Polygon.io adds stock options APIs to market data platform that includes FX and Crypto

Rick Steves

Polygon.io has launched a new set of stock options APIs to its entirely self-serve real-time data APIs, which includes stocks, crypto, forex, and options APIs free to use.

The newly available stock options APIs feature real-time access to every trade, quote, and custom aggregate bar via WebSocket or REST API in an efort to bring developer-centric philosophy to the stock options market.

The APIs also include open interest, greeks, and historical contracts.

“We’ve torn down a wall”

Quinton Pike, Founder and CEO at Polygon.io, said: “We’ve just opened a new door for developers, or more accurately, we’ve torn down a wall. If you’re a developer building software that uses market data, you’ve long been at a disadvantage to the larger players because your choices for data were either extremely low quality or extremely expensive. That’s what we’re here to solve.”

Polygon’s stock options APIs aim to provide individual application developers and algo traders with accurate and up-to-date choices previously available only to enterprise clients and major financial institutions.

The extreme scale of the data, with over a million unique options tickers active at any given time, and billions of quotes happening across those tickers every day, makes the stock options space quite a challenge for data companies. Polygon accepted the challenge and is able to process, store, and serve that data in real-time like other major enterprise market data vendors.

Polygon.io rolled out OTC stocks

The firm has recently rolled out OTC data to every individual stocks plan on the Polygon platform, with no additional subscription needed.

Trading in OTC securities offers a comparatively small but important market compared to traditional exchange traded stocks. OTC traders can gain exposure to major international firms such as TenCent, Nintendo, and Danon through American Depository Receipts (ADRs).

Exchange traded securities, through bankruptcy and other reasons, sometimes find themselves delisted and trading on the OTC market. Risk tolerant traders test their mettle in the volatile OTC penny stocks.

Polygon’s APIs have expanded to include real time trade data for the US OTC equities market. Polygon sources this data from a FINRA feed available thanks to trade reporting obligations. Polygon’s data captures the entire US OTC equities market including trades from common “exchanges” – technically they are Alternative Trading Systems (ATSs) – such as OTC Markets and Global OTC.


Read this next

Institutional FX

FXSpotStream volumes hit 14-month high in November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2023, which moved higher on a monthly basis.

Digital Assets

Circle denies ties with Palestinian groups, TRON founder

Stablecoin issuer Circle has denied allegations that it facilitates funding for terrorist organizations.

Retail FX

CySEC hits operator of Titanedge, TradeEU with €90,000 fine

The Cyprus Securities and Exchange Commission (CySEC) announced that it has imposed a fine of €90,000 on Titanedge Securities Ltd due to shortcomings in their regulatory obligations.

Institutional FX

Cboe FX volumes retreats slightly in November 2023

Cboe’s institutional spot FX platform today announced its trading volume for the month ending November 2023, which took a step back after a strong rebound in October.

Institutional FX

Alpha Group seals Cobase majority acquisition

Foreign exchange service provider Alpha Group International plc (AIM: ALPH) has finalized its acquisition of Financial Transaction Services, operating as Cobase.

Digital Assets

TMNG Tokens Successfully Listed on MEXC Crypto Exchange

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space.

Institutional FX

Marex completes acquisition of TD Cowen’s PB business

London-headquartered commodities broker Marex has completed the acquisition of TD Cowen’s prime brokerage and outsourced trading business, which will be integrated into Marex’s capital market division. This division was established following the acquisition of ED&F Man Capital Markets in 2022.

Digital Assets

Talos introduces decentralized liquidity and onchain settlement with Uniswap and Fireblocks

“At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need. And to have this partnership powered by Fireblocks, a digital assets infrastructure provider trusted by some of the most renowned institutions, is very fitting.”

Digital Assets

FINMA-regulated crypto bank SEBA Bank rebrands to AMINA

“As we look forward to 2024, our ambition is to accelerate the growth of our strategic hubs in Switzerland, Hong Kong, and Abu Dhabi, and to continue our global expansion, building on all the successes we have laid down over the past years.”