advice on automated trading tools

Quote from prt_systems:

...The number of off the shelf commercial products, and open-source products that are available to use for these purposes is sufficient....
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If possible, would you provide names of such open source products. Sure would be nice to find something like this in the dotnet world.
 
Quote from prt_systems:

Actually your rate is about half what a qualifed person would get to build something from the ground up..... However.....

There is very little demand/need anymore to create customized rule engines from scratch. The number of off the shelf commercial products, and open-source products that are available to use for these purposes is sufficient. The only enitities that are building these from the ground up are larger software houses that have a full product to market - no niches really left to fill - or very large trading organizations (and within these firms their needs have largely been met).
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That rate is what I'd expect to pay out to a sub/independent with that skill set - I would not bill them out at that! Plus, I do business in Ohio :) The normal bill rate out here to a client for a J2EE contractor (my area of expertise) is around 85-100/hr, which I would probably pay 60-75/hr on a 1099.

rules engines: i doubt there are any robust ones out there that a non-techie trader could easily use "on the fly". I've worked with plenty of rules engines, but I've yet to come across a non-techie business user that could honestly write the sript/rules.. We ended up writing a very specific engine for dummed down plain english rules for an insurance company, and they still ended up having a 'semi-techie" type person updating/editing them.. not a porogrammer per-se, but somebody along the lines of a closet-programmer/hobbiest type.. Just like they all think they can have their business users do their workflow modeling :) never happens, as guys who are good and know the workflow engine of choice bill at 180.
 
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