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Simple... versus the tools inside the top investment banks. I'd estimate that the publicly available tools are at least 10 to 15 years behind.
by reduce 12y ago
Simple... versus the tools inside the top investment banks. I'd estimate that the publicly available tools are at least 10 to 15 years behind.
- spitfire 12y agoMore than that. Further still, the publicly available tools trend towards only covering the "algorithm" part of the problem - that's what's sexy. Missing out is things like risk management, money management, allocation, OMS vs EMS, etc. Trading for most prosumers is a vanity hobby, though they don't know it.
- dodders 12y agoPlus tickets, sales tools, blotters, order management, routing, reports (reg and otherwise) etc...