Algorithmic Trading Technology Scientific Discipline Update

Lately a release of novel (at to the lowest degree to me) technologies useful to the algorithmic trader came to my attention:

1) Matlab2IB API

I said inwards my majority that it is hard to utilization Matlab every minute an execution platform. As Max has pointed out, this is no longer true. This cheap API connects Matlab to your Interactive Brokers' account. It allows y'all to think historical data, acquire real-time quotes, as well as post orders. In other words, all the basic functions y'all postulate to practice your ain execution engine.

2) R

Many people (hat tip: Steve H.) know that R is an open-source (i.e. free) choice to Matlab. I respect that at that topographic point is likewise an API that connects R to Interactive Brokers, though I convey non tried it myself.

3) Trade Ideas

Trade Ideas (hat tip: Russell M.) is a consummate automated trading platform that provides connections to dissimilar brokerages (scottrade, IB, TD Ameritrade, etc.)

4) Amazon EC2 cloud computing platform

Running out of PC's to run your myriad strategies? Try Amazon's Here is another surgery benchmarks.