Market Data is excited to announce our strategic partnership with Intrinio, a leading provider of comprehensive financial data solutions. This collaboration marks a significant step forward in our mission to deliver high-quality, timely, and reliable financial information to our users. By teaming up with Intrinio, we’re strengthening the infrastructure behind our data services and ensuring our customers have access to the same real-time and historical data used by institutional traders and financial professionals.
We recently spoke with Max Nowak, Operations Manager at Market Data, to learn more about the motivation behind this new partnership and how it enhances the experience for users of our API and spreadsheet add-ons. Max offered insight into the technical, financial, and strategic factors that made Intrinio the right fit for our growing platform.
Why Intrinio?
According to Max, Market Data had been exploring ways to improve its options data offering by becoming an official OPRA vendor. “We were looking to elevate our product by offering real-time options data directly through our infrastructure,” Max explained. “As we evaluated potential vendors, Intrinio stood out for the completeness and accuracy of their data, as well as their understanding of the licensing and compliance landscape for OPRA feeds. Their solution checked all the boxes, aligning perfectly with both our technical requirements and long-term goals.”
Types of Financial Data Provided by Intrinio
“At the moment, we’re sourcing real-time and historical data for both options and stocks through Intrinio,” Max shared. “This means we’re able to offer a unified experience to our customers, who can now query data across multiple asset classes with a single integration. Whether users are tracking historical volatility or monitoring live bid-ask spreads, the depth and breadth of Intrinio’s data ensures they’re getting complete and up-to-date information.”
Key Factors for Choosing Intrinio
Max also discussed the practical reasons Intrinio was selected. “From a cost-efficiency standpoint, they offered very competitive pricing relative to other vendors we evaluated,” he said. “More importantly, Intrinio was willing to work with us on capacity—our user base continues to grow, and with that growth comes increased demand on our rate limits. They understood our needs and offered a flexible, scalable solution that would allow us to continue expanding without performance constraints.”
Working with Intrinio allows Market Data’s users to piggyback on the same data infrastructure used by the largest hedge funds, brokerages, and fintech platforms. Intrinio has redundant, collocated servers with multiple stock and option exchanges, as well as a dedicated team of developers who are constantly monitoring hardware and APIs to ensure Intrinio as well as Market Data are up and serving data to our customers.
Enhancing Market Data’s Products
Thanks to this integration, Intrinio’s data feeds now power the core functionality behind both our API and spreadsheet-based tools. “We’re seeing immediate improvements in speed and reliability,” Max noted. “Our users rely on us for actionable, trustworthy data—whether they’re analyzing trends in Excel or pulling real-time quotes via the API. This partnership ensures that the underlying data infrastructure meets those expectations, helping us deliver a better product on both fronts.”
“Innovating as a joint team allows both our firms to benefit from the feedback of both individual and institutional traders,” said Andrew Carpenter, COO of Intrinio. “That feedback loop, where customers ask for new calculations or data feeds and we can release them in partnership with Max and his team, allows us to stay on the cutting edge for stock and options traders.”
Improvements for Customers
For customers already using Market Data’s tools, the improvements are tangible. “One of the biggest upgrades is the inclusion of real-time stock data via IEX and options data via OPRA,” Max explained. “This gives our users access to the same top-of-book quotes and market-level insights that brokers and trading desks rely on. We’re closing the gap between institutional-quality data and the tools available to individual investors, and that’s something we’re very proud of.”
“We share a vision with Market Data,” says Rachel Carpenter, CEO of Intrinio. “If data is expensive or hard to access, then the tools that Main Street investors need to compete with Wall Street don’t get built. By partnering with the team at Market Data we are making sure those tools not only get built, but they get into the hands of traders so the benefits of the stock market aren’t monopolized by a few of the biggest firms.”
Long-Term Partnership Goals
Max concluded by emphasizing that this partnership is about more than short-term gains. “While our current agreement with Intrinio runs through 2025, we see this as a long-term relationship,” he said. “They’ve proven to be a responsive and reliable partner, and we’re confident that continued collaboration will help us refine and expand our offerings over time.”
Ultimately, this partnership is a reflection of Market Data’s commitment to continuous improvement. By joining forces with Intrinio, we’re investing in the infrastructure and relationships that will help us deliver better tools and better data to every individual investor, trader and developer who depends on our platform.