5 ms·
For the curious, in financial markets ticks are datapoints that represent every order (price, size, conditions etc.) placed (or modified) in the market for a pa
by ddeck 11y ago
For the curious, in financial markets ticks are datapoints that represent every order (price, size, conditions etc.) placed (or modified) in the market for a particular security by a buyer or seller, as well as trades. In liquid equity markets across a large number of securities, this data can have a very high frequency and typical databases are not well suited for it's storage and retrieval.
More generally, tick databases are databases specialized for storing and querying high frequency time series data.