John,
While we don't have explicit support for Forex trading in
Marketcetera, we do have some people that have been using the
Marketcetera Platform to trade currencies.
Behind the scenes you are still sending FIX messages to brokers, so
the only complicated part is to figure out what fields to use and what
values to specify in them.
Photon does not support Forex directly - it is setup to trade
Equities, and the upcoming version will have Equity Options as well.
However, you can map the Symbol field to your Forex symbol, such as
EUR/USD, and you will still be able to generate a valid FIX message
that contains all the fields to enable Forex trading.
We've had people use other tools to create messages (such as custom
trading algorithms) that just drop the order on the Marketcetera
message queue via JMS and other integration paths, and then
Marketcetera takes care of routing the order.
You can, for example, use the following Quickfix/J pseudocode to
create a Forex order:
Message buy = new NewOrderSingle(new ClOrdID("123"),
new HandlInst(HandlInst.AUTOMATED_EXECUTION_ORDER_PRIVATE),
new Symbol("EUR/USD"), new Side(Side.BUY), new
TransactTime(new Date()), new OrdType(OrdType.FOREX_MARKET));
buy.setField(new OrderQty(10000));
buy.setField(new Price(10));
We will definitely add a dedicated Forex order ticket to Photon in the future.
I've created an RFE to track this:
http://trac.marketcetera.org/trac.fcgi/ticket/355Since we know much more about Equity/Options trading than Forex, would
you mind creating a Trac account and commenting in the bug to specify
what other features we may need to enable Forex trading?
Let me know when you create a Trac account so that i can give you
access to creating/modifying tickets. You can post anonymously as well
if you prefer:
http://trac.marketcetera.org/trac.fcgi/wiki/Marketcetera/NewTicketLet me know if you have any other additional questions
thanks!
On 7/21/07,
[hidden email] <
[hidden email]> wrote:
> Is it possible to trade currencies with Marketcetera ? Will there be support
> for it ?
>
> Cheers,
>
> John.
--
Toli Kuznets
http://www.marketcetera.com: Open-Source Trading Platform
download.run.trade.
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