Welcome to Marketcetera
Welcome to the documentation for version 4 of Marketcetera, an open-source algorithmic trading platform licensed under the GPL 2.0 license.
Marketcetera connects to your market data source and executes trades according to the algorithms that you write. It is designed for low-latency trading and distributed deployment. You can run the trading engines headlessly or through the Marketcetera desktop frontend.
Use cases
Marketcetera serves the needs of traders, trading teams, and trading IT departments.
For Traders, Marketcetera is a platform to:
- Write algorithmic trading strategies
- Automatically run these strategies
- Execute and manage orders programmatically and through a graphic interface
- Monitor prices
- Define parameters of risk
For managers and administrators, Marketcetera is a place to:
- Administer FIX sessions
- Provision users and scope access
- Supervise trader actions
For IT departments, Marketcetera provides a foundation to build an algorithmic trading infrastructure:
- Deploy a trading platform in a distributed platform
- Customize the open-source foundation in any way they want.
All functionality is exposed through an extensive API.
Free and open-source
The Marketcetera platform is free and open-source software (FOSS). Besides the free price, open-source software offers a value proposition of its own. Engineers may do whatever they want to customize, extend, and fix the platform, with no transactional overhead of waiting for or communicating with vendors. The platform can run entirely within the traders' own infrastructure, bringing built-in data security and privacy control.
Even if you do not customize the platform in any way, you or your security team can still audit every line of code in the entire platform. Only open-source software brings such security through transparency.