Quantitative traders are getting more access to algorithms and open trading platforms thanks to two firms.
In a move designed to offer more traders electronic tools, QuantConnect and Tradier Brokerage are working together to offer the former’s open source algorithmic trading platform powered by the latter’s API. The move to unbundle the financial services industry, the two firms said, will empower traders with new offerings that allow more to trade electronically and get access to newer and more efficient technologies.
The relationship between the two will provide buysiders seamless access for the users of QuantConnect’s web-based algorithm trading offering to connect to streaming data and execute trades directly from the platform using the Tradier Brokerage API.
Tradier Brokerage is registered broker-dealer with FINRA and SIPC that provides advisors, entrepreneurs, businesses, developers and active traders the ability to solve their trading and brokerage challenges using the independent content and tool providers of their choice.
It is a cloud-based financial services provider and brokerage API company that offers a groundbreaking platform to serve platform providers, advisors, developers and individual investors. Tradier delivers an innovative set of fully hosted API’s, modules and “out of the box” tools that are leveraged by a growing list of providers seeking to create innovative trading and investing experiences.
QuantConnect is a manufacturer of a browser-based algorithmic model creation platform. It designs C# strategies in a web browser, iterating quickly over a free library of financial data covering equities and forex.
