Financial institutions and technology companies partner with us in co-creating innovative solutions for customers globally. New algorithms and expertise are incubated to become new fin-tech products.
Why AlgoBot ?
AlgoBot is a marketplace of licensed algorithms and incubator of high-quality ones.
Proven track record by forward test and live paper trade is required for the algorithms to get listed in marketplace
Licensed financial institutions manage the operation and risk control of the algorithms
Automatic execution via broker API ensures high efficiency and accuracy of trading
High-quality algorithms are quantified as an overall score with performance statistics
Wide variety of underlying instruments including stocks, equity indices, FX, commodities is provided
Trading activities and performance of the algorithms are demonstrated and updated on daily basis
Automated copytrade of algo strategies
You can now connect either paper or live subaccount for use on our platform. For live account, make sure the subaccount is funded and trades are enabled.
Have any questions ?
Does the end user always need to initiate a trade in the market after selecting an algo / strategy, or auto-generate a trade based on a user-selected algo?
AlgoBot could auto-generate a trade based on a user-selected algo. Algobot is a showcase to publish new strategies with backtest statistics and live paper trading performance. The strategy will be subscribed, connected with broker accounts via API, and then orders will be automatically generated.
Do licensed financial institutions manage the operation and risk control of the algorithms?
A trading algorithm is developed by independent researchers and licenced asset management firms. AlgoBot manages the IT infrastructure of displaying the algorithms and connecting with brokers. AlgoBot only allows asset management firms and financial institutions to display new strategies. They evaluate the performance of the strategies and set the risk control parameters.
Can I monitor the trades?
Sure! Create a new separate login that you use to log in TWS to monitor the trading process. Using same login will disconnect the strategy from trading. Click here for more details.
How to avoid disconnection when login TWS to monitor the trades?
What can I do about the weekend disconnection of broker account?
You don't need to do anything because the connection will resume automatically after weekends. The weekend disconnection is due to broker regular maintenance or AlgoBot maintenance. If you initiate first time broker connection at weekends and encounter technical failure, please try again in weekdays.
Why doesn’t the algo execute trades according to the “Algo Trade Record”?
Some trades shown in “Algo Trade Record” are close orders of positions previously opened. If user subscribes the algo after the positions are opened, then the algo do not need to send close orders.
If I subscribe an algo with existing positions in my broker account, will that algo handle the existing positions?
No, the algo will not handle any existing positions, even if they are previously created by the same algo or any algos listed on Algobot.