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A trading system is a computer program that will submit orders to the market. It can be user driven or completely automated.
1
vote
Main backtesting & trading solutions: QuantFactory, Deltix, etc.
There are many:
Marketctera
iQuantTrader
CEP Trader
IQBroker
Algo Trade
ActiveQuant
TradeLink
Orc
FlexTrade
Portware
Apama
Aleri
etc
Try a Google search to find more.