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Dear QC forum,
Just wanted to start a discussion regarding QC comparison vs other C# language oriented automated trading platforms on the market. I would like to understand the advantages/disadvantages using QC vs. Multicharts.NET and Ninjatrader which are the 2 foremost C# language oriented automated trading platforms. Ninjascript actually uses a C# based language, but it is not raw C# and they call it Ninjascript. So maybe a better comparison would be QC vs Multicharts.NET.
If my code from QC backtests and works really well in QC, can I fully use it in Multicharts.NET or is this not possible?
How do you guys compare QC.com vs Ninjatrader and Multicharts? Pros and cons?
Cheers,
Daniel
Jared Broad
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Ysos
Jared Broad
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
Globe
>> Jared Broad, Jul 2013
>> we have already built an API to Interactive Brokers and will add more over time
Hi. Will QuantConnect add other brokers, how many and how quick?
As of now, 3 and a half years after your post in Jul 2013: you added to Interactive Brokers three other brokers: Tradier + forex FXCM and Oanda. It's a very short list. To be broker neutral - more competative brokers for equities should be added. Do you have plans for that? Or it's a story of Fidelity & WealthLab, Interactive Brokers & many (RightEdge, Quantopian, etc.). The whole stuff in quantative retail soft all tends to IB's monopoly. Very sad thing
Ray Bohac
Curious if you have specifc brokers in mind?
There has been further discussion on this topic here:
Many brokers don't have a rebost API or robust support for their API which is a limiting factor as well. As always LEAN is an opensource engine and people are welcome to help contribute to this list.
Globe
Ray, talking about brokers with appropriate FIX & APIs... there is a holly bunch of them, not a couple, I think you do really know it. For example, InfoReach, which is a broker neutral order routing service for institutional clients, has connectors to 140 brokers, ECNs, MTFs, exchanges, ATSs and dark pools worldwide. Yes, InteractiveBrokers does support 80+ markets, still their coverage is much weaker than that of InfoReach. IB does not cover Moscow exchange, for example. Anyway, IB's retail or whatever monopoly - is not a good thing for it's clients. It is a matter of reliability and service paychecks
Implementing and maintaining different brokerages is time and money consumning. Would it make business sense to support a brokerage that only a few costumers use?
I understand QuantConnect (and Quantopian, RightEdge, etc) stance. On the other hand,
I have talked to forex traders that think that Oanda is too expensive. So I believe that QuantConnect will get there with time and, unfortunatelly, in the last 3 years, there was no demand for new brokerages. Maybe because IB is big that give traders some comfort?
Daniel Wardzynski
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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