Systematic option trading platform

Discussion in 'Strategy Building' started by stepandfetchit, Oct 1, 2015.

  1. For any who do systematic OPTION trading, Black Box or Gray Box: Can you share your experience/recommendation on platforms/tools? Or even a list of candidates...
    Thnx.
     
  2. For trading platforms itself, take a look at Thinkorswim and/or IB; both have plusses and minuses.
     
  3. kcgoogler:
    TOS does NOT support systematic algorithmic option trading. (I heard a rumor they plan to support some algorithmic trading in the future to compete with TradeStation, but no WHAT or WHEN data yet.)

    I currently use TOS as my primary trading platform, but am looking for something that allows gray/black box Option trading algorithms.
     
  4. rmorse

    rmorse Sponsor

    As an option MM I used Actant Quote. As a "customer" to can use Actant Exstream. It uses scripting to execute your strategy. Are you trading equity options or options on futures? For options on futures, Option City is worth a look.

    http://www.actant.com/
    http://www.optionscity.com/

    Bob
     
  5. You can use IB's API to do this. It's not hard to get started with their API provided you have a programming background. If you're looking for tools to help you analyze data and find opportunities/algorithms, those are easier to find.
     
    Last edited: Oct 1, 2015
    xandman likes this.
  6. xandman

    xandman

    Do you know any good frameworks or know where to find UML diagrams? Thanks.