NEW YORK, NY – May 14, 2018 –AlgoTrader Inc today announced that Cryptonomics Capital Ltd., a crypto-valley based AI crypto quant fund and blockchain boutique, has selected AlgoTrader, a single end-to-end solution for the design of its automated trading strategy, testing and deployment for all its quant modeling requirements.
Quantitative modeling and automated trading have become increasingly more important in the crypto-currency space across the globe as traders look to address 24/7 trading and liquidity challenges in the fragmented crypto-currency market.
AlgoTrader enables Cryptonomics Capital to add an important new business component to its solution suite. “For the last 10 months we have grown our automated trading strategies to ever more and more complex signals in the crypto market”, said Tom Debus, Managing Partner for Cryptonomics Capital GmbH. “Now after successful backtesting and several iterations and refinements of the strategies we can tune our algorithms to diverse market situations. To do that, we require reliable technology with rich functionality and top-level performance. With AlgoTrader, we can continue to extend our strategies based on signals from AI driven market sentiment analysis. We can seamlessly test our strategies across multiple exchanges efficiently and use the same solution for automated trading. We especially like the clean, intuitive development environment that AlgoTrader affords through its intelligent combination of Java, Esper and various other open- source, industry standard components” Debus added. “It fits seamlessly into our complex overall tech stack.”
We are delighted that Cryptonomics Capital selected AlgoTrader and entrusted us with this critical component of their research and trading activities.” says Richard Chmiel, Chief Operating Officer of AlgoTrader AG.
AlgoTrader is a fully integrated, event driven algorithmic trading platform written in Java that enables both buy side and sell side trading firms to rapidly develop, simulate, automate and deploy quantitative trading strategies for any instrument type and for any market. Designed by industry experts, it gives users maximum control over their trading experience for consistent results. Initially designed for global equities, futures, forex and options, AlgoTrader now fully supports automated / algorithmic trading in Cryptocurrencies. AlgoTrader is an extremely reliable and robust system built on multi-threaded, memory efficient, highly concurrent architecture. It is optimized for high availability and peak performance, so your trading activities will be uninterrupted and continuous. AlgoTrader provides additional business services including an integrated strategy back-tester, strategy parameters optimizer, exchange simulator, risk management, auto-hedging and smart order routing execution algos to minimize slippage.