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    Forums ›› Technically Speaking ›› Automated Trading ›› Automated trading through API. Need advice.  


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WinstonTJ
 

Registered: Jan 2009
Posts: 1947

 

07-26-12 10:19 PM

There is such a wide range in what people consider automated trading that it would be very hard to recommend you a platform without knowing what requirements you have (latency, data, securities traded, frequency of trades and style of trading/strategy).

TWS works great for a lot of automated traders. I don't think there are any better or worse platforms out there - just some are more or less appropriate for the circumstances.

Without posting a little bit about what your intent is only you can decide what is appropriate or not.

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Occam
 

Registered: Apr 2009
Posts: 471

 

07-27-12 10:06 PM


Quote from forse:

Yes, I understand that these are two different API.

API Laser bit confused, a little information on the Internet and, judging by the reviews, does not work very stable.

Sterling operates through the API more stable than the laser? I understand you correctly?

If one can work through the IPA Sterling, then why do we need laser API?




If you're going to work through IPA, I'd recommend one with a high IBU -- and even then I don't think you're going to make any money through it .

In considering automated trading systems, you're proposing a pretty involved endeavor and probably need to do a lot more homework before asking questions like those you're attempting to pose here. Google works wonders in this department -- "sterling api", "laser api", etc.

If you're serious about automated trading, FIX may be your best option. It's "broker neutral" and has far more robust features (retransmission, etc.,) than "platform" API's, which are usually just a library that hooks into a pre-existing, and perhaps unstable, point-and-click "trading platform".

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iqtaa
 

Registered: Jul 2012
Posts: 3

 

07-30-12 11:42 PM

We've used Sterling and realized it's not feet good for hft. We were able to send 20 orders max per second. Their API spec is pretty good but cusomer support is terrible. We couldn't get any formal respond on our questions and were solving our problems always by our own.

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