Algorithmic Trading is the most important part of financial institutions. In algorithmic trading, there are complex mathematical formulas and lightning speed computations that help the financial companies to devise new trading strategies.
Big Data has had a huge impact on algorithmic trading and data science has become its most important feature.
The data present in the algorithmic trading consists of massive data streams and involves a model that measures and describes the underlying data streams. The aim of the analytical engine is to make predictions for the future market by having a better understanding of the massive datasets.