Open source trading platform could be a win for Wall Street

"The project, which has been under development for over two years, is the brainchild of CEO Graham Miller and CTO Toli Kuznets, a pair of Stanford computer scientists. I spoke with them on Monday and learned more about the technology. The Marketcetera Trading Platform is built with Java and is designed to facilitate rapid deployment and ease of extension. It provides APIs and a JRuby scripting engine for extending it with additional functionality and specialized behaviors. The developers say that fairly complex trading strategies can be implemented with only a few lines of Ruby."

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