Ruby is a reflective, dynamic, object-oriented programming language. It combines syntax inspired by Perl with Smalltalk-like object-oriented features, and also shares some features with Python, Lisp, ... More

While there have been some questionable strategies playing out on Wall Street recently, and the Securities and Exchange Commission continues to scrutinize the legalities of a few high frequency trading techniques, former NYSE chairman William H. Donaldson's statement to New York Times holds true: if an individual investor can't keep up with larger brokerages, it's a major disadvantage.
Marketcetera feels that open source software is an ideal way for smaller brokerages to keep up with -- and perhaps outmaneuver -- their larger competition. Marketcetera CEO Graham Miller sees open source hosted/SaaS (software as a service) trading platforms as having particular potential for investors using high frequency trading methods. And Miller isn't the only one who believes this -- the evidence is vibrantly illustrated by Sky Road LLC's integration of Marketcetera's open source, automated trading platform into its SaaS financial services product line.

The financial services market is still a largely uncharted region for open source software. Sure, there are several Exchanges around the globe that use Linux to power their operations, but the minds, the people, and the currency that bring life to the trading floors don't operate solely on a patch of real estate in New York, London or Hong Kong. Marketcetera is one of the first open source software vendors to blaze a trail in this industry, with its open source trading platform catering to buy side and algorithmic trading.
Tackling a new market often necessitates a new way of thinking and looking at problems, but having experienced advisors onboard is still crucial to successfully navigate the unfamiliar territory -- for the insight they give, and the assurance their presence can instill in potential customers. This is only one of the reasons Marketcetera is welcoming Larry Stefonic to its advisory board. Stefonic is no stranger to the software industry, having co-founded the yaSSL project, an open source internet security suite, holding management positions at Centure Software, Raima Corporation and recently serving as the executive vice president of sales at MySQL AB.

The Marketcetera team is as aware as the rest of us that economic changes are coming fast and furious, and that open source software can have an impact on a company's -- or individual's -- financial future. Honestly, one could say Marketcetera is twice as aware of open source software's financial potential.
Today, Marketcetera released the first full production release of its open source automated trading platform. Aimed at hedge fund managers, traders, brokers and dealers, the system is standardized, open, scalable and modular. This, says Marketcetera CEO Graham Miller, offers users faster deployments, better integration, and the ability to customize everything from the public APIs to data models.
Any suggestions? I've been an eclipse (Java-j2ee) user for many years and am starting a new project that will have a very large Ruby/ROR component and was looking for suggestions for an IDE that would ease the pain as I switch gears from Java to Ruby...
In Ruby On Rails there is no need for configuration files for mapping with Database tables- fields, that means "LESS CODING" right..?
But still why others are using ORM framwork Like Hibernate with lot of work on XML configuration.
Simply I am trying to know.. why Rails ? for Enterprise Application.
I am about to write some code to process RSS feeds. However, I am finding that I have to special case for the several different types of RSS standards that our there (Atom 1.0, RSS 1.0, RSS 2.0, etc.). There are some libraries out there, and I was wondering what people had to say about which ones might make sense. I'm open to writing this in Python, Java, PHP or Ruby.