What are the common trading systems for hedge fund automated trading?

External question — Quantitative Finance Stack Exchange Author: zaestau Original post: https://quant.stackexchange.com/questions/3778 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Is there any common trading system that is implemented by hedge fund, especially for equity or forex automated trading? I know some big names like Sungard and Bloomberg. Is there any other choices which the including API?

External answer — Quantitative Finance Stack Exchange Author: Katie Simone Original post: https://quant.stackexchange.com/a/4354 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. There are lots of automated trading system in forex like: EA Shark 7.0 EA Sigma 4.0 FX Pulse 1.0 ProFx 2.0.

External answer — Quantitative Finance Stack Exchange Author: Shane Original post: https://quant.stackexchange.com/a/4525 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. You might want to take a look at the Waters Technology buy side technology awards , especially for execution management systems (EMS). Most hedge funds want to use multiple counterparties so they would want a broker-neutral trading system. As far as I'm aware, the most popular platforms are Portware and Flextrade .

External answer — Quantitative Finance Stack Exchange Author: Andy Flury Original post: https://quant.stackexchange.com/a/8216 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Disclaimer: I work for AlgoTrader. AlgoTrader is used by some smaller hedge funds, especially in the volatility trading area. AlgoTrader is a Java based Algorithmic Trading Platform that enables development, simulation and execution of multiple strategies in parallel. The automated Trading Software can trade Forex, Options, Futures, Stocks & Commodities on any market. The system is based on Complex Event Processing (CEP) and Event Stream Processing (ESP) using Esper. Also, the system does have both a FIX interface as well as Bloomberg connectivity.

External answer — Quantitative Finance Stack Exchange Author: Bikenfly Original post: https://quant.stackexchange.com/a/35410 License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/ Adaptation: HTML converted to plain text; contact email addresses removed. For US equities and futures check out Lime Brokerage (disclosure - I used to work there). Bloomberg and similar systems ARE NOT realistic solutions for an automated trader that care at all about latency.