Kx Offers Nanosecond Timestamps in Updated Database
Ability to track trades in billionths of a second should be useful in high frequency trading.
By Penny Crosman
September 14, 2009
Kx Systems, a provider of high-speed database and timeseries analysis, has announced today the release of version 2.6 of kdb+. The most significant feature of this release is the addition of nanosecond timestamps as built-in data types. (A nanosecond is a billionth of a second.)
50 year ago this would be seen insane. Now it is needed with HFT dominating the equity markets. It's easy to see how far we have come from the days of old where buy-and-hold investment for long-term capital appreciation ruled the day. It would seem that the initial goals of equity markets have been forgotten.
Who needs mom and pop when you've got the server?
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