The real issue is core competency and they would prefer to invest their development skills (and time) into revenue generating activities like coding new trading strategies instead of building and maintaining “plumbing” like market data adapters and FIX connectors.
Filed under: Marketcetera, open-source, Trading Trends | 1 Comment »
Why all the Fuss? High frequency trading has gotten a lot of media attention over the past few days, much of which most of which has been negative. This is due to a couple of factors: The down market has created disgruntled (and vocal) concerned citizens wary of the finance industry. That resentment and distrust [...]
Filed under: Marketcetera, open-source, Trading Trends | 2 Comments »
High-frequency trading (HFT) could use a good image consultant. Everyone from Floyd Norris to Chuck Shumer have questioned the validity and even legality of high-frequency strategies, as they have taken over from exchange floor specialists as the mainstream media’s favorite whipping boy. Unfortunately HFT is a term like “salad” where there are many definitions, and [...]
Filed under: Marketcetera, open-source, Trading Trends | 2 Comments »
Just as high frequency is the future of trading and open source is the future of trading technology, we believe that the cloud will be the future of the trading ecosystem. In today’s world of exploding market data and intense pressure on the financial services industry, buy-side firms and traders will be less able to [...]
Filed under: Marketcetera, open-source, releases, Trading Trends | Leave a Comment »
As we continue to come out with new screencasts available on our YouTube channel, you may be wondering what inspired me to start this project and what you can expect in the future. In the past few years, I’ve found various videos and demos on Ruby on Rails quite useful and informative. Ruby is the [...]
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Aite Group, a Boston research firm, reports that the high frequency trading community is now responsible for more than 60% of average daily volume in U.S. equities. High frequency trades are often executed with automated systems. Data volumes are exploding on Wall Street and the number of trades executed each year is increasing significantly. Traders [...]
Filed under: Marketcetera, open-source, Trading Trends | 1 Comment »
Since the release of the Marketcetera Automated Trading Platform 1.0 in January, we’ve brought on several great new board members and got the ball rolling with exciting new customers. And recently, we’ve heard continuing calls for open source from financial services firms trying to navigate a new market with smaller budgets. When Graham and Toli started [...]
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The September 2008 market crash has certainly shaken up the trading industry. For buy-side firms and hedge funds in particular, the volatile period over the last seven months has required difficult adjustments. The realities of a new market have challenged the assumptions inherent in hedging practices and federal regulations (such as the short selling ban) [...]
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I am very excited to have recently joined the board of Marketcetera. Several colleagues have asked why I joined the board, so here is what I found so compelling about Marketcetera:
Filed under: Marketcetera, open-source, Trading Trends, Uncategorized | 3 Comments »
The financial world is now making way for open source software, and big banks are playing follow the leader. As HSBC, Bank of New Zealand and JPMorgan all announced recently, the open source paradigm is creeping in to their technology architectures. Perhaps we’re witnessing the start of something …. ? Let’s look at the benefits [...]
Filed under: Marketcetera, open-source, Trading Trends | 1 Comment »
