Archive for August, 2009

Hedge Fund Average Software Costs Per Year

I saw an estimate of average yearly software related costs of a hedge fund with about 300 mln under management:
Statistical Software Licencse Fees - $30,000
Data Feeds - $80,000
Back Office Software (accounting, CRM, etc) - $50,000
Total Comes up to about: $160,000 / year

Broker Connectivity and Data Feeds Providers

Interactive Brokers.
Patsystems.
IQ Feed.
eSignal.
SmartQuant.
Genesis.
tick-TS TradeBase.
Trading Technologies.
MetaTrader.
FXCM.
FIX Connectivity.