VOL. XCIV, NO. 247
★ FINANCIAL TOOLS & SERVICES DIRECTORY ★
PRICE: 5 CENTS
Saturday, September 27, 2025
Investors comparing NYSE (Exchange Data & Tech) and OTC Markets will find that Both NYSE (Exchange Data & Tech) and OTC Markets concentrate on Data APIs, Order Book / Level II, and Dividends workflows, making them natural alternatives for similar investment research jobs. NYSE (Exchange Data & Tech) leans into Odd Lots, Spin-offs, and IPO, which can be decisive for teams that need depth over breadth. OTC Markets stands out with News, Ticker Changes, and Regulatory Filings Monitoring that the competition lacks. Use the feature-by-feature table to inspect unique capabilities and confirm which roadmap best maps to your process.
Head-to-head
NYSE (Exchange Data & Tech) vs OTC Markets
Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.
Quick takeaways
- NYSE (Exchange Data & Tech) adds Odd Lots, Spin-offs, IPO, Delisted, and Short Interest coverage that OTC Markets skips.
- OTC Markets includes News, Ticker Changes, Regulatory Filings Monitoring, APIs & SDKs, and Screeners categories that NYSE (Exchange Data & Tech) omits.
- NYSE (Exchange Data & Tech) highlights: Real-time proprietary feeds by venue: Integrated Feed (order-by-order), OpenBook Ultra and Aggregated (depth), BBO (top-of-book), Trades, and Order Imbalances., Multi-market consolidated feeds: NYSE BQT (best quotes & trades) and Pillar Depth (top 10 price levels across NYSE Group, Nasdaq, and Cboe)., and Historical TAQ datasets (end-of-day/T+1) with depth, top-of-book, and auction details. Daily TAQ spans all U.S. equities via CTA and UTP consolidated feeds..
- OTC Markets is known for: Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots., Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements., and Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported..
- OTC Markets keeps a free entry point that NYSE (Exchange Data & Tech) lacks.
NYSE (Exchange Data & Tech)
nyse.com
NYSE offers proprietary exchange data across equities, options, and bonds. Real-time feeds cover order books, trades, quotes, and imbalances, while consolidated products like BQT and Pillar Depth provide multi-market views. Historical TAQ and corporate actions are delivered end-of-day or T+1, with 60+ event types tracked. Data is distributed via ICE networks and AWS, with licensing handled through the Data Services Dashboard.
Platforms
Pricing
Quick highlights
- Real-time proprietary feeds by venue: Integrated Feed (order-by-order), OpenBook Ultra and Aggregated (depth), BBO (top-of-book), Trades, and Order Imbalances.
- Multi-market consolidated feeds: NYSE BQT (best quotes & trades) and Pillar Depth (top 10 price levels across NYSE Group, Nasdaq, and Cboe).
- Historical TAQ datasets (end-of-day/T+1) with depth, top-of-book, and auction details. Daily TAQ spans all U.S. equities via CTA and UTP consolidated feeds.
- Reference data packages including Security Master, ADR Master, Short Interest, ETF reports, and Bond Master.
- Corporate Actions coverage with more than 60 event types including dividends, splits, rights issues, spin-offs, IPOs, suspensions, and delistings, updated intraday.
OTC Markets
otcmarkets.com
Primary operator and market data source for U.S. OTC equities via OTC Link ATS/ECN/NQB (SEC‑regulated ATSs). Commercial data products include Real‑Time Level 1+ (inside quote & trades), Level 2+ (full quote book with MPIDs), 15‑minute delayed Level 1+, End‑of‑Day, reference/security master, and compliance datasets (Blue Sky, Promotion/CE, Compliance Analytics). Delivery options include real‑time multicast feeds, SFTP/FTP files, and a REST Disclosure API. Website provides delayed quotes, corporate actions, screeners and issuer news (DNS).
Categories
Platforms
Pricing
Quick highlights
- Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots.
- Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements.
- Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported.
- Disclosure API (REST, JSON/CSV/XML) with app‑key auth; filter by symbol/CUSIP/company; document retrieval; plan‑level rate‑limit guidance.
- Compliance & regulatory data: Blue Sky Data (state eligibility monitoring), Promotion Data file (Caveat Emptor/tier/share data), and Compliance Analytics (multi‑factor risk scoring).
Shared focus areas
Both platforms align on these research themes, so you can stay within one workflow when your use case involves them.
Where they differ
NYSE (Exchange Data & Tech)
Distinct strengths include:
- Real-time proprietary feeds by venue: Integrated Feed (order-by-order), OpenBook Ultra and Aggregated (depth), BBO (top-of-book), Trades, and Order Imbalances.
- Multi-market consolidated feeds: NYSE BQT (best quotes & trades) and Pillar Depth (top 10 price levels across NYSE Group, Nasdaq, and Cboe).
- Historical TAQ datasets (end-of-day/T+1) with depth, top-of-book, and auction details. Daily TAQ spans all U.S. equities via CTA and UTP consolidated feeds.
- Reference data packages including Security Master, ADR Master, Short Interest, ETF reports, and Bond Master.
OTC Markets
Distinct strengths include:
- Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots.
- Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements.
- Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported.
- Disclosure API (REST, JSON/CSV/XML) with app‑key auth; filter by symbol/CUSIP/company; document retrieval; plan‑level rate‑limit guidance.
Feature-by-feature breakdown
| Attribute | NYSE (Exchange Data & Tech) | OTC Markets |
|---|---|---|
Categories Which research workflows each platform targets | Shared: Data APIs, Order Book / Level II, Dividends, Splits Unique: Odd Lots, Spin-offs, IPO, Delisted, Short Interest | Shared: Data APIs, Order Book / Level II, Dividends, Splits Unique: News, Ticker Changes, Regulatory Filings Monitoring, APIs & SDKs, Screeners |
Asset types Supported asset classes and universes | Stocks, ETFs, Options, Bonds | Stocks, Bonds |
Experience levels Who each product is built for | Intermediate, Advanced | Beginner, Intermediate, Advanced |
Platforms Where you can access the product | Web, API | Web, API |
Pricing High-level pricing models | Subscription | Free, Subscription |
Key features Core capabilities called out by each vendor | Unique
| Unique
|
Tested Verified by hands-on testing inside Find My Moat | Yes | Not yet |
Editor pick Featured inside curated shortlists | Standard listing | Standard listing |
Frequently Asked Questions
Which workflows do NYSE (Exchange Data & Tech) and OTC Markets both support?
Both platforms cover Data APIs, Order Book / Level II, Dividends, and Splits workflows, so you can research those use cases in either tool before digging into the feature differences below.
Which tool offers a free plan?
OTC Markets offers a free entry point, while NYSE (Exchange Data & Tech) requires a paid subscription. Review the pricing table to see how the paid tiers compare.
How can you access NYSE (Exchange Data & Tech) and OTC Markets?
Both NYSE (Exchange Data & Tech) and OTC Markets prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.
What unique strengths set the two platforms apart?
NYSE (Exchange Data & Tech) differentiates itself with Real-time proprietary feeds by venue: Integrated Feed (order-by-order), OpenBook Ultra and Aggregated (depth), BBO (top-of-book), Trades, and Order Imbalances., Multi-market consolidated feeds: NYSE BQT (best quotes & trades) and Pillar Depth (top 10 price levels across NYSE Group, Nasdaq, and Cboe)., and Historical TAQ datasets (end-of-day/T+1) with depth, top-of-book, and auction details. Daily TAQ spans all U.S. equities via CTA and UTP consolidated feeds., whereas OTC Markets stands out for Real‑Time Level 1+ (inside bid/offer + trades) and Level 2+ (full quote book with market participant IDs) data products; Delayed Level 1+ on a 15‑minute basis; End‑of‑Day snapshots., Level 2 quote montage specification (fields: MPID, price, QAP, size, time‑of‑update) and display requirements., and Reference & pricing files (security master with optional CUSIP), plus End‑of‑Day pricing files; secure SFTP delivery supported..
Curation & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.