2012 Review: Big Data Gets Bigger Role in Financial Markets


With use of Big Data on the rise in the financial markets, end-users, vendors and exchanges sought ways to manage and extract value from it, including by leveraging new systems as well as enhancing and repurposing existing technologies.

While stagnant trading activity meant that data volumes did not reach the levels predicted by The Options Price Reporting Authority early this year (IMD, Feb. 6)—though they may yet reach the almost 14 million messages per second predicted for July 2013—firms nev