May 2021 Summaries

Alpaca's new data feed is a reliable and high-volume source of US stock market data, providing ultra-low latency and 100% market coverage through direct connections with exchanges. The Alpaca Data API v2 offers unlimited real-time and historical data, robust systems for data accuracy, and flexible pricing plans for developers, including a free plan and a business plan for internal use. With the new data feed, developers can focus on building trading/investing applications and algorithmic trading strategies without worrying about data constraints, making it easier for fintech companies to survive and thrive.

The Alpaca platform has made changes to its REG/TAF fee calculation method for all customers, effective April 26, 2021. The new "Daily-consolidated" approach aims to provide greater clarity and transparency in fee calculations. This change was made after a thorough analysis of the company's internal accounting methods and bookkeeping model, following customer feedback that highlighted issues with the previous "Per-transaction" method. As a result, customers will see fewer charges due to skipped unnecessary roundups. The updated account activity records on both the dashboard and API should provide clearer insight into REG/TAF fees assessed on sales transactions.