TickIt's "Algo Design Lab"(ADL) introduces futures traders to a more interactive way of creating trading algorithms and automated strategies by leveraging lessons-learned from terrorist network analysis.
ADL allows futures traders to design, create and deploy their own automated high frequency trading algorithms without having to write programming code. Traders use drag-and-drop building blocks to construct circuit-like designs on their computer screens. When deployed to the TickIt server, the algorithms are compiled and run as if they were traditional computer programs.
ADL makes algorithm design accessible to anyone, not just computer programmers. It provides safety measures (at design time and at run time) that are not available in traditional programming context, thereby reducing risk and the time required to design, create and test programs and providing a safer trading environment. What once took days or weeks, now takes minutes.
Other software trading platforms require the entry of some sort of programming code by the designer. TickIt lowers risks for traders, trading firms, exchanges, and the systemic markets risks inherent in high-frequency automated trading. Lowering risk is a clear improvement.
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