In 2025, heightened market volatility made access to precise, real-time data more essential than ever. Interest rate speculation and tariff-related disruptions added to the uncertainty, contributing to a record surge in options trading across U.S. derivatives markets.

To support these demands, SpiderRock offers SpiderStream over MLink, a flexible, developer-focused API for streaming and querying live data with low-latency. Its internet-based delivery simplifies onboarding and removes traditional hurdles, enabling teams to build trading tools, analytics dashboards, and enterprise platforms without added complexity or cost.

Key Features of MLink

• Live Data Streaming and Querying - Stream or query real-time and delayed data feeds including stocks, futures, options, market summaries, imbalances, volatility analytics, and more.
• Flexible Message Delivery - Choose from JSON, Framed JSON, or Protobuf protocols to match your application design and performance needs.
• WebSocket and REST Connections - Use WebSocket for live subscriptions to data or REST for occasional queries. MLink supports both options to fit diverse use cases.
• Real-Time and Delayed Data - Developers can access both real-time and delayed data without strict limitations on the number of requests over short time intervals, ensuring their applications always have the most up-to-date information.

Key Users

SpiderStream over MLink serves a broad spectrum of financial professionals. Quantitative traders and analysts harness its high-frequency, low-latency data feeds to implement rapid, algorithm-driven strategies, whilerisk management teams rely on the platform's comprehensive options analytics to assess and mitigate exposure effectively. Beyond individual teams, financial institutions requiring scalable and adaptable APIs find that SpiderStream over MLink aligns seamlessly with diverse workflows, supporting everything from real-time data streaming to complex analytics.

About SpiderRock Data and Analytics

SpiderRock Data & Analytics is a division of SpiderRock Technology Solutions, a provider of industry-leading options trading solutions. SpiderRock Data and Analytics is an exchange-licensed redistributor of market data, providing US stocks and options market data in a raw and normalized format.

SpiderRock’s proprietary live analytics offer low-cost delivery of market data and options analytics without requiring clients to make a significant investment in infrastructure. In addition, SpiderRock’s robust historical datasets updated daily from live markets are ideal for research, back testing, and making data-driven decisions. For more information, visit https://www.spiderrock.net/data/, follow us on X at @SpiderRockChi, and visit our LinkedIn page.

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