A new product TradePot, Marvelsoft’s algorithm R&D platform, will launch on March 31st, 2016.
TradePot is a next-generation algorithm development platform designed to meet the needs of any buy-side or sell-side in-house research team. This virtual workbench includes an algo optimizer, an advanced volume-weighted average price (VWAP) generator, and a warehouse that archives tick data. The optimizer’s analytics give developers the ability to review the latest tick data and either tweak their algorithm, so it stays aligned with the evolving market or develop a new one based on a complete, up-to-the-day market history.
Marvelsoft already has customers lined up for TradePot, right on launch date. “It’s going from the lab directly to the clients,” says Matija Maretic, Marvelsoft’s Chief Technical Officer, speaking from the company’s new Hong Kong office. The new platform is a response to client frustrations about the lack of timely data and configurability of other development platforms.
The charter client for the new product is a Hong Kong-based Tier 1 bank whom Marvelsoft worked closely with in developing the system. “It’s a solution that can support any algo engine and make it even more advanced,” says Dino Dedic, Asia-Pacific Account Manager for Marvelsoft.
The current version has been optimized for the VWAP algorithm, but Dedic says that’s only the beginning. “The primary focus at this stage is just to have the VWAP algorithm fully optimized, but it can be applied to any other algorithm as well,” he notes.
TradePot is designed to allow you to optimize your technical analysis capacities and market historical performance data. The solution is ready to provide more advanced communication dimension between your trading solutions and the markets. “TradePot is the linchpin solution for custom indicator development,” says Maretic.