QuantConnect Democratizes Marketplace For Trading Algorithms Via New Subscription Model

Renato Capelj
1 min read
0

QuantConnect, a marketplace for the quantitative trading community, formally announced the restructuring of its subscription model offering to better address the needs of individual researchers and scale institutional client capabilities.

What Happened? QuantConnect is a platform where quants and researchers can develop and publish trading algorithms for use in live trading strategies across all asset classes.

As part of a vision to be the leading marketplace for alpha-generating strategies, QuantConnect is further democratizing its technology and resources via a new pay-per-seat and -service model.

“Since our founding in 2011, we have always listened to our users and kept up to date on their activity, behaviors, and preferences in tandem with the evolution of the market,” said QuantConnect founder and CEO Jared Broad.

Why It Matters? Overall, the new subscription model will allow quant firms to better deploy their resources while accessing institutional-grade technology provided by QuantConnect.

“This realignment is reflective of our goal to facilitate access to institutional-grade quantitative trading tools to groups of all sizes, from a single trader to a start-up fund to an established asset manager,” said Broad. “QuantConnect is now entirely configurable to meet your specific use case.”

To learn more about QuantConnect’s marketplace, click here.

Photo by Tabitha Mort from Pexels.

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© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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