FlexTrade Rolls Out Multi-Asset, Strategy Back-Testing Framework
NEW YORK--(BUSINESS WIRE)--Sep 5, 2018--FlexTrade ( @FlexTrade ), a global leader in multi-asset execution and order management systems, today introduced a new Back-Testing framework designed to gauge and adjust the performance of past trading strategies for real-time use in trading equities, FX and futures.
“Just because a trading strategy worked successfully in the past, doesn’t mean it will show the same results in the present,” said Vijay Kedia, President and CEO of FlexTrade. “There are countless variables – old and new — that could impact performance in unanticipated ways. That’s why using an advanced back-testing framework can make all the difference in running a winning strategy.”
According to Kedia, the speed in which the Back-Testing replay occurs is quite extraordinary. “One day’s worth of data can be back-tested in less than 30 seconds, while a full year’s worth of data can be back-tested in less than a day,” he said. “ It’s revolutionary in scope and simplifies the trading strategy development for the trader into a three-step process: first, build your strategy; second, test against past performance factors and adjust; and lastly, deploy.”
About FlexTrade Systems, Inc.
Founded in 1996, FlexTrade Systems, Inc. is the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives. With offices in North America, Europe and Asia, FlexTrade has a worldwide client base spanning more than 225 buy-side and sell-side firms, including many of the largest hedge funds, asset managers, commodity trading advisors, investment banks and institutional brokers. For more information, visit FlexTrade Systems at www.flextrade.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180905005167/en/
CONTACT: FlexTrade Systems, Inc.
James Tolve, 516-304-3601
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: FlexTrade Systems, Inc.
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PUB: 09/05/2018 07:00 AM/DISC: 09/05/2018 07:00 AM