Wednesday, April 15, 2009

IBM System S and Options Trading

Press release here

"IBM unveiled a prototype of an automated options trading system. During the project, scientists at IBM Research collaborated with TD Securities to achieve a 21 times performance improvement on the volume of data consumed by financial trading systems."

Glad to see that System S is finally seeing the light of day.

Opher, any comments?

©2009 Marc Adler - All Rights Reserved.
All opinions here are personal, and have no relation to my employer.


Opher Etzion said...

Hi Marc. I am not sure why you want me to comment, since typically I leave the IBM product promotion to others -). Since you asked: IBM has announced last year on a portfolio of various products that fall under the broad category of "Business Event Processing", one of them has been labelled as "Infospheres Streams" and it is a direct descendant of the "System S" project of IBM Research. It is intended to do stream processing (where stream is taken as a broad term including video streams, voice streams etc..) aimed at very high througput applications, like the prototype for TD mentioned in the press release, which was still done as a research activity. The Infosphere Streams product is under development now, so stay tuned for announcement on availability as a product.



Anonymous said...

ibm is also working on algorithms to automate business decisions:

rumor has it the model takes a business question as inputs, and then simulates a coin flip.

early results are very similar to most real world decisions.