Quant Data, TradeMas Work To Bridge Gap Between Institutional And Retail Traders

Quant Data, the smart money options order flow platform, is building a set of tools to bridge the gap between institutional and retail traders.

Working alongside TradeMas, a large options broker on the Intercontinential Exchange Inc’s ICE New York Stock Exchange floor, Quant Data enhanced its order flow consolidation algorithm and created options-specific tools for automation.

“We improved our order flow consolidation and trade classification algorithms, while also building out new tools such as a real-time Regulation SHO feed for institutional traders,” CEO Andrew Hiesinger said in an email update to Benzinga.

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“These improvements benefit all of our users and, in turn, benefit all retail traders,” Hiesinger added.

Why It Matters: The retail investing boom of the early 2020s is on a slow decline and Quant Data is looking to add value in a highly competitive space.

Consequently, the three-year-old firm will add new features and data feeds, expanding the breadth and depth of its product portfolio, Hiesinger explained.

“Our platform is growing strongly, and we're extremely grateful to have our strong community supporting us along the way," he added.

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