Developing a Desktop Algorithmic Trading Tool

Client

The client is a privately-funded proprietary trading firm managing the supply and distribution chains of several products that are offered for sale to market vendors in North America, Europe, and Asia/Pacific.

The Challenge

The customer needed a complex algorithmic trading tool to be written in C++ for executing trades through the Interactive Brokers Gateway API. The tool should perform proprietary mathematical and if-then-else logic functions that are managed through a graphic user interface. The tool should also support automatic broadcast notifications through emails and text messages. Paper-trading with appropriate logging abilities has to be supported as well.

First Line’s Solution

First Line’s team of software developers and QA engineers developed, tested and fine-tuned newly created algorithmic application with the use of Interactive Brokers API. First Line provided full-cycle implementation and QA, based on the TDD (Test Driven Development) approach and using XP (eXtreme Programming) practices.

Results

The trading application was successfully delivered and installed into the customer’s virtual cloud environment.

Technologies & Tools

Technologies & Tools: MFC, ODBC

Programing Languages: C++

Asset Classes: Stocks, Futures

Frameworks & Protocols: Interactive Brokers API (IB API)

Integrations: IB Trader Workstation (TWS)

Download Case Study

Client References

I want to express my gratitude for all of your team’s hard work, support and extra help. We are very grateful for all that you have done for us.
Senior Project Manager, a U.S. specialty digital design and web development agency

Your quality of work is exceptional, and your flexible approach has allowed us to build and deploy a large amount of complex functionality in a very short space of time. Kudos to everyone for their professionalism and for delivering results that exceeded our expectations.
CEO, leading social media analytics provider

We have never had a better release that we can think of. And that is all because of your hard and dedicated work. So here is a big THANK YOU to everyone from all of us!
Editor, leading Scandinavian newspaper

For a software vendor like ourselves, picking the right development partner is crucial. First Line’s technical expertise and solid project management, coupled with their proficiency in Agile methodologies, have made them an integral part of our product development group.
VP Product Development, leading enterprise software vendor

Our First Line Team has been doing a great job. All of the guys check in great code, and they have a forward thinking mindset, not a feature-to-feature approach. They are also very open in terms of sharing knowledge, which is critical to running productive distributed teams.
Application Development Director, global marketing company

We've all learned a lot from you, and it is great working with you.
Application Development Director, global marketing company

The First Line team has an excellent process and we can learn from your team and improve.
Product Owner, Strategic Software Consultancy

I would like to thank the First Line development team for their dedication and high level of quality in their work. Despite being thousands of miles apart, we have been able to work quickly, effectively, and intelligently. Your team has been a major part of why we have been successful thus far.
VP Engineering, e-learning startup

First Line is a great technology partner capable of delivering complex, ‘industrial grade’ projects. They have demonstrated strong technical competence and solid understanding of the media and publishing domain. We have also been very impressed by the management team's attention to our needs and commitment to our success.
CEO, leading European digital media company

Your effort is the #1 reason that this project is going so well. I've worked with a lot of teams over the years and there are very few teams that I trust and respect. When you are given a task or feature, I never have to worry whether or not it will be accomplished on time and I never worry about the quality - you always deliver.
Architect, Strategic Software Consultancy

The team we put together in the last half of this year is one of the most productive, skilled and enjoyable I’ve ever worked on. It’s great to see the product brought to life, and I’m proud to work with all you folks.
Senior Architect, Fortune 100 company

The First Line Software team is professional, results driven, and proactive. I know that when we provide requirements for new functionality, they will not only deliver on the scope of what has been asked but will look beyond and give insight into how we can make our product even better. It has been a privilege to work with First Line Software, and I look forward to continuing our partnership in future.
VP, global marketing company

related projects

all projects

Our customer, an innovative fintech startup, envisioned a system that would connect millions of point of sale terminals in retail and other establishments across the country to a single cloud-based backend, which would allow to track, record, store, analyze, and visualize cash transaction data so it can be used for a variety of purposes (fiscal, retail analytics, digital marketing, etc.).

Show details

The basis of the project was to enable interoperation of the co-payment participants’ smartphones over Bluetooth LE protocol. The payments are transferred by means of REST API which was provided by the organizer of the hackathon.

Show details

The client envisioned a platform that would enable businesses to connect with potential and existing lenders using social media channels. It would allows its users to integrate their Facebook, Twitter and LinkedIn accounts into their funding campaigns to reach a broader circle of potential lenders.

Show details

David Tedford

Vice President

D.Tedford@firstlinesoftware.com

David Tedford has over 20 years of sales experience within the IT/software industry. He excels at being immersed in a customer's environment, understanding his customers requirements, crafting solutions to meet those requirements, and ultimately providing solutions to his customers.

Cambridge MA, USA

+1-877-737-7178

1 Broadway, 14th Floor, Cambridge MA 02142, USA

Vladimir Litoshenko

Senior Vice President

V.Litoshenko@firstlinesoftware.com

As the head of business development for First Line Software, Vladimir heads up business development in Western Europe and Russia.

Vladimir began his career in IT in 2002, when, as a student of Faculty of Automation of Computer Science of the First Electrotechnical University (ETU “LETI”), he began his work at The Morfizpribor Central Research Institute (CRI). Vladimir joined the StarSoft team (predecessor of First Line Software) in 2004 as a Junior Software Developer. As he gained experience with more and more projects, he was promoted to leadership roles.

The Hague, Netherlands

+31 (70) 512 1899

Louis Couperusplein 2, 4th floor 2514HP, The Hague, Netherlands

Praha, Czech Republic

+420 228 883 122

Na Havránce 1508/14, 143 00 Praha 12, Czech Republic

Richard Leslie

UK Business Development

R.Leslie@firstlinesoftware.com

Richard has over 15 years of sales and account management expertise in the IT and Tech sector. He has worked on many outsourcing engagements with global companies.

Gloucestershire, United Kingdom

+44 7771 787840

Cowley House, 12 Black Jack Street Cirencester, Gloucestershire, GL7 2AA, United Kingdom

David Fien

Director

D.Fien@firstlinesoftware.com

David is a business development professional with more than 20 years’ experience as a specialist in the acquisition of partnerships and IT/software services for associations, not-for profits and corporations in Australia, New Zealand and USA. He has specific expertise in the healthcare, legal and hospitality industries.

Doreen, Victoria, Australia

+1-877-737-7178

22 Journey Ave, Doreen VIC 3754

Name (required)

Email (required)

How can we help?

Upload Your RFP