Tag Archives: OpenTick

Quant analytics: The reason why Opentick closed. Affordable Minute tick data will never be possible

Quant analytics: The reason why Opentick closed. Affordable Minute tick data will never be possible

These are the words of a high profile data provider who reached out to us today:

Infrastructural costs are fairly high for high performance storage,
database, etc.
We are currently budgeting $50k for phase one.

I would like to charge $50 per month for the service which would provide
real-time access to tick, 1,5,10,15,30,60 minute bars. Data would be
provided through SDK and web service with json, etc.

Controlling the historical data is a big issue and is probably what killed
OpenTick.
It's ok when someone downloads tick data for a few symbols and uses the data
for its intended purpose.
It's a different story when 100's of data hijackers start grabbing all of
your history for all of the symbols.

Unfortunately tick data is hugely valuable and expensive to get so when
someone offers it for a cheap price the results can be worse than a 90% off
sale at a department store - complete chaos...

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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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Answer our FREE Open Tick poll on the right?? We need answers folks #free, #opentick

Answer our Open Tick poll on the right?? We need answers folks. #free, #opentick

This will help determine market demand. Got comments or ideas, let them fly.

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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!

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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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!

Holy! ActiveQuant includes adapters for ActiveMQ, Interactive Brokers, OpenTick

Holy! ActiveQuant includes adapters for ActiveMQ, Interactive Brokers, OpenTick
Who knew??? Marketcetera makes you pay for their expensive offering!

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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!

ActiveQuant allows you to download tick data for backtesting from Interactive Brokers or OpenTick

Who knew?? Nice surprise! ActiveQuant allows you to download tick data for backtesting from Interactive Brokers or OpenTick
http://www.activestocks.eu/?q=wiki/how_to_get_historical_data_from_ib
I am going to test this right now!! Do I hear a woot woot!

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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!