The Market Data Tsunami
OPEN PLATFORM
In the last year, market data traffic peaks have doubled. It looks like they’re going to double again.
By Jeff Wells, chairman of the Financial Information Forum’s market data capacity committee and senior vice-president, product development, Reuters.
Is the use of the term "tsunami" an overstatement? I think not. In mid-1997 we saw peaks of 900 messages per second come from the listed, Nasdaq and equity options markets in the aggregate. In February 2004 we saw high peaks of around 31,000
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