Automated Trading Strategy Software

Pete · November 29th, 2004, 4:08 pm

Can anyone recomend a fairly basic and cheap (possibly free) system/environment that can execute "pairs trades" or a partial/optimized basket vs. an index according to rules and ranges that you specify? Ideally it can interface into an execution platform such as RediPlus or IB.

Ngam10 · January 8th, 2005, 7:28 pm

Look at Tethystech's Execta platform. I do not know how much it costs but I know the traders here love it.

rp10029 · January 12th, 2005, 4:29 pm

QuoteOriginally posted by: PeteCan anyone recomend a fairly basic and cheap (possibly free) system/environment that can execute "pairs trades" or a partial/optimized basket vs. an index according to rules and ranges that you specify? Ideally it can interface into an execution platform such as RediPlus or IB.redi has a pairs trading engine.

dc · January 13th, 2005, 8:30 am

QuoteOriginally posted by: PeteCan anyone recomend a fairly basic and cheap (possibly free) system/environment that can execute "pairs trades" or a partial/optimized basket vs. an index according to rules and ranges that you specify? Ideally it can interface into an execution platform such as RediPlus or IB.As rp10029 indicated, REDIPlus can handle pairs and baskets. Check out their website at SpreadTrader and IndexTrader. I looked at the SpreadTrader product and was quite impressed...

Pete · January 13th, 2005, 10:46 pm

IndexTrader and SpreadTrader are very nice apps but SLK charges a high per share fee for executing through these platforms. I was looking for more like a Portware or Flextrade alternative that can route via FIX. Thanks.