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”With a global order book already at 250GB, and MiFID likely to drive this data set into the terabyte level, firms have to think about how to store the data, and how to access the data for trading, analytical and regulatory purposes. There are still many firms that cannot recreate the state of their order book to accurately represent the decision-making process into a specific trade as required by MiFID.“
– Brad Bailey, Senior Analyst, Aite Group |
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