Kx Systems Expands Trading Analysis Capabilities

19 Apr 2005 | ,
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Palo Alto (19 Apr 2005) – Kx systems, leader in high-performance
databases and time-series analysis, today extended its
portfolio of financial products by announcing kdb+tow,
an application that enables traders to test sophisticated
models and algorithms by executing them against replayed
historical tick data. The company also announced that it
has ported the kdb+ database and applications to Microsoft
Windows Server 2003 x64.

"Trading is becoming increasingly automated," said
Janet Lustgarten, Kx CEO, " and proprietary trading
models have become the key to competitive differentiation
in the financial services industry. To take advantage of
split-second market opportunities, traders must be prepared
with pre-tested, advanced algorithms that determine whether
to execute trades in real-time."

Kdb+tow, an application layered on the kdb+database, enables
traders to test their models against actual market ticks
saved in history. In this way, traders can have confidence
that their most sophisticated algorithms will result in
real market gains for the firm and its clients.

In order to use kdb+tow, a firm needs a historical database
to replay as the models are tested. Kx Systems offers kdb+tick,
a tick database and time-series analysis application that
enables firms to capture ticks in real-time each day while
also building a vast historical database. Kdb+tick automatically
builds the historical databases replayed by kdb+tow.

"People often associate ticks with real-time capture
and analysis only," explained Arthur Whitney, Kx CTO. "But
in today’s more sophisticated trading environments, that
approach is too limited. If you can’t save tick data in
history, you’ve lost the ability to test your models against
real activity in the market, and you’ll fall behind in
how quickly you can develop and launch new strategies."

Customers can also elect to use kdb+tow with any source
of historical data, including flat files, as well as with
kdb+taq, a fast loader of NYSE TAQ data into the kdb+ database.

With kdb+tow traders can test
their models against any date range: today, yesterday,
the past week, the past 10 years. Analyses are run at
faster than real-time speeds so that traders can perform
sufficient tests on each algorithm and see the results
immediately. "kdb+tow provides
financial firms with unprecedented competitive potential," said
Whitney. "You can typically replay an entire day’s
worth of market data in one minute."

Like all products in the kdb+ family, kdb+tow is available
for 64- or 32-bit operating environments: Linux, Windows,
Solaris. Binary compatibility between the 32- and 64-bit
kdb+ family enables firms to migrate applications easily
to 64-bit machines. In addition, binary compatibility ensures
that firms can continue to test historical 32-bit data
in newer 64-bit environments without porting or rewriting

Kdb+tow is available worldwide now.

© 2018 Kx Systems
Kx® and kdb+ are registered trademarks of Kx Systems, Inc., a subsidiary of First Derivatives plc.


Sun buys Kx technology

Sun Trading expands Kx Systems technology for global proprietary trading

5 Dec 2012 | , , , , , ,

Chicago (5 Dec 2012) – Sun Trading Solutions LLC (Sun Trading), an affiliate of Sun Trading LLC, will expand its use of the Kx Systems kdb+ database to support growth across its global proprietary trading activities. Through the kdb+ database, Kx Systems, the leader in high-performance database and time series analysis, enables Sun Trading to […]