Tag Archives: Open Tick

Quant opinion: Open Tick alternative is ActiveTick which is very affordable

Quant opinion: Open Tick alternative is ActiveTick which is very affordable

Someone commented below as an alternative to free OpenTick:

A good alternative for me was ActiveTick (they’re not affiliated with opentick,

I’ve double checked). They have C++ APIs for windows, linux, and mac osx, as

well as C# and Java. I must say their data stream is excellent, and is very low

latency (I measured 10ms for me, and I’m on the west coast).

http://www.activetick.com/activetick/contents/ActiveTickFeedOverview.aspx

It appears this is only twenty dollars a month. What? Here is the real pricing:

Maximum number of concurrently streaming symbols 500 2000 Unlimited

Monthly subscription fee $49.95/mo $89.95/mo $179.95/mo

Also included is:

Unlimited tick series queries Included Included Included

Unlimited bar series queries Included Included Included

Unlimited static quote queries Included Included Included

Unlimited static fundamental queries Included Included Included

Exchange licensing fees Included Included Included

U.S. equities and Forex exchanges Included Included Included

Unlimited usage of ActiveTick platform

As Borat once said, ‘Very nice!’ This could give all the other tick providers a run for their money.

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IQFEED could be the next best to Open Tick for market data feed capture

IQFEED could be the next best to Open Tick for market data feed capture

This is an actual affordable data provider with API connectivity to futures, options, equity, etc. I am researching but their fee schedule is at

http://www.iqfeed.net/index.cfm?displayaction=data&section=fees

Go in as a non professional for even cheaper rates. I will try this out!

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So how is someone supposed to introduce an alternative to Open Tick or Opentick when everyone wants it for free?

So how is someone supposed to introduce an alternative to Open Tick or Opentick when everyone wants it for free?

This little poll on this site reflects that 75% of respondent are wanting it for free. No wonder they went out of business. It is no where near a viable business model. Oh well, there was a demand but there is no viability to if no one wants to pay. What are the alternatives? Who will pay? Not the cheapskates.

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Gee did the free loaders kill Open Tick? Not like Plenty of Fish ad driven model

Gee did the free loaders kill Open Tick? Not like Plenty of Fish ad driven model
This makes me think that these free loaders may killed the Open Tick services. While it was free for a while, I wonder a how a business with no revenue can give away such services. It is not like a Plenty of Fish model where they offer a free dating site which is ad driven by either Google Ad Sense or even their own ad platform. Those servers and data feed services must have cost thousands a month. They were probably funded by some wealthy venture capital or angel investor.
I mean, if we even decided to offer a similar service, it makes we wonder on how companies like Bloomberg or Thompson Reuters is charging thousands a month. Bloomberg has even a huge division for research so I can see how that works. Obviously the paying customers for these types of services must easily be institutional or investment banks are paying for it. Not only that, but it is of high quality that these rich clients would look for.
So who are these so called free loaders who may have killed Open Tick? Was it is the day traders or swing traders? Was it guys like me who are software developers who do trading as well? Who knows? I mean, I would use Open Tick for free if it was still available. The scary thing is that this mentality probably will never pay for this kind of service. Nothing is stopping a large web player like Yahoo or Google from putting out news or feed server in real time. I have already been wiped out by Google in a past business thanks to Google. As a result, I am little leery in providing this kind of service to the general online public. It would not make sense unless there is a way to monetize it. I am sure another nerd somewhere along the line will provide a free similar service.

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Who wants another alernative OpenTick? FREE OPEN TICK anyone?

This could be an important survey. We have been getting lots of people requesting about OpenTick. As it is no more, we start to wonder why not have have such a service come back to life. If you would to see that day, ensure you fill out the poll below. It is also posted on the right. You can also post a comment on this well.

UPDATE
Help us out by answering this CRUCIAL poll. We are pretty serious in putting something out if there is a market demand for it. You can help make that happen by answering@

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The connection options available within Active Quant, Open Tick, Activ, Interactive Brokers, Onanda, Tenfore, Google, Yahoo

The connection options available within Active Quant, Open Tick, Activ, Interactive Brokers, Onanda, Tenfore, Google, Yahoo
So those are the options. Downloading the source code for Active Quant is straight forward seems to load within Eclipse fine. Be aware there is no front end graphical user interface for this Java based framework. I have posted enough info on this.
Why Active Quant? I would ask more with Marketcetera or QuantLib. From my research, Active Quant is the only sample Java source code I have seen thus far. I have broken down the code and it seems straightforward by analyzing. It has straightforward configuration XML files, testing client code, and the code itself. The next question is how does it perform or how easy is it to work. That is another story.
Let’s hope that Active Quant will be smart in their online documentation. I have not seemed to install and successfully get the market feed downloading from Yahoo. I have had some success with Marketcetera which it all came down to their You Tube channel videos. I just wish Active Quant had the same type of facilities in order for developers like me to get up and running fairly quickly. We shall see once I find the time to do this.
If you can afford the eighteen hundred dollar a month Activ wants, I would imagine you might be more interested in paying your mortgage. I do understand they are fairly professional as well but I would expect that as they are even more expensive than Bloomberg.
So, my next option is Interactive Brokers as they are fairly affordable (I think) for access to their APIs and data feeds. I also have heard it can be fairly slow but that would not be a concern as this is just at a development stage for now. Let me know what you think thus far.

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Does anyone know of an affordable Open Tick alternative provider for proper backtesting?

Does anyone know of an affordable Open Tick alternative provider for proper backtesting?

So here we are resuming my research and investigation on the capabilities of a Quant based Java framework like Active Quant. It seems that connection facility into Open Tick is no good as Open Tick is no longer in business. The reason people have decided to go with Open Tick is because of their vast data feed and being affordable. It seems Open Tick are now out of business since Feb 2010. That is a shame so I am on a hunt for alternative.
As being any other dude with a budget of one thousand to two thousand dollars per month, I clearly cannot afford something like a Bloomberg or Active Financial market feed. It has been recommended to look at a few sites which list some Open Tick alternatives. These include:
http://www.bearcave.com/software/market_trading/resources_and_notes/Market%20Tick%20Data.html
or
http://blog.fosstrading.com/2009/11/opentick-alternatives.html
Based on the first link, there seems to be somewhat affordable market data feed providers. One is listed at sixty dollars a month but goes up to four hundred. I say ouch. None the less, without real market I cannot really forward on any research. Does anyone have any affordable recommendation to go with who might be an Open Tick alternative? Let me know by commenting below.
The other question I have is why did Open Tick go out of business. As according to the second link, a message from Open Tick was sent out. It went something like:

To opentick subscribers, friends, supporters, contributors and the rest of the community…

It has been quite a journey for opentick, and for those of you who have been with us for the ride we cannot thank you enough for the support, contributions and guidance you have given us over the course of the last 5 years. We could not have come as far as we have without you.

However, we are sad to say that the time has come for us to close the doors for opentick. However, this isn’t goodbye. In fact, it’s a new beginning. We will be introducing a fresh service with all the bells and whistles we’ve been slaving on over the course of the last year under a new name, a new website and a new level of service. Check back here in the near future for more information about the forthcoming new company and service. Of course amongst all these changes, there are some things that will remain the same – we still aim to provide a reliable free market data service, with an open architecture for a wide range of software platform support.

If you are a current paying subscriber, this March billing cycle will be your final billing cycle; at your next billing date service will be terminated. If you are a delayed or historical data user not currently paying for service, your account will be deactivated as of Friday, March 20th.

Sincerely,
opentick Staff

This is why you don’t go with Mickey Mouse operations. But surprisingly, I was surprised Open Tick would have been classified as this. Too bad I say. But stick with the larger operators who you know won’t go out of business. It would be a shame to develop an infrastructure and your broker feed provider goes bust. That would be a mess for your systems you develop. I just wish they were more affordable. Still looking. As said, if you know an affordable one, let me know.
Thanks

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Is the ActiveQuant example issues worth pursuing? For sure if you need to learn Interactive Broker connector or Open Tick adapters

Is the ActiveQuant example issues worth pursuing? For sure if you need to learn Interactive Broker connector or Open Tick adapters
I type in ActiveQuant tutorial, it seems there are many gripes against the framework for live examples. As compared to Marketcetera, I was able to successfully implement their Ruby trading strategies. This was thankfully due to their YouTube channel which got me up and running pretty quickly.
As for ActiveQuant, I have hit nothing but headaches when I try to run the imported into code. I am using of course Eclipse but it seems to throw all kinds of exceptions. As it stands, I am following the instructions for both Two Minute Tutorial under Documentation at the framework’s new home of ActiveStocks.eu. The old home still exists at activequant.org but it seems to have moved.
The Two Minute Tutorial seems to be easy to work with until you need to do some tweaks to ensure the Simple Back test java file can see the configuration files. I get exceptions but I would have thought this tutorial would run flawlessly. Nope so don’t expect that unless you are willing to spend a few extra minutes or hours to get something running.
The online documentation seems kind of scant where they assume you know what you are doing. Maybe, but it does not seem they are making easy for people new to Eclipse or Java or even Spring. ActiveQuant leverages pretty heavily off of Spring so know it before tinkering with this framework.
Outside of these gripes, I was able to install Active Quant code with no issue using their 122107 version when checking out of Subversion. Do note there are tonnes of Eclipse warning and errors when trying to import more recent versions. I do believe there was one more recent version which appeared to be stable but had Eclipse issues when checking it out.
The feature set does make it worthwhile in pursuing Active Quant as a potential framework to work with for your algo based high performance system. Just be prepared to work with it and be VERY patient. This is the only framework showing examples of how to import Yahoo, Open Tick, and Interactive Brokers connector and adapters. You need to buy the commercial version of Marketcetera to make that happen. You might learn how to write your own for Marketcetera using the one found in Active Quant. Again, this is worth it.
As for framework momentum, I do believe that documentation will need to be radically improved to have it mainstream. This is how Java frameworks like Hibernate, Struts, and Spring made it. There was a very supportive community that made life easier for the newbies working with these. Let’s hope ActiveQaunt can make that happen.

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