I'm always on the lookout for new and interesting ways the Cloud is being leveraged, and EdgeBook, a forthcoming securities data service, meets that criteria. With Xignite, the EdgeBook Cloud service will allow compliance officers,traders, analysts and academics to retrieve replays of a given market day and its order book.
The GUI will enable slicing of specific segments of historical data to use for back-testing and analysis. In keeping with scalable conventions, accessing data will be totally self-service.
Kevin Carrai, Connectivity Services at Direct Edge, says, this approach “...enables us to provide an innovative, valued-added product with a rapid time-to-market."