FlexTrade Rolls Out Multi-Asset, Strategy Back-Testing Framework
– Test, Update and Deploy Past Trading Strategies –
– Available in FlexTrade EMS and OMS Trading Platforms –
– Handles Equities, FX and Futures –
NEW YORK--(BUSINESS WIRE)-- 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.”
Available via the FlexTRADER EMS and FlexTrade’s order management solution, FlexOMS, the Back-Testing framework includes:
- A fast framework designed to allow traders to test an unlimited number of financial instruments in parallel;
- Testing for single security, cross asset, multi-leg and portfolio-based trading strategies;
- A flexible fill simulation module for traders to tailor the exchange simulation logic to their target market;
- The ability to replay past orders alongside market data and track the algo performance under various market conditions;
- The ability to replay Top-of-Book and Depth-of-Book Market Data.
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/
FlexTrade Systems, Inc.
James Tolve, 516-304-3601
Cell:
516-395-0549
[email protected]
Source: FlexTrade Systems, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Homeowners' Insurance Coverage Explained in HelloNation, featuring Insurance Expert Mike Newell
- Golden Body Scrub Combines Triple Salt Blend with 1000mg CBD
- 3 Top Crypto to Buy Now as Bitcoin Bleeds and Wallets Stampede Into Pepeto
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Hedge FundsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share