OpenQuant is an Automated Trading System (ATS) Development Platform for retail traders designed around the well known SmartQuant Financial Data Analysis and Trading Framework. The framework has been under development since 1997 and it is currently used by leading financial institutions all around the globe.

Their mission is to provide individual traders with an industrial strength strategy development, debugging, backtesting, simulation, optimization and automation platform that helps to “Trade Like a Hedge Fund”.

Features

- OpenQuant is developed on top of the leading institutional trading framework and provides you with a clear upgrade path to professional suite of institutional products and services available from www.quanthouse.com
- real strategy development languages: C# and VisualBasic.NET
- no scripting. OpenQuant always runs compiled code, providing you with the highest possible performance
- portfolio level system backtesting and trading
- multiple asset classes (equities, futures, options, ETF, FOREX)
- multi-currency accounting and simulations
- truly event-driven architecture. There is no artificial “for” backtesting loop. Strategies run in the simulation mode exactly the same way as they run in the live trading mode
- multiple trading systems
- intraday backtesting and automated trading with tick data
- market scanner
- market depth and order book support
- time, tick, volume and range bars
- multiple time-frame support
- technical analysis library with more than hundred indicators
- user defined indicators
- financial mathematics and quantitative analysis library (derivative pricing, implied volatility, etc.)
- linear algebra library (vector and matrix operations)
- strategy optimization, including stochastic optimization
- high performance backtesting and simulations, up to 500.000+ ticks per seconds and more powered by built-in QuantServer data engine
- market, stop, limit, stop limit orders. OCA (One Cancels All) groups. OCA groups simulated internally for brokers not supporting OCA natively
- direct order management: Send, Cancel, Replace orders
- autoexecution, order routing, FIX support, QuickFIX built-in engine. One click switch from simulation to live trading mode

Data Feeds and Brokers

IB, PATS, TAL, ESignal, Photon Trader, MB Trading, TAQ, YAHOO, CSI, Open Tick, IQ Feed, Genesis, Open E Cry, TT X_Trader® via TT FIX Adapter and XTAPI, FIX providers support, QuoteTracker support

What do you think?

• Value For Money: 1.0
• Support: 4.0
• User Friendly: 3.0
• Overall Rating: 2.0

RightEdge is a trading system development platform based on modern, compiled languages. Use RightEdge to design, develop and backtest trading systems. RightEdge can be used to execute fully automated trading systems. Our platform is equipped with a cutting edge integrated development environment (IDE) that includes advanced charting features, a full library of technical indicators, data management, and a pluggable architecture that allows for a high level of scalability and customization. Build trading systems for stocks, futures and forex.

RightEdge supports multiple time frames so that it is valuable to both day traders as well as swing traders. With powerful charting, technical indicators and array of objects such as Fibonacci lines, support and resistance and more, RightEdge will also appeal to those who perform demanding technical analysis.

RightEdge caters to trading system developers that demand high performance systems utilizing industrial strength data storage for high frequency data. Once a trading system is developed, RightEdge can backtest trading systems, make optimization recommendations, and ultimately interface with supported brokers to execute automated trading systems live. Trading systems are executed in a truly event driven fashion allowing for the same code to be run in a backtest (simulation) or live scenario.

RightEdge supports those involved in stock tradiing, futures trading and forex trading no matter what the time frame!

• Value For Money: 1.8
• Support: 1.8
• User Friendly: 1.8
• Overall Rating: 1.8