OStatic

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.

The New York Times ran a piece this Sunday featuring Canonical CEO Mark Shuttleworth. Though a majority of the piece was biographical, and the rest wasn't exactly the picture of accuracy in its portrayal of Ubuntu (or Linux in general), there were a few interesting figures.

It gives pause to wonder how, in this economy, and in an ever-changing industry, profit still gets much better press than growth.