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EXCEL RTD FUNCTION
Excel RTD Function Introduction
The RTD Function is part of the Excel Lookup and Reference category. FunctionsList of the most useful Excel functions for financial analysts. This cheat sheet contains hundreds of functions that are essential for an Excel analyst to know. The function will retrieve real-time data from a COM-enabled software.
Description of Excel RTD Function
Syntax :
=RTD(RealTimeServerProgID,ServerName,Topic1,[Topic2], …)
Parameters :
- ProgID – (mandatory parameter) – The name of a registered COM automation add-in installed on the local computer’s ProgID. The name must be surrounded by quote marks.
- Topic 1, Topic 2,… — Topic 1 is a compulsory argument, however the following topics are optional. 1 to 253 parameters indicate a unique piece of real-time data.
- Server – (mandatory parameter) – The name of the server on which the add-in should be executed. We leave the parameter blank if there is no server and the application is run locally. Otherwise, we must surround the server name with quotation marks (“”). Even if the server is operating locally, double quotation marks or the VBA NullString attribute are necessary when using RTD within Visual Basic for Applications (VBA).
Step By Step Guide of RTD Function
Example :
Key Points
- RTD servers should be digitally signed, but they aren’t. If an RTD server is not digitally signed, it may not load and a #N/A error message will be displayed in the cell(s) referring the RTD server.
- Unlike other functions, RTD formulae will alter when Microsoft Excel is in automatic calculation mode when the server has been designed to continuously update results.
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