diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6f1c41a62..4f32047a2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Made the historical market data editor expandable in the admin control panel
 - Renamed `Subscription` to `subscriptions` in the `User` database schema
+- Parallelized the requests in the get quotes functionality of the _Financial Modeling Prep_ service
 
 ### Fixed
 
diff --git a/apps/api/src/services/data-provider/financial-modeling-prep/financial-modeling-prep.service.ts b/apps/api/src/services/data-provider/financial-modeling-prep/financial-modeling-prep.service.ts
index 32aff4387..518056dfd 100644
--- a/apps/api/src/services/data-provider/financial-modeling-prep/financial-modeling-prep.service.ts
+++ b/apps/api/src/services/data-provider/financial-modeling-prep/financial-modeling-prep.service.ts
@@ -357,6 +357,10 @@ export class FinancialModelingPrepService implements DataProviderInterface {
     }
 
     try {
+      const currencyBySymbolMap: {
+        [symbol: string]: Pick<SymbolProfile, 'currency'>;
+      } = {};
+
       const quotes = await fetch(
         `${this.getUrl({ version: 'stable' })}/batch-quote-short?symbols=${symbols.join(',')}&apikey=${this.apiKey}`,
         {
@@ -364,11 +368,17 @@ export class FinancialModelingPrepService implements DataProviderInterface {
         }
       ).then((res) => res.json());
 
-      for (const { price, symbol } of quotes) {
-        const { currency } = await this.getAssetProfile({ symbol });
+      await Promise.all(
+        quotes.map(({ symbol }) => {
+          return this.getAssetProfile({ symbol }).then(({ currency }) => {
+            currencyBySymbolMap[symbol] = { currency };
+          });
+        })
+      );
 
+      for (const { price, symbol } of quotes) {
         response[symbol] = {
-          currency,
+          currency: currencyBySymbolMap[symbol]?.currency,
           dataProviderInfo: this.getDataProviderInfo(),
           dataSource: DataSource.FINANCIAL_MODELING_PREP,
           marketPrice: price,