OStatic

There was an interesting write up on Forbes.com this week discussing who contributes most to open source projects -- and why. Even though many open source projects have a commercial or institutional component that contributes some degree of direction (or funding) to software development, and even though many businesses and institutions use open source software regularly, the vast majority of contributions to these projects come from individuals.

Forbes' Dan Woods, after hearing Alfresco's Matt Asay and Eclipse's Ian Skerrett speak of this contributor gap, concluded that there must be something very different about how institutions contribute.

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.