Source: https://databento.com/docs/datasets/baty-pitch


# Cboe BYX Depth

**Dataset ID**: [BATY.PITCH]($PLATFORM_HOSTNAME/catalog/us-equities#BATY.PITCH)

Cboe BYX disseminates full depth-of-book data for their exchange through their Pitch Feed, which Databento receives over UDP multicast in our NY4 data center.

The [Multicast Depth of Book (Pitch) Specification](https://cdn.cboe.com/resources/membership/US_EQUITIES_OPTIONS_MULTICAST_PITCH_SPECIFICATION.pdf) is available as a PDF from Cboe's website.

> **Info**
>
> The Databento team is currently working on this article.

### Symbol convention

Raw symbols in this dataset use the **Nasdaq** convention (e.g. `BRK.B`, `AAC+`), even though the source venue is Cboe rather than Nasdaq.
See [CMS vs. Nasdaq symbology](https://databento.com/docs/conventions/symbology.md#raw-symbol) for the per-dataset convention map.

### Timestamps

Cboe messages received by Databento will generally include one timestamp with nanosecond precision.
As with all of our datasets, we also collect a `ts_recv` timestamp when the packet was received by our capture server.

| Databento Field | Pitch Field | Description |
| `ts_recv` | N/A | The capture-server-received timestamp. |
| `ts_event` | Time + TimeOffset | The matching-engine-received timestamp. |
| `ts_in_delta` | None | The difference between `ts_recv` and `ts_event`. Redundant and can be safely ignored. |

More details about our timestamps are available in our [timestamping guide](https://databento.com/docs/architecture/timestamping-guide.md).

### Statistics

Databento provides Opening Price and Closing Price statistics, normalized from the *Auction Summary* message. These statistics
have the auction uncrossing price and quantity for the respective event.

### Imbalance normalization

Cboe BYX provides information about opening and closing cross imbalances in their *Imbalance* message.
Databento normalizes each message into a record in the [imbalance schema](https://databento.com/docs/schemas/imbalance.md).

| Databento Field | Pitch Field | Description |
| `ref_price` | ReferencePrice | Collared price at which the periodic auction would trade. |
| `paired_qty` | min(BuyShares, SellShares) | The number of shares that are eligible to match at the `ref_price`. |
| `total_imbalance_qty` | abs(SellShares - BuyShares) | The number of shares not paired at the `ref_price`. |
| `auction_type` | AuctionType | **P**: Periodic auction. |
| `side` | BuyShares, SellShares | The market side of the order imbalance: **B**id (buy) imbalance, **A**sk (sell) imbalance, **N**o imbalance. |

### Flags normalization

The `F_PUBLISHER_SPECIFIC` flag provides no additional meaning in this dataset and can be safely ignored.