RSJ Implements Kx Systems' kdb+

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RSJ is based in Prague, above.

The Prague-based proprietary trading shop, among the leaders in derivatives trading on NYSE Liffe, will use Kx's database and time-series analysis platform to support modeling for its algorithmic trading systems.

With a primary focus on market making, RSJ uses several months of tick data in liquid securities and collects over 10 million records daily for Eurodollar futures, alone, to run intra-day simulations and what-if trading scenarios. After evaluating several possible alternatives and deciding on Palo Alto, Ca.-based Kx, the firm partnered with consultancy Devnet to rapidly implement kdb+, doing so with minimal hardware changes over three days.

"We are seeing substantial improvements with Kx's kdb+. As well as very significant reductions in processing times, where previously a query on a day's data would take a couple of hours, with kdb+ we can write a query in a couple of minutes and see the results in seconds. This allows us to react to market situations almost immediately. kdb+ provides us with quick support for brainstorming and allows us to do things we were previously unable to do," says Martin Ducháček, head of algorithmic system development at RSJ.

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