[Other] Open Quant / Quant Developer - Platforms and Indicators | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Platforms and Indicators

Open Quant / Quant Developer
Started:December 5th, 2010 (05:25 PM) by niterate Views / Replies:1,843 / 2
Last Reply:December 5th, 2010 (09:10 PM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Open Quant / Quant Developer

Old December 5th, 2010, 05:25 PM   #1 (permalink)
Just starting out...
new yo'k
Futures Experience: Advanced
Platform: NT, desparately looking for something better
Posts: 2 since Dec 2010
Thanks: 0 given, 1 received

Open Quant / Quant Developer

I have been using Ninja Trader for about a year, and have been experiencing some serious issues. I am looking to switch to something more reliable. I heard that OQ/QD is good and is used by hedge funds... Has anyone used it? Is it stable? How does it compare to NT? Would you recommend it?


Reply With Quote

Old December 5th, 2010, 05:25 PM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Old December 5th, 2010, 09:10 PM   #3 (permalink)
Elite Member
Futures Experience: Beginner
Platform: NinjaTrader, TOS
Posts: 798 since Jun 2009
Thanks: 109 given, 784 received

There are four or five all-in-one packages (data, backtest, execution) targeting smaller funds available in the market. The ones I've looked at in depth are all .Net. Depending on the feature set you require and your hardware infrastructure, the cost for those packages will be 5K-10K/month.

Note I say smaller "funds", not individual traders. If you follow the 2% rule and draw a basic wage (keep your expenses below 2% of AUM PA), you need to have at least $10M AUM to justify that kind of overhead. It might also make sense if you have a team of people currently paying for the high-end discretionary platforms and you are moving to an automated environment.

IMHO the QH strength today is perhaps not its OQ software product, but its data network and colocation offerings.

The core selling point of all those packages is time-to-market. The assumption is you have an idea (actually a portfolio of ideas) that makes money and you need to start trading tomorrow. If you are not sure if your idea(s) make money it is an expensive way to find out.

If you don't need to trade until, say, 1 year from now and you or members of your team have strong coding skills, roll-your-own to your API of choice is a viable option.

Take a look at the products from Deltix Labs, 4th Story, and Alphacet if you really want to compare. Marketcetera is worth a look if you need 100% Linux, but note I'm told there is a pretty big difference between the open source code and the commercial code.

Good luck. It is a journey that might make you appreciate the $50/month POS we love to hate .

Reply With Quote
The following 6 users say Thank You to MXASJ for this post:


futures.io > Futures Trading, News, Charts and Platforms > Platforms and Indicators > [Other]       Open Quant / Quant Developer

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
NinjaTrader is Expanding Again. Looking for a .NET Developer NinjaTrader Traders Hideout 1 April 5th, 2011 02:53 PM
quant.stackexchange.com shodson Platforms and Indicators 3 February 11th, 2011 03:18 PM
Volitility indicator question - Open - Open / open - close / close to open andresimon NinjaTrader 2 September 27th, 2010 12:33 AM

All times are GMT -4. The time now is 12:13 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-26 in 0.08 seconds with 19 queries on phoenix via your IP