Part 2/12:
Financial institutions like Indoney operate in environments where data freshness can mean the difference between profit and loss. As the speaker elaborates, capturing stock price ticks at a millisecond granularity enables traders and algorithms to analyze market movements with precision.
Indoney's system ingests up to 0.5 million ticks per minute, which can spike to 2.5 million during peak days such as election results or major economic announcements. These data points fuel multiple use cases:
Real-time charts: Essential for traders to monitor live market trends.
Historical candle creation: Slicing data into various granular candles for analysis.
Price alerts: Notifying users instantaneously when prices hit specific thresholds or significant percentage changes.