|[April 10, 2017]
Quantopian Deploys FlexONE OEMS
FlexTrade Systems (@FlexTrade),
a global leader in multi-asset execution and order management
systems, today announced that Quantopian (@Quantopian),
a quantitative investment firm, has deployed FlexONE,
the company's new order / execution management system (OEMS) for the buy
Quantopian is an investment firm that offers a free online platform for
education and creation of institutional-quality investment algorithms.
The platform currently has more than 120,000 members.
"Quantopian is already well-known for having a leading,
institutional-quality platform for quants to create and test investment
algorithms," said Dragan Skoko, Head of Trading at Quantopian. "Now, we
have an industry-leading trading platform that further distinguishes us
and the offering that we provide to investors. FlexTrade's FlexONE is a
key part of our new trading infrastructure and helps streamline
Quantopian's order management and middle office workflows."
"We are pleased to partner with Quantopian, a forward thinking leader
in the quant space, to offer our next generation OEMS," said FlexTrade's
Aaron Levine, Vice President, OEMS Solutions. "We are equally pleased to
have delivered on the high performance and low latency workflows set
forth by Quantopian. With FlexONE, Quantopian can handle not just the
needs of today but scale appropriately as their business grows."
FlexTrade's allinclusive order/execution management system (OEMS), is
designed to facilitate and streamline the demanding trading requirements
of global hedge funds and quantitative investment firms. A
multi-asset platform handling equities, FX, options, futures and fixed
income, FlexONE facilitates hi-performance throughput of orders,
compliance checking, real-time P&L and position management.
Continued Levine: "The demands of the buy-side continue to evolve and
we are excited to offer customers, such as Quantopian, a full OEMS
solution to go beyond trading and solve upstream compliance and
operational needs. As the front, middle, and back office morph into more
consolidated workflows, FlexTrade's goal is to layer in OMS
functionality to our award-winning EMS platform, FlexTRADER,
offering a best-of-breed solution for the most complex workflows."
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade Systems Inc. is the industry pioneer in
broker-neutral order and execution management trading platforms for
equities, foreign exchange, listed derivatives and fixed income. With
offices in North America, Europe and Asia, FlexTrade has a worldwide
client base spanning more than 175 buy- and sell-side firms, including
many of the largest investment banks, hedge funds, asset managers,
commodity trading advisors and institutional brokers. For more
information, visit FlexTrade Systems at www.flextrade.com
or follow news of the company on Twitter (News - Alert) at www.twitter.com/flextrade
or LinkedIn (News - Alert) at http://www.linkedin.com/company/flextrade.
Quantopian inspires talented people from around the world to write
investment algorithms. They provide capital, data, education tools, and
infrastructure to algorithm authors. Quantopian offers license
agreements for algorithms that fit its investment strategy, and the
licensing authors are paid based on their strategy's individual
performance. Quantopian provides everything a quant needs to create a
strategy and profit from it.
The company has received nearly $50 million in equity investments,
including recently closing a Series C fund led by Andreessen Horowitz.
Quantopian's community nearly doubled in each of the last four years,
now with more than 120,000 members, including finance professionals,
scientists, developers, and students from 180 countries. The members
collaborate online and in person at regional meetups, workshops, and
Quantopian's flagship QuantCon events in New York and Singapore.
Quantopian provides its members a research and development platform,
which includes US equity pricing and corporate fundamental data for
free. Members may also access a fast-growing catalog of premium
datasets. To date, more than 4.5 million simulations have
been run on Quantopian's platform. In September 2015, Quantopian began
allocating proprietary capital to selected algorithms submitted by its
members. In the second quarter of this year, Quantopian expects to begin
allocating external capital toward these strategies via a pooled
For more information about Quantopian, please visit: https://www.quantopian.com/.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170410005157/en/
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