How Can Big Data Help Optimize Trade Execution?
Googling “Big Data” results in 2.1 billion hits in 0.4 seconds. That in itself is big data indeed. According to a McKinsey study, big data is impacting the private sector as well as government, retail, healthcare, the computing industry, and academic research. The financial industry had been progressing into this area well before the “big data” label was applied. In this post, we explore what it means to work with large sets of market data and the challenges of doing that well to generate best execution for the client.