OpixTech has now launched an algorithmic trading service for the foreign exchange market. Building on the success of past algorithmic trading services for market-making in the options, commodities, and equity markets, OpixTech strives to become one of the world’s leading algorithmic service providers.
At the end of the 20th century, with the rapid development of computer technology, the financial markets changed to a completely electronic trading system. A separate segment of trading has emerged -“algotrading”. Algorithmic trading is the automatic allocation and management of trade requests for different instruments through computers, based on mathematical algorithms. The process of algorithmic trading is carried out without human involvement, and traders only need to describe the intelligent trading system using a programming language. Trading is achieved by predicting future price movements based on the analysis of historical prices of financial instruments.
Investors’ top concerns in the trading market revolve around algorithmic trading’s capacity to offer an efficient solution in circumstances when the market is volatile and the overall trend changes often, as well as its capacity to lower trading expenses. Opix Algo has already significantly outperformed traditional institutional algorithms in a number of practical runs. It uses market data extracted from the Opix Trade trading platform to analyse the micro structure of the forex market and to find arbitrage opportunities to profit from.
“As the leading algorithmic trading platform, we are committed to providing our clients with unique execution tools, including advanced algorithmic trading services that leverage financial technology to revolutionize trading.” said Joseph Culter, CEO of OpixTech.
The launch of OpixTech’s algorithmic trading services further contributes to the high quality growth of the algorithmic trading industry by maximizing the service to clients through financial technology.