XTX Markets Open-Sources TernFS Distributed File-System for Large-Scale Trading Data
By
guiambros
Not artisan, but a perfectly fine bagel. Hits the spot.
Summary
XTX Markets, a major algorithmic trading firm handling $250 billion in daily volume, has open-sourced TernFS, their custom Linux distributed file-system developed to handle their massive 650+ petabyte storage needs for trading data. TernFS is designed specifically for reading and writing large immutable files that are typically not modified after creation.
Key quotes
· 3 pulledXTX Markets as one of the largest algorithmic trading firms that handles $250 billion in daily traded volume and relies on around 650+ petabytes of storage
XTX developed TernFS for distributed storage after they outgrew their original NFS usage and other file-system alternatives
TernFS is a distributed file-system for dealing with reading and writing large immutable files -- immutable in the context that they are typically not modified after being created
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