VCA Stocks

Marketcetera Inc., developer of open source platforms for automated trading systems, today announced it has raised $4 million in a Series A round.  Founded by Toli Kuznets and Graham Miller, veterans of the software and trading technology industries, Marketcetera is using open source software and methodologies to give financial institutions an alternative to expensive, monolithic proprietary trading systems. The company’s comprehensive software platform enables financial services firms of any size to build effective algorithmic trading systems, develop proprietary algorithms, create order management solutions and manage risk, in order to gain competitive advantage.  “Marketcetera’s platform powers algorithmic trading and experts in the industry predict that 50-to-60% of total trading will be done by algorithms by the end of the decade.”