Kx System released the latest version of their kdb+tow application, it announced Monday.
Kdb+tow v. 2.3 enables traders to replay tick data more quickly, thus slowing them the ability to develop and test new algorithmic trading strategies, Kx Systems says.
The new software also allows users to adjust the granularity of the information based on levels of need.
Depending on the level of granularity required, users can now replay day’s worth of NYSE TAQ data, roughly 120 million records, in about one minute, the company says, giving users more time to develop accurate algorithms.