We quickly realized the value we could offer clients by investing in a quality product from our archives, one that was easy to access and reliable. Encouraged by key clients, we decided to commercialize our data offering, building out a suite of historical and real-time market data and analytic products. This created a clear growth opportunity for the company and gave professional clients what they needed – clean, reliable options market data with high quality analytics that aligned with the live SpiderRock trading information they already trusted. 

Fueled by steady industry growth, our young data business was gaining traction until COVID introduced new challenges. While unsettled by the initial uncertainty, we transitioned to remote work and pushed forward. This shift played to SpiderRock Data’s competitive strengths and solidified our role as a vital vendor. Working closely with some of the world’s premier options volatility trading firms gave us valuable insights, allowing us to refine our strategy and map out a clear plan for the future. 

With a potentially volatile geopolitical year ahead, here are five key steps we are taking to improve and position our data business to benefit clients: 

1. Continuing to Invest ​in ​Data Quality. Our top priority is to continually enhance quality in every area. Across SpiderRock, we are refining our infrastructure and proprietary tools to better support clients. Specifically, for SpiderRock Data, we are focusing on optimizing analytics and datasets in real-time and throughout the day.
2. Improving Data Access. In addition to upgrading our intra-day data, we are working to make large volumes of options data more accessible, improving our customers’ ability to analyze option data quickly. We are enhancing support for third-party platforms to provide upgraded formats and faster access. 
3. Offering New and Unique Datasets. A significant percentage of the options market activity occurs through auctions. In Q4 2024, our sister company, SpiderRock EXS, launched an options ATS as part of our platform upgrade. The system has shown promising early performance, and its unique auction data will soon be integrated into our product offerings.
4. Including FLEX Data. One of the defining trends of the options industry in the last few years has been FLEX options. We will be offering FLEX trading data in a way that is both accurate and actionable.
5. Leading With Creative Partnerships. SpiderRock Data recently launched a partnership with Nation’s Indexes.  With our deep options industry expertise, extensive options data, and powerful real-time API tools, we created an affordable way to access Nation’s Indexes in real-time. This unlocks innovative volatility index products via API or Nation’s new web-based subscription service, and this is just the first of several creative data partnerships in our pipeline.  

Today, SpiderRock Data and Analytics is uniquely positioned to provide innovative solutions for our existing clients, fueling new research and potential alpha generating opportunities, while efficiently onboarding new clients. Having moved ​well ​beyond our startup phase, we’ve built a deeply experienced team of options industry professionals who believe it’s not just our role to provide data, but to collaborate with our clients to find better solutions through new tools, datasets, and innovation. At our core, we prioritize customer service and innovation, setting ourselves apart from larger providers that often have a ‘take it or leave it’ approach due to their size and market entrenchment. 

If anything we’ve described resonates with you, we encourage you to reach out at datasales@spiderrock.net. We intend to remain focused on addressing client challenges and collaborating to find better solutions. Trading is already a daunting endeavor, so partnering with the right data provider can make a significant difference in meeting and exceeding your business objectives. Thank you for reading, and we look forward to our next conversation. 

Happy Trading,  

​​Kasia Kobylarz, Manager of Business Development, Data & Analytics. ​​​ 

Sales and Business Development, Data & Analytics 

Kasia leads the business development efforts for SpiderRock’s Data & Analytics Business, which she helped to create in 2019. She joined SpiderRock in 2017 as a business analyst and has grown quickly into her leadership role in the Company’s data business. Kasia holds undergraduate and graduate degrees in accounting, an M.B.A. from Northeastern Illinois University, and a PhD in Business Management from the University of the Cumberlands.

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