Today, I was going through a cool open source trading project– Eclipse Trader. It is a RCP (Rich Client platform) and developed using eclipse technologies mainly SWT, JFace etc.

 

PRO’s and CON’s-

 

The good thing about the application is you can define your own data feed say MSN-Money and it will populate all the charts, news and data information fetched from the MSN-Money. By default they are providing yahoo-money, open-tick feed implementation. The UI is really cool and user friendly with proper help feature.

 

This application is in the beginning state you can encounter some issues but due to its functional flexibility, it is one of its kinds in the market.

 

Now comes, the problem with the application. For non coders and non eclipse guys, it’s not an easy choice as creation and implementation of new feed need knowledge of java and eclipse plug-in framework. Although application comes with few implementation examples but still it need some effort. I feel in future they can provide some UI drag and drop or API sort of thing which make this task easy.

 

Technology-

 

Each building block of trading application, say Feed is provided as an extension point. So developer can write their own extensions to these extension points. The application emphasizes on the flexibility of customization.

 

Features-

Full fledge trading application features are given with this application. Like

 

You can create Security, Account, Transactions, Trading orders, Stock watch list, Security History, Charts for graphical analysis of Securities. Beside that portfolio view, pattern view, news views are like icing on the cake.

 

For more info, please refer-

http://eclipsetrader.sourceforge.net/