New Stock Options APIs Available at Polygon.io

New stock options APIs have been added to Polygon.io's self-serve real-time data APIs, which now include free-to-use stock, cryptocurrency, forex, and options APIs.

In an effort to introduce developer-centric mentality to the stock options market, the recently made public stock options APIs offer real-time access to every trade, quote, and custom aggregate bar through WebSocket or REST API.

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Quinton Pike, Founder and CEO at Polygon.io, said: "We've just opened a new door for developers, or more accurately, we've torn down a wall. If you're a developer building software that uses market data, you've long been at a disadvantage to the larger players because your choices for data were either extremely low quality or extremely expensive. That's what we're here to solve."

Individual application developers and algo traders will now have access to precise and current options that were previously only available to enterprise clients and major financial institutions thanks to Polygon's stock options APIs.

The stock options market presents a significant challenge for data firms because to the immense scale of the data, with over a million different options tickers active at any given time and billions of quotes occurring across those tickers every day. Polygon accepted the challenge and, like other significant enterprise market data vendors, is able to process, store, and provide that data in real-time.