R or Python for someone with elementary CS skills?

[2rosy]

Supported? Unless you write it none of the issues I mentioned is supported by any of the off the shelf platforms. At the least not properly.

Orc has all this and is off the shelf

 

[syswizard]

Orc has all this and is off the shelf

Orc ? Please point us in the right direction...I'd like to see it.
Never heard of it before.

 

[volpunter]

Orc costs significantly more than 10k and is not an algorithmic trading platform. At best it's an execution platform with market making / auto quote capabilities.

Orc has all this and is off the shelf

 

[2rosy]

Orc costs significantly more than 10k and is not an algorithmic trading platform. At best it's an execution platform with market making / auto quote capabilities.

Orc is algorithmic. There's also tt ,option city, rts, ...

 

[volpunter]

Yes.....in the most naive ways of defining algorithmic. It can run order algorithms. But it is certainly not a full fledged strategy design, backtesting, and algo strategy deployment platform. I used Orc a while ago (6-7 years ago )to auto quote markets in options.

Orc costs significantly more than 10k and is not an algorithmic trading platform. At best it's an execution platform with market making / auto quote capabilities.

Orc is algorithmic. There's also tt ,option city, rts, ...

 

[syswizard]

If Orc has no programming language and cannot perform backtesting, I don't see it as a viable algo trading platform. Sounds like it's made for market-makers.

 

[2rosy]

If Orc has no programming language and cannot perform backtesting, I don't see it as a viable algo trading platform. Sounds like it's made for market-makers.

You can write logic in java in orc, optioncity or c# on tt. As for backtesting thats what i consider a research platform and seperate

 

[Butterfly]

Please do not consider writing your own algorithmic trading platform if you don't know the language and what you are doing. You are asking for disaster and a spanking par excellence...

got to agree with volpunter for once,

 

[Banjo]

I couldn't program my way out of a wet paper bag, just thought some of you may find this interesting.
http://www.turingfinance.com/random-walks-down-wall-street-stochastic-processes-in-python/