Many thanks Eugene, this is very helpful. 1. The key reason I began looking at JBT rather than JArbitrager is the book level functionality. While the underlying securities for my strategies have okay liquidity, the sizes I trade are larger than the top of book bid/ask sizes, and so I need to be able to see the full book to understand likely average fill prices. The book data is also an input to determining appropriate entry points. Do you feel it's likely going to be easier to add multi security capability to JBT, or order book capability to JArbitrager?
2. Totally agree. Monitoring and post-trade analysis are crucial. Regardless of which platform I use, I'll be linking it to my existing DB to record positions, execution etc. I already have analytics in place for this, so the inbuilt charting etc is less of an issue. I also do my strategy development and testing primarily in R, which is why I'm not focused on the backtesting and optimization side of things. 3. Yes, if only market orders, then no real drama here. In the long run, I'd intend to add limit order functionality, which complicates things immensely when dealing with multiple legs that are conditional on each other. My intention is to develop a much more comprehensive system over the longer term, so although I'm only looking to add multiple securities initially, the plan is to add a great deal more in the future. To this end, I'm looking for a good java base to begin from. Brad -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To view this discussion on the web visit https://groups.google.com/d/msg/jbooktrader/-/n5X3iPkGVbcJ. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
