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	A free/open-source library for quantitative finance (quantlib.org)
	24 points by known 507 days ago \| 14 comments

3 points by gsiener 507 days ago | link

If this is what Lehman, AIG, etc. have been using, I'd stay away!

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5 points by bkmrkr 507 days ago | link

That's like saying stay away from PHP because that's what Yahoo uses.

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2 points by jyothi 507 days ago | link

It even worse a connotation. Just lame.

Tools are just meant to enhance productivity and aid people. Bottom line is people and strategy and not tools.

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3 points by yan 507 days ago | link

Also, a list of related financial and programming books and topics from the site which I found very useful: http://quantlib.org/books.shtml

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2 points by furiouslol 506 days ago | link

You can use this library to calculate call option price in Variance Gamma model

http://www.fftw.org/

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2 points by bkmrkr 507 days ago | link

known you too, I actaully have experience using quantlib, use different tools now.

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4 points by yan 507 days ago | link

Are these tools also open? If so, can you share the information?

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2 points by cbetz 507 days ago | link

Now where can I get some datasets that don't require me to work for a massive educational or corporate institution?

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5 points by lowkey 507 days ago | link

If you know python, google 'ystockquote'

It is a simple and awesome way to get historical stock data programztically from Yahoo. That should get you started. If you want fundamental data ftp.sec.gov is free, but you will need to do a bit more work to extract the data. Let me know if you get anywhere, I'm looking for fundamental data too.

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2 points by furiouslol 507 days ago | link

are there fundamental data on ftp.sec.gov? All I can find is sec filings by the listed companies.

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1 point by lowkey 505 days ago | link

The data is there but you need to extract it from the individual 10-K and 10-Q.

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4 points by joshu 507 days ago | link

You can actually get end of day pricing for stocks pretty reasonably. I think it's $40/mo from Multex (now Reuters) last I checked.

I haven't checked this library out yet, but in a former life I was a quant...

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-4 points by bkmrkr 507 days ago | link

or im me at bkrmrk314

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-5 points by bkmrkr 507 days ago | link

cbetz, I think I can help you there. Email me

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