Quote from sanjay_arora:
I have been recently evaluating Marketcetera for deployment in my company compared to some other proprietary tools and got links from this thread about some other open source tools to check out.
Marketcetera does not seem to support FX as yet. Another problem is their lack of out of box support for other than tick data, though esper is capable of building bars from ticks, it will be your job and historical availability will not be there.
Another issue is that routine stuff like indicators etc. is to be user implemented...not available "out of box". Many would prefer this as coding your own indicator may be considered as more accurate if you are a genius or paranoid, but I would like to focus on trading strategy rather than build its building blocks.
But still, Marketcetera is a good framework to build upon, if you would like to roll your own platform.
Broker Adaptors though are Paid. They call them certified adaptors. However, even uncertified adaptor code is not in the platform.
I may be getting someone to code an unsupported/community supported IB adaptor. Have given a proposal to this effect to my company about getting it developed and putting it in open source, if we choose Marketcetera. Lets see what happens.
