AlphaTrAI , which uses the latest explainable AI (XAI) techniquesand sophisticated trading strategies to automate the buying and selling of stocks,announced its fund will run exclusively on QuantConnect s open-source, proprietary tradingengine, LEAN.
QuantConnects development, test and production trading system will enableAlphaTrAI to seamlessly leverage its explainable AI (XAI) techniques and sophisticated tradingstrategies to optimize the algorithms that drive enhanced return on fund investments.
In a three-year test period, from 2016 through 2018, AlphaTrAIs algorithm achieved a 58percent average annual return of capital, consistently outperforming the 12 percent return forthe S&P 500. The automated platform provides real-time tracking and dashboarding of theresults. The company is now moving to live, real-time trading for the next phase of validationwith its strategy, which analyzes 3,000 stocks simultaneously.
Utilizing QuantConnects robust, open-source platform provides us the ability we need toenhance the proprietary algorithms behind our high-performance fund, said Frank Colson,Chief Technology Officer of AlphaTrAI. AlphaTrAI offers the investment platform of the future,leveraging AI for event detection and price predictions, and QuantConnect is helping uscontinuously refine the underlying technology, ensuring our fund runs without interruptions.
Were excited to see AlphaTrAI utilize AI models to create a fully automated, humanlesstrading platform, said Jared Broad, CEO and Founder at QuantConnect. We look forward toseeing the company harness the full potential of AI to enhance portfolio performance and pushthe limits of our platform.
For more information, visit alphatrai.com .
About AlphaTrAI
AlphaTrAI is an AI-based equity trading platform. The trading algorithm is proprietary in nature
and has been built with a one-of-a-kind fusion of the latest AI techniques from concepts of
quantum physics and dynamical systems. With three-year backtesting results extending into the
current volatile trading atmosphere, AlphaTrAIs end-to-end automated trading platform has
outperformed the Standard & Poors (S&P) 500. For more information, visit www.alphatrai.com .
