Making Decisions in a Blink
Traders Magazine, August 2006
The database is dead. Long live ESP! With the explosion in algorithmic trading has come a voracious appetite for low latency data and a need for a speedy way to query that data. But the old ways of data management-querying a database built by a Sybase or a Microsoft-are ineffective when processing thousands of pieces of information every second. So now, sophisticated broker-dealers and high-end money managers have latched onto a new data management technology that allows their trading systems to make decisions in the blink of an eye.
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