Standardized schema for market-by-order data.
API Access
Est. Price
~$1,200/yr est.
Update Frequency
Real-time
Pricing Tiers
1
Regions
1
Quality SignalsB
Freshness
Recently enriched
Complete
81%
API
API Available
Product Overview
Market Data Infrastructure$
Offering: High-fidelity, normalized historical and real-time exchange market data delivered via a unified API and proprietary binary format.
Best for: Quantitative researchers and algorithmic traders requiring granular, exchange-level market data for backtesting and execution analysis.
Benefits
- Usage-based pricing model reduces entry barriers
- Proprietary DBN binary format optimizes high-performance data processing
- Standardized schemas across diverse exchange data feeds
- Unified API for both historical and real-time data access
Drawbacks
⚠ Limited to market data · ⚠ lacking broader alternative or fundamental data sets · ⚠ Requires technical proficiency to leverage proprietary binary formats and SDKsProduct Intelligence
Value Score
54
quality per $
Price Position
P50
mid-range
Coverage
75
geo × freq × depth
Try-ability
35
ease of trial
Market concentration: 100% (concentrated — few vendors)
Product Details
Use Cases
Algorithmic tradingMarket microstructure researchBacktestingExecution quality analysisOrder book modeling
Categories
Financial Market DataHistorical Market DataMarket MicrostructureReal-time Market Data
Coverage
Global
Delivery
API
Data Sources
financial exchanges
Pricing Tiers
Vedex estimate
~$1,200/yr est.
SUBSCRIPTIONMEDIUM
Add to Data Room
Get an instant price estimate based on your organization profile — seats, usage rights, and contract term.Estimated ~$1,200/yr est.
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Web Authority
Notable7 mentions·4 platforms
Academic Papers
3 × 8 pts+24
LinkedIn
2 × 2 pts+4
Reddit
1 × 3 pts+3
Blogs & Newsletters
1 × 2 pts+2
Evidence5 sources
Academic Papers
[2102.08811] Deep Learning for Market by Order Data
by Z Zhang · 2021 · Cited by 50 — Market by order (MBO) data - a detailed feed of individual trade instructions for a given stock on an exchange - is arguably one of the most ...
Academic Papers
arXiv:2102.08811v2 [q-fin.TR] 27 Jul 2021
by Z Zhang · 2021 · Cited by 50 — Market by order (MBO) data – a detailed feed of individual trade instructions for a given stock on an exchange – is arguably one of the most ...
Academic Papers
Is liquidity provision informative? Evidence from ...
Table A2: An example of Market by Order (MBO) data. This table shows complete details of a limit order in MBO data on July 11, 2020. Each row represents a ...
Data Dictionary
Expected fields and columns in this data product
About Market By Order (MBO)
Market By Order (MBO) is a financial market data 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 $1,200/yr (an estimate, not a vendor-published price).
Standardized schema for market-by-order data.
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...
Related Data Categories
Financial Market DataHistorical Market DataMarket MicrostructureReal-time Market Data