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Author Spread Trading Application
jim2372

2005-01-09, 3:55 am

Hello,

I work for a very small trading firm. We are thinking of developing our own
trading application to automatically make spread trades
on the e-cbot platform. We are somewhat unsatisfied with our current
application that performs this functionality.

We will want a windows-based interface to these trades that provides a Depth
of Market view of price activity. This interface will
allow one-click trading on a spread ratio that will then automatically
execute opposing trades (buys in one market and sells in another)
according to the clicked-on ratio. Trade levels will move dynamically with
price activity in both markets. The app must be able totrade different
spreads concurrently from different windows opened simultaneously on the
client's machine.

The e-cbot provides a C interface to its trading servers.

What language would be best for such a program? (I am thinking C++ or C#).
I assume the program will need to be multi-threaded to handle calls to and
responses from the e-cbot servers. Price change events, etc. will need to be
handled properly. The gui will probably need to be double-buffered to handle
dynamically coloring the changing bid/ask prices (blue for bids and red for
asks/offers). Positions will need to be reported to the user within the app.
The app must also login and logout of a user's account through e-cbot.

Conformance testing with the exchange must be carried out before deployment,
etc.

Can anyone on this list give me a ballpark estimate of how long it would
take a single developer to develop such a Windows-based gui trading
interface?

Any information anyone can give me will be greatly appreciated. Thanks in
advance for your help.

Jim Laramie
KLP Trading
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