Open Source for Auto/Algo?
Issue 10 Q3 2008
Automated Trader Magazine
Open source software has made huge strides in terms of credibility in recent years. So is now the time to consider it for auto/algo trading? Graham Miller, CEO of Marketcetera, definitely thinks so.
By Graham Miller, CEO of Marketcetera
Picture this: you want to build an automated trading system to take advantage of ongoing price discrepancies in US listed equity options. This system will allow you to scale up the strategy to a significant portion of your P&L, so clearly you will code this in-house with your most trusted software developers. Open source software is probably the furthest thing from your mind. However, as the project gets underway, you are surprised to find that much of the code that will ultimately make up your trading system is not proprietary, and may even be available as open source software. ...
Subscribers Only Content
This article is for subscribers only, please either log into your account above or click here to purchase a subscription for Automated Trader Magazine.
Registered viewers can post questions and discussion points about this article below
Discussion of articles is limited to registered users. Click here to register now click here to return to the top of the page