Redis for Market Monitoring

TL;DR

This paper demonstrates how Redis can be used to efficiently handle and distribute near-real-time market data using its caching and pub/sub features.

Contribution

It introduces a method for leveraging Redis for real-time market data monitoring and distribution.

Findings

Redis enables efficient real-time data caching and dissemination.

Pub/sub facilitates scalable market data distribution.

The approach improves latency and scalability in market monitoring systems.

Abstract

This note shows how to use Redis cache (near-)real-time market data, and utilise its publish/subscribe ("pub/sub") facility to distribute the data.