Developing an app for spreading

This is a discussion on Developing an app for spreading within the Trading Software forums, part of the Commercial category; I'm thinking of getting an application developed, as it's impossible to find exactly what I want already existing (apart from ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Dec 20, 2008, 2:34pm   #1
Joined Feb 2008
Developing an app for spreading

I'm thinking of getting an application developed, as it's impossible to find exactly what I want already existing (apart from high-end bank stuff such as Apama). I thought I'd throw it out here and see if I could get some feedback, ideas and perhaps a suggestion of a framework that could be used as a basis (I was actually thinking of Right Edge).

Here's a brief description:
- Ability to add various price feeds
- Multiple brokers
- Defining a financial instrument, feed, value, symbol etc, order routing
- Defining an instrument based upon 2-5 others, with specifics like active quoting, ratios, payup ticks, max sizes per order, min trade sizes, order handling (simultanous, wait for fill etc)
- GUI of static dom price ladder with click trading, customizable
- ladder either of a single instrument or a spread
- blotter with P&L in various currences, instruments traded and averages - multiple brokers consolidated etc
- network status

Now of course, the next level of details is: what brokers, price feeds instruments etc. However it should be object oriented enough that you can just plug in a fix adapter for a broker, or add in either a fix adapter or api adapter for a price feed.

Now, yes I know that what I'm asking for is a bit like X-Trader Pro, but they are too expensive, too rigorous, too limited in markets offered and of course not at all willing to listen to suggestions for improving their product. It's a dinosaur, and should soon be extinct.

I'm thinking of an app where the focus isn't on user friendly, but just getting it to work. Using a place like rentacoder I was thinking about a months development in C# for about five grand.

I should add that with this app you could AS EXAMPLES THEORETICALLY do:

Spread MSFT on ARCA with the Bund
Spread 6E on Globex through TT with EURUSD spot on EBS Prime Prime
Baskettrade Bund, MSFT and 6E wth three different brokers.

Just as examples, that is.

Looking forward to what might come of this post. TIA.
amado is offline   Reply With Quote
Old Dec 20, 2008, 4:14pm   #2
 
arabianights's Avatar
Joined Jan 2007
I can't believe you would get software like that which would be reliable enough to risk money with for even ten times your budget.

Like the idea of spreading MSFT with the Bund though, is that to trade the latest EC anti-competitive judgements
__________________
World's leading STIRs chatroom - www.propboards.com - register, then click on chat. Don't let the lack of posts on the forum put you off - the action happens in the chatroom. Targeted at locals, but hedge funds, brokers (including IDBs), market makers, and a few sizable amateurs are all represented. When it's quiet, banter is encouraged and anything goes.

No nuisance spread betters please. Anyone else welcome.
arabianights is offline   Reply With Quote
Old Dec 20, 2008, 4:57pm   #3
Joined Feb 2008
amado started this thread Oh sure, after I've tested it myself I'd definitely be willing to trade my own money on it. I've worked a lot with software development over the years (although I haven't programmed for 20 years), so I'm feeling quite comfortable it's fully achievable.

The MSFT/Bund is what locals should have gone to when the money dried up :P
amado is offline   Reply With Quote
Old Jan 22, 2009, 10:48pm   #4
Joined Jun 2008
amado,

If you crack this one, ill buy the solution off you for 5k....
davedavethetrader is offline   Reply With Quote
Old Jan 22, 2009, 11:18pm   #5
 
MrMiyagi's Avatar
Joined Aug 2008
Have you checked out SpoozToolz. Trading Solutions for Professional and Active Traders ? not sure if they have everything you need... its an excel based affair.. looks cool.
MrMiyagi is offline   Reply With Quote
Old Jan 23, 2009, 11:35am   #6
Joined Jun 2008
thankyou mr miyagi, i shall have a look. only thing with excel, although its easy to use, it can fall over and might be a little slow....
davedavethetrader is offline   Reply With Quote
Old Jan 24, 2009, 1:11pm   #7
Joined Feb 2008
amado started this thread The app is in development, but it's still at least a month away from completion. Yes, paying about 1.5k usd for TT, it's possible to save 18k usd a year. But it will of course have to be "good enough".
amado is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Curreny Spreading clbfjc Forex 3 Dec 13, 2008 9:58am
Spreading in different currencies hrokling Forex 6 Jun 9, 2008 12:35pm
Anybody Spreading? buy 'em Commodities & Money Markets 2 Apr 18, 2008 4:24pm
spreading Liffe/Eurex GGG Home Trader 2 Nov 28, 2006 7:03pm
The evil bug is spreading NastyItch T2W Feedback & Announcements 3 Feb 26, 2003 8:30pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)