual-futures funding rates, open interest and the long/short account ratio for bitcoin and ether, as Binance reports them, shown on those two coins’ on-chain tabs. |
| Stock indices and commodities | Digital Alpha FX; the VIX from FRED | Index and commodity data is delayed. Quotes and charts come from Digital Alpha FX (the gold future symbol GC=F, for example, shows spot gold, XAUUSD). The VIX is FRED’s daily close (VIXCLS), so its chart is daily only. |
| Spot precious metals (gold, silver, platinum and palladium against the US dollar) | Swissquote’s public quote feed; LBMA; FRED | Bid and ask quotes from Swissquote’s public feed; the chart history is recorded by Meaterm from those quotes, from 5 August 2026. The metals research module’s annual series come from the LBMA (gold and silver) and from FRED (copper, the IMF global price). |
| Macro series and the economic calendar | FRED (Federal Reserve Bank of St. Louis); Treasury yields from the Federal Reserve Board’s H.15 release | The series include Treasury yields (3-month, 2-year and 10-year, the Federal Reserve’s H.15 series) and the 10-year minus 2-year spread, the Fed’s broad trade-weighted dollar index (DTWEXBGS, not ICE’s DXY), WTI and Brent oil, and the VIX. Each series updates on its publisher’s schedule: the Treasury yields and the VIX each business day, the dollar index and oil prices once a week. The release calendar comes from FRED’s release dates, and central-bank rate decisions from each bank’s published meeting calendar; it shows no consensus forecasts, because no source Meaterm holds provides them. |
| Country economic indicators | FRED; European Central Bank; Eurostat; World Bank | The terminal’s Indicators page takes each country’s figure from the first of these sources that has one, and prints the source and the reference date beside it. Euro-area inflation comes from the ECB or Eurostat and EU unemployment from Eurostat, both monthly; central-bank rates and 10-year government bond yields come from FRED; most other figures are the World Bank’s annual ones, dated by the year they describe. A few central-bank rate series on FRED stopped updating at the end of 2023 and show that date rather than a newer figure. |
| Futures positioning (COT) | CFTC Commitments of Traders (US government, public domain) | Released by the CFTC normally on Friday at 15:30 ET, for positions held on the Tuesday of that week; a US federal holiday moves the release later. Meaterm’s copy refreshes every six hours, so a new report can take up to about seven hours to appear. The method is on the methodology page. |
| Short interest, institutional holdings and options activity | FINRA; SEC Form 13F filings; Cboe | Short interest and short volume as FINRA publishes them, institutional holdings as filed on Form 13F, and Cboe’s put/call ratios and volumes. |
| Prediction markets | Polymarket’s public data | Market prices, volumes and trades, as Polymarket publishes them. |
| News headlines | Finnhub; SEC filings; publishers’ own RSS feeds; Bing News search | Company and market headlines from Finnhub, company filings from the SEC, and Turkish-language headlines from publishers’ own feeds, among them Bloomberg HT, Dünya, Anadolu Ajansı and Investing.com Türkiye. The headlines shown beside a prediction market come from a Bing News search on its topic. |
| Company catalysts: FDA decisions, clinical trials, federal awards and 8-K filings | openFDA; ClinicalTrials.gov; USAspending.gov; SEC EDGAR (8-K filings) | The terminal’s Catalysts tab lists recent FDA decisions on drug applications from openFDA, recent and upcoming primary completion dates of clinical trials from ClinicalTrials.gov, US federal contracts and grants of $10 million or more from USAspending.gov, and recent 8-K filings from SEC EDGAR, as each source publishes them. A company is tied to its ticker only where Meaterm’s own list of names matches it; otherwise its name is shown as the source gives it. |
The two ways a figure goes wrong
The source is stale or revised. A feed stops updating and its last value keeps showing, or a publisher revises a figure after it was read. A stale number looks exactly like a current one, so where Meaterm can detect it the figure is marked stale or withheld, and where a feed is down the page says so rather than present an old value as current.
The calculation is wrong. A derived figure (a ratio, a multiple, a percentile) is computed from correct inputs with the wrong formula, unit or period. This is the more dangerous kind, because the number still looks plausible. The errata page lists both kinds.
Found an error?
Write to support@meaterm.com. When we correct a data error, it goes on the errata page, with the date and what changed.
Research only, not financial advice. Meaterm is a research and analysis platform: it does not execute trades and does not make recommendations. See the risk disclaimer and the methodology.