Trying to help to friend, who wants to establish automatic trading inside hedge fund. Is there any kind of one for all product with function of: data capture layer, data stores/management, analytics, signal generation, order management/routing and risk management ? If not, what would be the closest one ?

I presume that serious funds are not using NinjaTraders, Tradestation, Metatraders and similar and that these are only for retail traders.




1 Answer 1


Indeed, hedge funds don't use platforms like Metatrader.

Normally they use a customized solution where funds can have various requirements relating to its reporting, trading style, company structure etc. The more timing is important (high frequency trading) the more reasonable is a customized solution - typically implemented with C++ for performance-sensitive parts and python for not very performance-sensitive parts.

But we must also say that customized solution can be very expensive so that there are also some professional trading tools that could be worth considering. In this context the Trader Workstation (TWS) by Interactive Brokers (IB) should be noted. It's very powerful and much more adaptable/customizable than most other tools offered.

With TWS you have several risk management tools, sophisticated reporting, an options strategy builder, news, financial data etc. and that all integrated into one single platform.


Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.