Kx Plays Tick, Taq, Tow

DATA DISPLAY & ANALYTICS

Kx Plays Tick, Taq, Tow

Kx Systems, a Palo Alto, Calif.-based provider of data management and analysis databases, will release this week Kdb+tow, an application designed for back-testing program trading strategies against historical price data.

The system is aimed at proprietary traders in investment banks and hedge funds. But it is also designed for staff who write automated trading models that need to be tested before being put into production in a live trading environment: "the people whose

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