Interactive Brokers: The API of Many FlavoursInteractive Brokers (IB) was at the forefront of API development in the earliest days of automated trading and now has thousands of individual and institutional clients using the various flavours of its API. Automated Trader's founder, Andy Webb, talks to Pete Spiro, Senior Programmer at IB, about the API and its users.
Stockholm SyndromeThe Swedish word lagom doesn't have a direct equivalent in English. Loosely translated to mean 'in moderation', it's basically all about finding the right balance. Lagom is something of a mantra for Swedes, who seek it in all aspects of life. So, as Adam Cox reports, it should come as little surprise that the concept of lagom appears to have been a guiding principle in the development of the Swedish marketplace.- Why can't we be friends? MMT and the quest for data standardsIt's not every day that rival data vendors, venues and other companies gather round the table and agree to work together towards a common goal. But the rapidly progressing Market Model Typology (MMT) initiative shows that this kind of cooperation can happen, and the benefits are expected to be enormous.
The scientific methodSystematic Alpha Management has been using cutting-edge trading techniques since 2001, some of which are based on scientific principles. Peter Kambolin, the fund's chief executive officer, and Alexei Chekhlov, head of research, talk to Automated Trader's Adam Cox about their methods and their experiences using tools such as the formulae used to understand wind turbulence in order to navigate the markets.- Lawyers to the rescue!What's the difference between a lawyer and a mosquito? One's a blood-sucking parasite, the other is an insect. What's the difference between a lawyer and a liar? Pronunciation.
The accidental quantErnie Chan says it was not by design but by chance that he ended up in the market. As accidents go, it turned out to be a happy one. A theoretical physicist by training, he's also that rarest of traders who likes to talk openly about his ideas rather than keeping them secret. Ernie tells Automated Trader Editor Adam Cox about his research into mean reversion and momentum strategies and his journey from science to finance.
Eternal Sunshine of the Spotless DataYou're only as good as your data. Whether it's pre-trade research or post-trade analysis, so much comes down to how accurate and how complete your dataset is. But cleaning and maintaining good data is generally not thought of as the sexiest part of being in the financial markets. It's a chore, the scope of which is often underrated and underappreciated. So Automated Trader sought to speak to a range of specialists to hear what they said about the importance of data hygiene.
Markit partners with Social Market Analytics Markit says study confirms social media sentiment measures are effective signals of future stock performance.
FXCM offers micro Spread Bets and CFDs FXCM clients can now trade global indices and commodities at a reduced pip cost.
