In celebration of our launch anniversary, we’d like to share a glimpse into our journey with you! Take a peek into the origins of Databento, the incredible team behind it, and how we're disrupting the financial #data industry.
Databento
Financial Services
Salt Lake City, Utah 11,073 followers
A simpler, faster way to get market data.
About us
Databento makes it simpler and faster to get market data. Our self-service model allows users to instantly pick up live exchange feeds and terabytes of historical data—and only pay for what they use. Our goal is to power the world's largest finance and fintech institutions and make data accessible for small startups. Since starting in 2019, we've raised over $27.8M in funding. Our team brings years of experience running high-frequency trading desks and includes alumni from firms like Two Sigma, Flow Traders, Virtu, and Stripe.
- Website
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http://www.databento.com
External link for Databento
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Salt Lake City, Utah
- Type
- Privately Held
- Founded
- 2019
- Specialties
- Fintech, Market data, and Algorithmic trading
Locations
Employees at Databento
Updates
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What happens when industry leaders shift gears to a hedge fund? In Ernie Chan's case, you join them! Explore his journey from a physicist at IBM's world-renowned language modeling group to a hedge fund and startup founder: https://to.dbn.to/3VEwpy1. #fintech #hedgefund #quantitativefinance
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Check out Databento's new #documentation experience! 🚀 Alongside a major UI refresh, we've restructured the navigation to be more intuitive. 📝 We've released new API examples over the past month and updated existing guides to better introduce Databento's core concepts. 🔍 Our improved search now includes content previews and supports multiple languages, making it easier to find exactly what you need. Your input shapes our product roadmap, and we're grateful for the user feedback that inspired these updates. Let us know what you think: https://to.dbn.to/4cIh5Hs #APIdocs #APIs #marketdata #tickdata #fintech
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We're excited to announce our latest collaboration: QuestDB x Grafana Labs x Databento. This what the modern infrastructure stack for financial services looks like. #QuestDB demonstrates incredible performance on time series data, with queries of over a billion rows per second in the order of milliseconds. #Databento is the only commercial market data solution capable of delivering L2 and MBO ("L3") data over the internet, serving petabytes of data to thousands of customers. #Grafana is the most universal tool for visualizations in the modern infrastructure monitoring stack, loved by systems, devops, and infrastructure engineers all around. All three buck the trend in their respective domains and are leading advocates of open source.
Excited to share a new collaboration between Databento and #QuestDB 🔥 The new infrastructure stack for financial services is emerging! ⚡ Starting from high-fidelity market data real-time APIs, directly from colocation sites. This data can then be processed and analyzed via a new generation of open-source time-series databases without vendor lock-in, that leverage new open formats and standards such as #SQL, #Parquet and #Arrow. Christina Qi thanks for modernizing the market data industry! Tutorial showcasing Databento, QuestDB and Grafana in action in the comments. #database #marketdata #timeseries #datafeed #CME #Nasdaq #ICE
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Testing strategies in a new market can be challenging. In a relatable story, Greg Harris, a senior quantitative researcher at Fenrir, experienced frustrations with incumbent data providers that are all too common. Databento is built and maintained by people who experienced those same frustrations. Our mission is to alleviate many of the data headaches faced throughout the industry. #proptrading #marketdata
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Databento reposted this
I'm excited to announce the launch of Databento's corporate actions coverage—which brings dividends, splits, listings, and more—across 215 exchanges. This is the most significant expansion of our coverage this year and has been many months in the making. The credit goes especially to Chris Sellers and Zach Banks for coming up with new abstractions for static/reference data and just wrangling the sheer number of enums to span the additional exchanges. We're now onboarding users. Learn more and join our waitlist: ➡️ https://lnkd.in/gJEan5vQ #marketdata #finance #equities #stocks #etfs #api #databento
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IEX Cloud will retire its financial data products on August 31, 2024. In response to the large number of users migrating over to Databento, we've prepared this guide to help users understand the differences and ease their transition. If you're an IEX Cloud user still seeking an alternative, Databento provides real-time and historical data from over 40 trading venues—including IEX itself—alongside a familiar suite of features. Discover how our coverage, pricing, and APIs can support your market data and corporate actions needs ➡️ https://to.dbn.to/3XIgIs4. #marketdata #api #equities #iex #databento
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Databento reposted this
The new Databento API docs are so stunning and set the new bar on how market data APIs should look. We've also made many improvements to the content and added new tutorials over the past month. Check it out! ➡️ https://to.dbn.to/docs #marketdata #api #apis #equities #futures
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Order book snapshots are available for CME live data! Now, users can get the latest order book state without replaying the entire week's trading session. Databento generates a snapshot every minute—just set schema="mbo" and snapshot=True when subscribing to the live stream using our Raw API or client libraries. You'll then receive one #snapshot per instrument to reconstruct the order book right before your session's start time. 🕑 We plan to roll out support for other datasets in the coming months. Learn more and see a code example at https://to.dbn.to/snapshot #orderbook #L3 #marketdataAPIs
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Databento is mentioned on the front page of WatersTechnology today regarding the IEX Cloud shutdown. https://lnkd.in/gasSm_zj