What is Marketcetera?
Marketcetera is a financial software company and the developer of the open source trading platform also named Marketcetera. This platform links financial exchanges to users through broker services, allowing the use of automated trading systems.
Where have you heard about Marketcetera?
The company was founded in 2006 by computer scientist Graham Miller and Toli Kuznets, and in 2008 they raised $4 million through their investors Shasta Ventures and Jack Selby. The first version of the software for Windows was released in January 2009.
What you need to know about Marketcetera.
In June of 2009 Marketcetera partnered with NYSE Technologies, who are the commercial technology division of Euronext. This partnership provided a “software as a service” platform on the NYSE Technologies Network. Current downloads for Marketcetera exceed 10,000, but bearing in mind that they are an open source software, their main source of income is generated mainly through data and support services. Marketcetera’s main competitors are ultra low latency trading systems such as Reuters and Bloomberg, alongside proprietary competitors such as Flextrade and Embium.
Find out more about Marketcetera.
If you are interested in Marketcetera, see our page on trading platforms.