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Open source trading platform could be a win for Wall Street
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| Linux and open source software are a key component in the underlying
| infrastructure of the finance industry, but the higher layers of the stack
| are still dominated by a multitude of proprietary, in-house solutions. A
| software startup called Marketcetera aims to change that with a new, open
| source platform for building automated trading systems.
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http://arstechnica.com/news.ars/post/20090114-open-source-trading-platform-could-be-a-win-for-wall-street.html
Recent:
Bringing Open Source Software to Trading Desks
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| Marketcetera, a Silicon Valley-based start-up, has developed open-source
| trading software that it says will make the creation of custom financial
| trading systems easier and cheaper. Rather than creating their own products,
| financial services firms, hedge funds and others can pick up the Marketcetera
| Platform software and use it as a basic framework for their operations. The
| financial companies just plug their algorithms and trading policies into the
| system and let it handle the demanding processing jobs required to obtain and
| analyze financial data.
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http://bits.blogs.nytimes.com/2009/01/14/bringing-open-source-software-to-trading-desks/
Trading Up to Open Source
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| The new code that has been added to these established projects is released
| under the GNU GPL v2. That's welcome, but there's a slightly misleading
| statement on the home page regarding downloads...
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http://www.computerworlduk.com/toolbox/open-source/blogs/index.cfm?entryid=1742&blogid=14
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