Kx Systems has announced new speed gains for its kdb+tick application, achieved by eliminating the latency between data capture and data analysis.
“Today’s onslaught of tick data streams in 24×7 from multiple exchanges worldwide. The trading firm that acts on this data faster stands to make enterprising trades microseconds ahead of the competition,” said Simon Garland, Kx CTO. “Zero latency kdb+tick makes streaming data usable in applications immediately.”
Kx says latency is reduced because kdb+tick v. 2.2 removes the traditional delay between the capture of streaming data and its availability for applications. Thus, traders are able to receive every single tick instantly. Applications written using kdb+tick can, for example, update a spreadsheet in real time with every tick that streams in. Thus, kdb+tick gives traders more time to respond to market conditions in real time.
Also, by removing the latency between tick data capture and analysis, kdb+tick endows applications dependant on extreme speed, such as auto trading and program trading, with more time to execute advanced strategies. It becomes feasible, for example, to perform full depth-of-book program trading on billions of ticks in a single trading day.
Kx offers kdb+tick worldwide on Linux, Solaris and Windows x64 operating systems.