Media Advisory: Systematic, High Frequency Financial Trading and the Data Quandary

Author
SySAdmin
Posted
March 1, 2010
Views
5019

Page All:

Page 1
Media Advisory: Systematic, High Frequency Financial Trading and the Data Quandary

Webinar to feature prominent Industry Analyst Larry Tabb and Vertica customer BlueCrest Capital Management

BILLERICA, Mass., March 1 --   WHO:
  --  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

  WHAT:

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.

  DETAILS:
  --  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: http://vertica.webex.com/vertica/onstage/g.php?t=a&dU5024971.

About Vertica

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 http://www.vertica.com/.

Source: Vertica Systems
   

CONTACT:  Ed Marshall of Beaupre & Co. Public Relations, +1-603-559-5816,
emarshall@beaupre.com, for Vertica Systems

Web Site:  http://www.vertica.com/

Title

Medium Image View Large