Market by order (MBO) data providing granular order-level transparency.
API Access
Est. Price
~$2,148/yr est.
Update Frequency
real-time
Pricing Tiers
1
Regions
1
Quality SignalsB
Freshness
Recently enriched
Complete
75%
API
API Available
Product Intelligence
Value Score
45
quality per $
Coverage
43
geo × freq × depth
Try-ability
35
ease of trial
Product Details
Use Cases
market microstructure researchhigh-frequency trading analysis
Coverage
US
Delivery
API
Pricing Tiers
Vedex estimate
~$2,148/yr est.
SUBSCRIPTIONMEDIUM
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Get an instant price estimate based on your organization profile — seats, usage rights, and contract term.Estimated ~$2,148/yr est.
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Web Authority
High Authority18 mentions·4 platforms
Academic Papers
10 × 8 pts+80
Reddit
3 × 3 pts+9
LinkedIn
4 × 2 pts+8
Blogs & Newsletters
1 × 2 pts+2
Evidence5 sources
Academic Papers
arXiv:2102.08811v2 [q-fin.TR] 27 Jul 2021
by Z Zhang · 2021 · Cited by 50 — To the best of our knowledge, this paper is the first to use MBO data to predict market movements, filling in this literature gap. 2. Page 3. by ...
Academic Papers
ByteGen: A Tokenizer-Free Generative Model for ...
The first stage converts raw Level 3 (Market-By-Order) data from the exchange's native 64-byte format to our compact 32-byte representation.
Academic Papers
Online Learning of Order Flow and Market Impact with ...
We present here the results of an online prediction study for order flow data by using BOCPD, MBO, and MBOC models introduced in Section 3, and ...
Data Dictionary
Expected fields and columns in this data product
About Level 3 (L3) Market Data (MBO)
Level 3 (L3) Market Data (MBO) is an alternative data product offered by Databento, available on discovery. Data is updated real-time. API access is available for programmatic integration. Vedex estimates pricing at roughly $2,148/yr (an estimate, not a vendor-published price).
Market by order (MBO) data providing granular order-level transparency.
About Databento
Databento is a data provider & platform vendor based in Boston, MA. Databento is a data-as-a-service platform that provides high-performance, normalized market data for financial institutions and quantitative researchers. By offering a unified API for historical and r...