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Jim:
Thanks for the input. You are right about theory and practice being
different. And maybe that is where I fail on this issue. I have learned a
lot already about people's views on open source and software development in
general.
One of my hopes was that we could get back to talking about how to get the
best platform, or what the best platforms were for specific functions, rather
than personal bashing.
The personal strengths and weaknesses of people, or groups of people, are
certainly an issue in the potential success or failure of a product or
company, no doubt. But there are so many more important issues that come
first.
Thanks again.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 3/25/01 1:59:02 AM Central Standard Time, jimo@xxxxxxxxxx
writes:
<< In theory, an open-source trading platform is very appealing---at least if
the company goes belly up, you've got the source, and can carry on in
whatever manner makes sense, fixing things yourself or paying your local
hacker to do it for you. The dream is always that other trader-hackers
will contribute to the overall product, and everyone will come away with
something more than they could have produced by themselves.
But it's hard to imagine getting the necessary enthusiasm for open source
without the product being available to the Linux community, which is
where most of the open-source action is these days.
As I understand the architecture of Traderware, it's strictly a
Microsoft product, tied to UMDS and Visual Basic. So I think it's
not really a candidate for the open-source model.
I can believe the performance issues raised earlier in this thread.
A real-time trading platform is a demanding piece of software, and
most of the common GUI toolkits are not up to the job. It sounds as
though TW needs a lot of work in its present state. They say in
contemplating major software projects to plan on throwing one away.
Maybe that's the point TW has reached.
Interesting thread. Please keep us posted as things develop.
Good luck,
Jim >>
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