New MOMO datafeed coming soon!
I’m excited (and relieved) to announce that we are making improvements to the MOMO data feed. As you may have noticed, MOMO has had periodic hiccups in pre-market availability and overall data throughput. As a result, this has also impaired alert performance. So while our existing data feed has taken MOMO far, we want to make a change.
Over the past couple of months, we have been integrating and testing a new data feed that is collocated in the same datacenter as Nasdaq and have been impressed. So far, we are seeing nearly 40% more symbols being reported, which seems incredible, but is true. So after going back and forth with our current data provider, we feel moving to the new feed is going to make a solid improvement in the overall uptime and performance. If you are interested in checking out a comparison, head over to our Facebook page for a side-by-side video.
Technically, the issue is based on our current provider’s API approach. It is dated and doesn’t provide any ability to optimize. Regardless of the server performance we provide, the current data feed API won’t scale resulting in buffering and un-reported trades. The new feed can support many times the volume and uses a new API approach that is not prone to these issues.
Additionally, the new feed will offer crypto and OTC stocks and we will work to support that as well and will keep you posted as we make progress.
We hope you are excited as we are.
Profit from Momentum!