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Does Tradelink trading platform have limitations? Oracle CEP solution? Open source C++ alternatives?

(Last Updated On: June 28, 2013)

Does Tradelink trading platform have limitations? Oracle CEP solution?  Open source

This was a comment posted about my Tradelink video:

 

 

 

Tradelink has a lot of limitations. It doesn’t have CEP. If you want to incorporate data other than price data, such as fundamental/event/news data, you need a CEP system.

I know you said that Deltix is too expensive, and that esper/algo-trader/open-source has horrible documentation, but there may be another way.

Have you looked into Oracle Event Processing? It competes with Streambase, Sybase and Apama CEP.

http://www.oracle.com/technetwork/middleware/complex-event-processing/overview/index.html

It should be free for developer/academic and non-professional usage. The Documentation is pretty decent.

It can communicate with SQL and Java. So, you can set-up MYSQL to import IQfeed data, then create matlab java functions using the JA/ Builder Tool and then execute using the TWS Java API or Quickfix/J.

You said that the production server for matlab was prohibitively expensive, right, and the adapter that tradelink has for matlab/r/ is proprietary, so, maybe this is a possible solution?

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First, CEP is more of a fad than anything. I would easily go with a Big Data solution with Hadoop and other sexy trends technologies. For me, I could easily develop this equivalent in Matlab’s Simulink with Stateflow for event based coding. I see no other need if I want it. You could easily find other .NET libraries that maybe integrated into this. Either way, I like my Stateflow/Simulink option. I have no trust in Oracle with their butchered updates from the Java world.

A decent open source CEP solution would be

http://triceps.sourceforge.net/

 

 

 

 

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

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