Media Advisory: Systematic, High Frequency Financial Trading and the Data QuandaryBy Vertica Systems, PRNE
Sunday, February 28, 2010
Webinar to feature prominent Industry Analyst Larry Tabb and Vertica customer BlueCrest Capital Management
BILLERICA, Massachusetts, March 1, 2010 -
-- Larry Tabb, Founder and CEO, TABB Group -- Mark Holt, Head of Systematic Implementation, BlueCrest Capital Management -- David Menninger, VP of Product Management and Marketing, Vertica
While the systematic trading of financial products strategies started in
the U.S. equity market, it has spread to U.S. futures and options, foreign
exchanges, overseas markets and now threatens to become the primary method
for trading virtually all products. While all of these products and markets
are unique, they all require the ingestion, analysis and processing of
massive quantities of real-time data. The amount of data that needs to be
analyzed is incomprehensible. On an average day the peak amount of U.S.
market information for exchange-traded products that needs to be analyzed
exceeds 1.5 million messages per second up from a peak of less than five
thousand messages a second only a decade ago.
-- Larry Tabb, Founder and CEO of TABB Group will discuss the opportunities and challenges of aggregating, analyzing and trading off of an increasingly gargantuan amount of data that needs to be analyzed by the microsecond. -- Mark Holt, Head of Systematic Implementation at BlueCrest Capital Management will describe some of BlueCrest's systematic trading applications and how BlueCrest approaches the challenges associated with the volume and frequency of data involved. WHEN: Tuesday, March 2, 2010 from 11:00 a.m. - 12:00 p.m. ET WHERE: To sign up, please visit: vertica.webex.com/vertica/onstage/g.php?t=a&d=555024971.
Vertica Systems offers a true columnar analytic database management
system that combines columnar storage with execution running on
industry-standard hardware. Co-founded by database pioneer Dr. Michael
Stonebraker, Vertica has developed column-oriented analytic database
technology with an MPP architecture that lets companies of any size store and
query very large databases orders of magnitude faster and more affordably
than other solutions. The Vertica Analytic Database is available as software
only, as a hardware-based appliance, as a virtual appliance on VMware or
online as a cloud computing solution. The technology's unmatched speed,
scalability, flexibility and ease of use helps Vertica's 120+ customers
including JP Morgan Chase, Verizon, Mozilla, Comcast, Level(3) Communications
and Vonage capitalize on business opportunities in real time. Vertica is
headquartered in Billerica, Mass. For more information, visit the company's
Web site at www.vertica.com.
Ed Marshall of Beaupre & Co. Public Relations, +1-603-559-5816, emarshall at beaupre.com, for Vertica Systems
Tags: Billerica, March 1, Massachusetts, United Kingdom, Vertica Systems