QuantConnect Democratizes Marketplace For Trading Algorithms Via New Subscription Model

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FintechJared BroadQuantConnect
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
fintech-banner
Fintech Focus Newsletter

Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!