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Rapid Addition has announced the launch of the Beta 8 version of Rapid Addition Algo Editor.

Rapid Addition Algo Editor is an authoring tool aimed at broker-dealers that enables users to publish the parameters of trading algorithms in a standardised format called FIXatdl. FIXatdl is a format maintained by FIX Protocol Ltd, which buy-side firms can read into their systems. Changes to algorithms are rendered immediately.Rapid Addition Beta 8 features improvements to investment strategy FIX tags, validation rule checks, and some minor bug fixes.

AlgoEditor makes it easier for developers to create new strategies, since hand coding is error-prone and time-consuming. It also offers users capability to:

  • Create FIXatdl-compliant broker strategies using a WYSIWYG editor
  • Preview XML files prior to generation
  • Support network-specific tags
  • Use browser preview controls
  • Publish to local and remote locations

Automated Trader, January 26, 2009

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