[trade-samarai]

Technical Analysis of Stocks & Commodities mag. 2009 annual poll results

Stock Brokerages:
1) IB
2) TS
Futures Brokerages
1) IB
2) TS
Forex Brokerages
1) IB
2) TS
Real-Time Data
1) TS
2) eSignal
Institutional & Professional Platforms
1) TS
2) IB
Options Analysis Software
1) IB
2) TS
Options Trading Systems
1) TS
2) Optionetics
Futures Trading Systems
1) TS
2) eSignal
Stock Trading Systems
1) TS
2) eSignal (Advanced GET)

[diablo272]

It would be interesting to see the choices available in that poll.

[trade-samarai]

Here's a portion of the ballot:

[momentom]

Interesting idea. Let's make a decision based upon the opinion of a group of people of whom probably 90% are using those tools to lose money.

[diablo272]

Well you know something may be amiss when the IB feed beats out the likes of CQG, Reuters, and Bloomberg, but it's still interesting. Though I probably could have guessed that the two most used feeds are IB and TS.

[FDAXHunter]

That'll be due to the fact that at least most people that use CQG, do not read SAC magazine!

Originally Posted by diablo272 »

Well you know something may be amiss when the IB feed beats out the likes of CQG, Reuters, and Bloomberg, but it's still interesting. Though I probably could have guessed that the two most used feeds are IB and TS.

[BillyRay]

For a good all around trading platform, I would suggest looking at RightEdge. Programming abilities in C# or dot net is a plus.

[trade-samarai]

Hi Diablo:
The IB feed didn't beat out Bloomberg, etc. The IB brokerage was voted #1 but the data feed wasn't even honorable mention.

Here's the complete list of survey winners for RT data:
Winner: TS
First Runner-up: eSignal
Finalists: Bloomberg
MetaStock QuoteCenter
TeleChart Platinum
Semi-Finalists: Genesis Financial
Reuters Data
Honorable Mention: DTN.IQ

Here's the complete list of survey winners for Institutional Platforms:
Winner: TS
First Runner-up:: IB
Finalist: eSignal
Semi-Finalists: Bloomberg
Honorable Mention: NinjaTrader
Reuters


If memory serves correctly, TS is only about 10% as large as IB in terms of its client base. TradeStation can be used as a platform without using the brokerage ($250/mo.). CQG, MetaStock QuoteCenter and RealTick were listed as top contenders in 2008, but dropped off the list in 2009. TeleChart, MetaStock, VectorVest Pro, and Amibroker, etc. were listed under the Standalone Analytical Software.


I watched a Linda Raschke webinar last night promoting her execution/charting platform Photon Trader (futures and CME currencies currently). She also uses TS and CQG. She uses TS for charting and back testing, etc., but not for execution. She said that she sometimes uses CQG for execution occasionally (as she has for years). PhotonTrader has drag and drop chart ordering like NinjaTrader. I've also read that LightSpeed Trading is good, except with volume spike days (like TS).

Here's Barron's Broker table for 2009 (stock oriented):
[media]http://online.wsj.com/public/resources/documents/barronsbroker-final2.pdf[/media]

[url=http://online.barrons.com/public/article/SB117288684364425609-_TkK_XmuteKNFWPDdkZQepxN5 y8_20070404.html?mod=9_00 02_b_free_features]Tools of the Trade - Barrons.com[/media]