Market Data & Reliability¶
Where the data comes from¶
Lavender computes Greeks; it does not redistribute OPRA quotes. The market-data inputs Gateway uses to calibrate the model come from established, licensed market-data partners that hold OPRA and equity-market-data licensing in their own right.
What this means for you¶
- No OPRA license required to run Gateway. The data feed Gateway consumes is licensed to Lavender; what Gateway returns to you is computed Greeks, not redistributed quotes. This is why every endpoint zeros bid/ask and other market-data fields (Differences on any compat page lists the specific fields).
- No dividend schedule, yield curve, or borrow rates to maintain. Lavender pulls or computes these inputs through its own pipeline.
- Data-redistribution review at funds: Gateway does not redistribute exchange data. For specifics required by your firm's compliance review, contact info@lavender-ts.com.
Reliability posture¶
Gateway is a single binary that runs on your machine, talking to Lavender's central infrastructure for subscription validation and computed results. This local-binary architecture has a few properties worth understanding:
- The Greeks engine is local to you. Once data inputs reach your binary, Greeks are computed locally using Lavender's ultra-high performance pricing engine.
- Outages of an upstream feed surface as a
502with the standard retry-after-seconds guidance (Error handling details). Same failure model as a direct vendor outage; same client-side mitigation (exponential backoff with retry). - The math is verifiable. Every Greek the API returns is reproducible from first principles -- see Verify the Greeks. If a number ever looks wrong, you can derive the expected value yourself; you don't need to file a ticket and wait for vendor validation.
- Maintenance is predictable. Restarts and upgrades run nightly, 3:00-4:00 ET (Housekeeping window). Outside that hour Gateway runs without interruption.
For incident handling or planned-deployment concerns, contact info@lavender-ts.com.
See also¶
- Network requirements -- outbound hosts/ports and entitlement-check failure behavior
- Differences on each vendor compat page
- Verify the Greeks -- reproduce every Greek from first principles