Andy Flury

Have a look at the feature comparison of the two AlgoTrader versions .

AlgoTrader is based on Complex Event Processing (CEP) using Esper and therefore accommodates strategies that cannot be programed with procedural programming languages. CEP is a very good technique to get started with algorithmic trading. With this technology time-based Market Data Analysis and Signal Generation are coded in EPL (similar to SQL) statements, whereas procedural actions like placing an order are coded in plain Java Code. The combination of the two provides a best-of-both-worlds approach and accommodates strategies that are predominantly time-based and therefore cannot be programed with traditional procedural programming languages. Also, the total amount of code is usually much smaller, even for complex strategies. AlgoTrader is not a Chart based Trading Platform (like Tradestation, MetaTrader or NinjaTrader). It does not have drag-and-drop functionality and hundreds of indicators. It is our belief, that successful strategies are based on economic facts and not on extensive back-testing or chart pattern analysis based on many different technical indicators. Features: Automate Trading Strategies based on Complex Trading Rules Develop, Simulate and Trade multiple Strategies in parallel Multiple Broker Interfaces and Market Data Providers Support for Forex, Options, Futures, Stocks, Commodities & more Support for Synthetic Instruments & Custom Derivative Spreads Several build-in Execution Algorithms Multi-Account Functionality Automated Forex Hedging & Options Pricing Engine Based on Open Source Technology like Esper, Spring & Hibernate Scalable / Low Latency / High Throughput Architecture and much more… There are two versions available of AlgoTrader: An Open Source Version that you can download for free from http://code.google.com/p/algo-trader/ A Commercial Version (with Support and Professional Services) is available from http://www.algotrader.ch

AlgoTrader http://www.algotrader.ch AlgoTrader is now available as a commercial product (with Support, Professional Services, etc.): The AlgoTrader Enterprise Edition now has many new Features, including three different GUI's, different Broker Interfaces (Native and Fix), support for custom Derivative Spreads, several built-in Execution Algorithms, an Option Pricing Engine, and much more. The system is still heavily based on Open Source Technologies like Hibernate, Spring, ActiveMQ & AndroMDA. Full Documentation is available Also, AlgoTrader is still based on Complex Event Processing (CEP) using Esper and therefore accommodates strategies that cannot be programed with procedural programming languages.