QuoteOriginally posted by: rectorQuoteOriginally posted by: yomiSince it is a toolkit, it is easier to extend this product than TS using C++ or java. Also, it is easier to use third party commercial libraries within this product. In other words, thisis a toolkit for C++ or Java developers who want to be build large-scale enterprise-wide algorithmic trading platforms.As Traden4Alpha mentioned, the more sophisticated a sytem developer is, the less he/she needs a library of standard technical indicators and the like. What is valuable is the toolbox, where you can plug in your system and get performance analysis, optimise system parameters, compare the performance across different periods and instruments, add a cash management/portfolio management on top of that, and ultimately compare the back-tested performance to real performance. Here all one needs is bells and whistles on top of a stable platform while the actual trading systems can be comfortably developed outside of the toolbox.That is exactly what this software product does. It has implemented all the functionality mentioned above. It is toolkit which can extended and anybody can use their own favourite technical analysis library and their are quite a few being sold or are available from the open source community. Also, it is possible to make this product grid-aware since it is c++ toolkit. Currently, I am doing a lot of research find beter ways to do the performance analysis.

QuoteOriginally posted by: yomiThat is exactly what this software product does. It has implemented all the functionality mentioned above. It is toolkit which can extended and anybody can use their own favourite technical analysis library and their are quite a few being sold or are available from the open source community. Also, it is possible to make this product grid-aware since it is c++ toolkit. Currently, I am doing a lot of research find beter ways to do the performance analysis.That sounds great! Can you elaborate on who the target users are? Is it large institution such as banks, hedge funds, traders on personal account, trading software developers who may want to redistribute your platform together with their own algorithms? Are you planning to add brokerage interfaces or any flavor of FIX connection?

QuoteOriginally posted by: rectorQuoteOriginally posted by: yomiThat is exactly what this software product does. It has implemented all the functionality mentioned above. It is toolkit which can extended and anybody can use their own favourite technical analysis library and their are quite a few being sold or are available from the open source community. Also, it is possible to make this product grid-aware since it is c++ toolkit. Currently, I am doing a lot of research find beter ways to do the performance analysis.That sounds great! Can you elaborate on who the target users are? Is it large institution such as banks, hedge funds, traders on personal account, trading software developers who may want to redistribute your platform together with their own algorithms? Are you planning to add brokerage interfaces or any flavor of FIX connection?This toolkit is targeted at wide variety of users. It can be used by large institution to integrate into their trading infrastructure as well as trading system developers to incorporate their trading algorithms. I am planning to use QuickFix for FIX connectivity and will probably start with the IB interface or anyone that is in popular demand.

A couple of days a go, I read about the woes of the bear steins' failed hedge funds. One of the reasons whythey failed was because they were using excess leverage. It just shows that there is a need for funds like this to adopt a much more systematic approach to money management. At least, they will be able to stay in the game longer.

QuoteOriginally posted by: yomiA couple of days a go, I read about the woes of the bear steins' failed hedge funds. One of the reasons whythey failed was because they were using excess leverage. It just shows that there is a need for funds like this to adopt a much more systematic approach to money management. At least, they will be able to stay in the game longer.Whether you use a systematic trading strategy or trade discretionarily, it doesn't stop you from using excessive leverage. Large losses tend to come from absence of understanding if the nature and scale of the risks or from inability to trade through large losses and effectively locking the loss. The former is likely the case with leveraged subprime mortgage investments and the latter is likely the case with equity funds who couldn't recover summer losses the way the market did.

Yes, I agree with. What I meant is that funds could control the amount of risk they take on through theuse of sound money management/risk control techniques.

The url below is article on what is a trading system written by Dr van-tharp( I have bought some of his books):http://www.trendfollowing.com/whitepaper/van-tharp.pdfI found it interesting and informative. What do people think? Do they agree with him?

QuoteOriginally posted by: yomiQuoteOriginally posted by: pb273QuoteOriginally posted by: yomiDo you have a website?We are in the process of formingup the company and the website will be available ina couple of weeks time.Well it's been over a couple of weeks and I see you still haven't posted a link to a website. Why's that?

We haven't finished the website yet. If you want more info or questions answered, please don't hesitate to ask me. Youcan send me a private message if you want.

Any news regarding the Web-site?