As data volumes explode, expect more outages
Waters Wrap: At least for those unprepared—though preparation is no easy task—says Anthony.
On Friday, August 2nd, CJC’s Steve Moreton logged onto his company’s MosaicOA analytics platform to see how the market was responding to a massive market sell-off.
“It was unprecedented,” he told me last week. “I just said, ‘Wow, I have never seen a number that high—ever.’”
The number he was talking about was the market data update rate. And “unprecedented” spikes tend to lead to system outages.
By the following Monday, with the sell-off still in full swing, multiple online brokerages—including
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