System Trading: Custom Development or SAS?

Discussion in 'Automated Trading' started by StrategyRunner, Sep 25, 2006.

  1. StrategyRunner

    StrategyRunner Strategy Runner, Ltd.

    Decided you want to connect to the StrategyRunner network, distribute your trading signals or just want to program a custom system for your own usage?
    We have two solutions for you;
    1. Custom Development (by our R&D team)
    2. Strategy Automation Station (e.g., SAS) – integration with 3rd party software

    But what are the pros and cons of each method?

    Custom development, PROS:

    - Live your daily life while strategy is running and executing trades from our computers (Servers), you may shut down your own computer, trading still occurs on our server(s).
    - Monitor your system from ANY computer, whether in work, at home or while traveling
    - Top end service, including integration with your broker, maintenance of strategy and email/phone support

    Custom development, CONS:

    - You must SHARE your intellectual property with SR developers
    - you must KNOW exactly what you want SR to program for you, as changes in the logic of your strategy involve additional costs.

    SAS, PROS:

    - Stay independent, program your own code, add or delete more strategies and feel free to change them anytime you wish (without having to involve SR R&D)
    - Integrate with third party software (e.g., Trade-Station, Wealth-Lab, etc)
    - Keep your own intellectual property, no need to disclose ANYTHING

    SAS, CONS:

    - SAS runs on client (your own) PC, meaning if anything happens to the client PC, trading signals will NOT be sent out
    What may happen to your PC and stop signal generation?
    We’ve encountered the following past scenarios; slow internet connection, PC malfunction, PC breakdown, etc), all these will disable communication between SAS and SR Server.

    SR Support is always available at or by phone at 1-866-312-1184 during market hours. Contact us or post a reply!