stock-bot/docs/core-services/market-data-gateway
2025-06-03 09:57:11 -04:00
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.gitkeep work on market-data-gateway 2025-06-03 09:57:11 -04:00
README.md work on market-data-gateway 2025-06-03 09:57:11 -04:00

Market Data Gateway

Overview

The Market Data Gateway (MDG) service serves as the central hub for real-time market data processing and distribution within the stock-bot platform. It acts as the intermediary between external market data providers and internal platform services, ensuring consistent, normalized, and reliable market data delivery.

Key Features

Real-time Data Processing

  • WebSocket Streaming: Provides low-latency data streams for market updates
  • Multi-source Aggregation: Integrates data from multiple providers (Alpaca, Yahoo Finance, etc.)
  • Normalized Data Model: Transforms varied provider formats into a unified platform data model
  • Subscription Management: Allows services to subscribe to specific data streams

Data Quality Management

  • Validation & Sanitization: Ensures data integrity through validation rules
  • Anomaly Detection: Identifies unusual price movements or data issues
  • Gap Filling: Interpolation strategies for missing data points
  • Data Reconciliation: Cross-validates data from multiple sources

Performance Optimization

  • Caching Layer: In-memory cache for frequently accessed data
  • Rate Limiting: Protects against API quota exhaustion
  • Connection Pooling: Efficiently manages provider connections
  • Compression: Minimizes data transfer size for bandwidth efficiency

Operational Resilience

  • Automatic Reconnection: Handles provider disconnections gracefully
  • Circuit Breaking: Prevents cascade failures during outages
  • Failover Mechanisms: Switches to alternative data sources when primary sources fail
  • Health Monitoring: Self-reports service health metrics

Integration Points

Upstream Connections

  • Alpaca Markets API (primary data source)
  • Yahoo Finance API (secondary data source)
  • Potential future integrations with IEX, Polygon, etc.

Downstream Consumers

  • Strategy Orchestrator
  • Risk Guardian
  • Trading Dashboard
  • Data Persistence Layer

Technical Implementation

Technology Stack

  • Runtime: Node.js with TypeScript
  • Messaging: WebSockets for real-time streaming
  • Caching: Redis for shared cache
  • Metrics: Prometheus metrics for monitoring
  • Configuration: Environment-based with runtime updates

Architecture Pattern

  • Event-driven microservice with publisher-subscriber model
  • Horizontally scalable to handle increased data volumes
  • Stateless design with external state management

Development Guidelines

Error Handling

  • Detailed error classification and handling strategy
  • Graceful degradation during partial outages
  • Comprehensive error logging with context

Testing Strategy

  • Unit tests for data transformation logic
  • Integration tests with mock data providers
  • Performance tests for throughput capacity
  • Chaos testing for resilience verification

Observability

  • Detailed logs for troubleshooting
  • Performance metrics for optimization
  • Health checks for system monitoring
  • Tracing for request flow analysis

Future Enhancements

  • Support for options and derivatives data
  • Real-time news and sentiment integration
  • Machine learning-based data quality improvements
  • Enhanced historical data query capabilities