fbpx

Financial industry use cases for Oracle TimesTen in memory database for rapid automated trading systems with low latency

(Last Updated On: October 14, 2012)

Financial industry use cases for Oracle TimesTen in memory database for rapid automated trading systems with low latency

 

In summary:

perform real-time analyses need

With Oracle TimesTen, a transaction that reads a database record can be completed in 2.5 microseconds

(measured on Intel Xeon 2.93 GHz processor running Oracle Solaris),

Extreme low latency and predictable microsecond response times enable Oracle TimesTen to provide

real-time access to data for highly time-sensitive operations such as processing transactions, messages and

data streams, whether for trading systems, risk management, fraud detection or other applications

Click to access wp-timesten-financial-334271.pdf

 

Notes: It is used by financial applications such as securities trading, stock exchanges, fraud detection, compliance, online banking, and bond pricing.

When used as a cache to the Oracle Database, it synchronizes data automatically with the Oracle Database. Distributed caches present a single image to applications with location transparency and distributed concurrency control.

Definite low latency metric claims:

requests in microseconds — 1.78 microseconds (0.00178 ms) for a SQL SELECT statement and 7 microseconds (0.007 ms) for a SQL UPDATE statement.

… the Oracle TimesTen In-Memory Database (TimesTen) is used by many customers today as a standalone database at the application tier. TimesTen provides full transactional support for SQL operations and the transaction logs are persisted to disk for recovery (the database is always in memory).

http://www.oracle.com/technetwork/products/timesten/faq-091526.html#GENERAL6

Use by some major stock exchanges including Philadelphia.

 

Also: http://www.oracle.com/technetwork/products/timesten/overview/china-finance-online-db-snapshot-1367347.pdf

the Oracle TimesTen In-Memory Database (TimesTen) is used by many customers today as a standalone database at the application tier. TimesTen provides full transactional support for SQL operations and the transaction logs are persisted to disk for recovery (the database is always in memory).

Holy moly in terms of speed:

 

 NYFIX Cuts Transaction Response Times to Less Than Three Milliseconds with In-Memory Database Solution

Click to access nyfix-customer-snapshot-1367382.pdf

 

DeutscheBorse Stock exchange:

Click to access deutsche-borse-db-snapshot-130682.pdf

 

 

Reduced the order processing time in Xentric Order by approximately 70% for 95% of all orders

 

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
Don't miss out!
Get my TRADE LIKE A BOSS 2 PDF Books

You will received instantly the download links.

Invalid email address
Give it a try. You can unsubscribe at any time.

NOTE!

Check NEW site on stock forex and ETF analysis and automation

Scroll to Top