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SMART Glossary

Data Feed

Intermediate
Trading ConceptsAlso known as: market data feed, price feed

The real-time transmission of market prices, volumes, and other trading information from exchanges to a trader’s platform. In futures trading, data feeds provide the necessary information to make timely trading decisions.

Why It Matters

  • 1Accurate and fast data feeds are critical for execution, analysis, and risk management.
  • 2Delays or errors in the feed can lead to missed opportunities, slippage, or incorrect trade decisions.

Example

A trader uses a live futures data feed to monitor S&P 500 contract prices and volumes in real time, allowing them to enter and exit trades efficiently.

Common Mistakes

  • Relying on delayed or free data feeds for active trading
  • Ignoring feed reliability during volatile market conditions
  • Confusing data feed speed with execution speed
  • Not verifying the feed covers all required contracts and exchanges

Related Terms