Colocate Data Providers
Databento CEO Christina Qi urged market data providers to colocate directly with exchanges and warned against resellers that can't prove direct source access — latency, support speed, and architecture opacity are at stake. Her point: sub‑millisecond systems need provable source access, not opaque reselling chains. (x.com)
Databento states its production servers are hosted inside the colocation facilities of multiple trading venues to capture low‑latency, high‑fidelity market data directly from exchange sources. (prnewswire.com) The company disclosed a $10 million funding round announced to expand operations and said it is an official distributor of data from more than 45 exchanges. (citybiz.co) In October 2023 Databento added raw PCAP delivery with same‑day historical file delivery and coverage across “over 30” trading venues, and those PCAPs include PTP‑synchronized hardware timestamps. (advfn.com) Databento’s public GitHub contains a Databento Binary Encoding (DBN) repo and official client libraries in Python, C++ and Rust, indicating in‑house tooling for low‑latency ingestion and parsing. (github.com) Independent comparisons of level‑3 offerings highlight Databento’s timestamping, noting up to four nanosecond‑resolution timestamps per event including a PTP hardware timestamp for cross‑venue synchronization. (rebellionresearch.com) Corporate profiles and product pages describe Databento’s delivery model as offering both direct feed capture from colocation sites and delivery over public cloud endpoints for customers. (bloomberg.com)
