Shenzhen stock exchange buys kdb+

Kx Systems’ kdb+ chosen by Shenzhen Stock Exchange

9 Sep 2014 | , , , ,
Share on:

Palo Alto, CA (9 Sep 2014) – Kx Systems, a 20-year leader in high-performance database and time-series analytics, has been selected by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) in Shenzhen, China for trading analytics.

Kdb+ is going to be used by the Laboratory for Financial Innovation of SZSE to construct a data analysis platform for market risk assessment, analysis of market performance, trading simulations and other data analysis.

Jibao He, the Director of Information Management Department and Laboratory for Financial Innovation, Shenzhen Stock Exchange, said: “The Laboratory for Financial Innovation strives for excellence in the technology we use to monitor and report on the Shenzhen securities markets. Kdb+ will bring increased speed and scalability to our analytic capabilities as we continue to constantly improve and expand our systems.”

The Laboratory for Financial Innovation is a part of the SZSE that provides market performance reports on key measures of the exchange’s operations. It publishes important reference criteria for market construction of SZSE, and impacts measures adopted by the SZSE such as to reduce trading cost and to improve market liquidity and trading enforcement speed.

Janet Lustgarten, CEO of Kx Systems, said: “The complex and innovative analytic problems that the Laboratory for Financial Innovation at SZSE is solving with kdb+ showcase the opportunities for our software in the Asian market. It will be developing systems with kdb+ that are at the cutting edge for exchange surveillance globally.”

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

SUGGESTED ARTICLES

kdb+ breaks STAC benchmark record

Kdb+ and Intel® Optane™ SSDs break more performance records in latest Intel STAC benchmarks

1 Nov 2017 | , , ,

FD (AIM:FDP.L, ESM:FDP.I) announces that its Kx Systems division is proud to be part of Intel’s latest record-breaking tick analytics benchmark run on the Intel Skylake processor in conjunction with the brand new Intel ® Optane™ SSD DC P4800X. The tests broke 11 out of 17 of the existing response time records for performance on a single server.

kdb+ for Industrial internet of things

Kx Systems Joins the Industrial Internet Consortium

5 Sep 2017 | , , , ,

Kx Systems, a subsidiary of First Derivatives plc (FD), and provider of the industry-leading kdb+ time series database, announces that it has joined the Industrial Internet Consortium (IIC), the world’s leading organization transforming business and society by accelerating the adoption of the Industrial Internet of Things (IIoT). Kx will work with other IIC members to support digital transformation through the adoption of best practices in big and fast data.