OpenQuant - SmartQuant's new product for the retail market

Pro_Trader720 · Apr 23, 2007

The software would be awesome if it weren't for countless bugs and lack of documentation/support.

Quote from bluelou:

FYI,
SmartQuant recently launched OpenQuant for the retail user. It's a simplified version of QuantStudio which is an automated trading and development platform. The price is $499 for a perpetual license or $29.99/mth. Also, there's a 30 day evaluation version. The programming language is C#.

I've just read through one of the manuals but haven't started looking at the product just yet. I'm cautiously optimistic that this may be a relatively inexpensive way to begin to bridge the product gap from shitty retail offerings like TradeStation (which I use) to institutional platforms.

http://www.smartquant.com/openquant.php

-BlueLou

OpenQuant · Apr 23, 2007

Quote from Pro_Trader720:

The software would be awesome if it weren't for countless bugs and lack of documentation/support.

http://www.smartquant.com/doc.php

http://www.smartquant.com/forums

TraDaToR · Apr 23, 2007

Can you program strategies based on DOM with OpenQuant?

What kind of feed do you need for such systems?

Thanks

OpenQuant · Apr 24, 2007

Hi,

yes, OpenQuant supports OrderBook and OrderBookChanged event handler in the strategy development API.

Regards,
Anton

TraDaToR · Apr 24, 2007

Thanks.

Larry Gordon · May 23, 2007

Hi,

Does OpenQuant support downloading historical data from IB?

What about OpenTick?

Thanks,
Larry.

makloda · May 23, 2007

Quote from Larry Gordon:
Does OpenQuant support downloading historical data from IB?

It's like asking if you can run your brand new Ferrari on ethanol. If you want to run a high quality product, please consider paying the price for a high quality data feed. IB can and probably will never provide industry strength level historical tick level data. At least I hope so. I want them to focus on being a broker and not a data vendor.

Larry Gordon · May 23, 2007

As far as I know IB historical bars are good enough for backtesting and the price is good for me

acerbits · May 23, 2007

Anton, could you post a list of differences between OpenQuant and QuantDeveloper?

MidKnight · May 23, 2007

Quote from makloda:

It's like asking if you can run your brand new Ferrari on ethanol. If you want to run a high quality product, please consider paying the price for a high quality data feed. IB can and probably will never provide industry strength level historical tick level data. At least I hope so. I want them to focus on being a broker and not a data vendor.

I strongly agree with this post. The broker should receive top marks for being a good broker, not a data provider. Similarly, my data provider should receive top marks for providing my data, not brokering.

OpenQuant looks great, I've looked at it several times in the past and I'm keeping my eye on it.

Best regards,
MK