Analyzing Full Market Depth with a Real-time Tick Database

  • Do you work with level 2 and level 3 market data, or would you like to?
  • Are you interested in doing more with the data you have, but are constrained by the computational cost?
  • Is instant order book reconstruction for any time point valuable to you?
  • Are you dissatisfied with the latency of data warehouses or data lakes? 

If any of these questions relate to you, here are the top 5 reasons why Quasar is your ideal tick database :

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1.  20x less data storage cost, saving millions

Thanks to the industry-proven, patented compression algorithms optimized for market data, Quasar compresses the data faster than it arrives, significantly reducing disk usage while enabling fast queries.

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 2. No data lag

Achieved through streaming compression,  novel data structures, and an innovative hybrid in-memory/disk architecture, Quasar has a track record of handling large data sets and delivering sub-second complex order book analysis for level 3 market data. 

3. Level 3 market data offers the complete picture

With the help of unlimited ingestion capabilities, Quasar can capture the entire market depth in real time instead of just level 1. This data is instrumental not only because it’s necessary for compliance but also because it contains crucial insights to help build better strategies.

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4. Real-time data analytics

In addition to data compression and unlimited ingestion capabilities, Quasar also offers real-time data analytics during the ingestion and query processes, such as order book reconstruction or slippage calculation.

5. Quick deployment 

Quasar supports edge devices and protocols, such as Nasdaq ITCH, for data capture and analysis,
empowering immediate data access and usage by quants.

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Interested in a real-time tick database?