Tuesday, 11 June 2013

How You Can Benefit From Low Latency Market Data Solutions In Excel

Low latency market data solutions in Excel are attractive to anyone who wishes to increase their efficiency and accuracy in the trading market. Low latency together with Excel's benefits allow traders and investors to process market updates and complete orders in a small amount of time thus providing a competitive advantage.

Many establishments are seeking out the most efficient IT infrastructure and applications in order to function well in algorithmic trading. Further decreasing the latency of market data solutions can increase trading companies' efficiency in delivering the vast amount of data as well as coping with the current volatile market.

In order to perform financial transactions, financial institutions use low latency trading to connect to Electronic Communication Networks and stock exchanges. Trading venues define it as the measurement of the processing delay between entering the order and accepting the transmission.

The financial services that are well aware of the value of Excel in management of data, know how extremely beneficial it is to have low latency market data solutions in Excel. While there have been many attempts to create platforms and applications that can provide higher benefits than Excel, this application still has the most demand.

The Excel application is used to handle a number of tasks such as risk management, data management, data exchange as well as publishing and subscribing to real-time data. To make use of Excel's features or applications, financial services have gone through measures to incorporate Excel with real-time market data. Although previous methods have proven successful, they each include some downsides:

1. One common method in the past is the downloading of market data from online sources into Excel. This method can be time-consuming especially when it requires that you visit various websites and then manually copy their data into your spreadsheet.

2. Another method is by way of scraping data from various websites. This involves the use of automation to acquire data from different sources. Its downside is aside from legal complications, this method's success depends on the availability of the source.

3. The most preferred method is availing the service of vendors that provide data and at the same time incorporates this data into an Excel application. While they can provide convenience as well as quality, these services usually ask for a fee.

Currently there are online services that provide low latency market data solutions in Excel. To financial participants who want to create a low latency data distribution system, there are services that have already created an efficient data distribution protocol that includes a data management system as well as database silo storage facilities.



Source: http://ezinearticles.com/?How-You-Can-Benefit-From-Low-Latency-Market-Data-Solutions-In-Excel&id=7096300

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