Financial industry use cases for Oracle TimesTen in memory database for rapid automated trading systems with low latency
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
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).
Use by some major stock exchanges including Philadelphia.
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|
DeutscheBorse Stock exchange:
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!