FXCM US and QuantConnect Announce Live Trading Integration
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FXCM Inc. /
FXCM US and QuantConnect Announce Live Trading Integration
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NEW YORK, Dec. 05, 2016 (GLOBE NEWSWIRE) -- Forex Capital Markets LLC, ("FXCM
US" or "FXCM" ) the US entity of FXCM Inc. (NASDAQ:FXCM), a global online
provider of foreign exchange (FX) trading and related services, announced today
Live Trading Integration with QuantConnect, a leading cloud-based algorithmic
trading platform for strategy creation, backtesting and deployment. Paired with
the power of FXCM's No Dealing Desk (NDD) execution, algo traders can run
strategies with no restrictions and enjoy the benefits of anonymous order
execution with FXCM's industry-leading execution API.
QuantConnect was built on the Lean Algorithmic Trading Engine ("Lean"), an open
source fully managed C# algorithmic trading engine built for desktop and cloud
usage. The platform is event driven, multi-threaded and built to give the user
maximum control and flexibility. Python, C#, and F# are all supported, along
with mathematical libraries of each language.
QuantConnect users can access FXCM's historical tick, second and 1 min price
history dating back to 2007. With more than 24,000 quants participating in the
QuantConnect forums, users can search thousands of solutions, clone algorithms
with one click, and get advice from experienced quants.
"QuantConnect is excited to integrate with FXCM to provide powerful algorithmic
trading services to its FX clients, furthering our mission to be the
infrastructure which drives algorithmic trading in the future," stated Jared
Broad, CEO of QuantConnect.
Ornit Niv, CEO of FXCM US added, "FXCM is excited to work with such an
innovative technology company like QuantConnect. FXCM sees tremendous value for
algo traders in their open source model that offers outstanding flexibility and
power for strategy creation and backtesting. FXCM continues to prioritize
development of tools, resources and partnerships for clients seeking the most
comprehensive solutions for their diverse algorithmic trading needs."
FXCM offers clients powerful connectivity and hosting services through our
Application Programming Interface (API) solutions. Clients can minimize latency
by collocating with FXCM's VPS partners or FXCM's data center directly. Clients
with rack space in FXCM's data center can cross-connect directly to FXCM's
server without leaving the data center.
Clients with rack space outside of FXCM's data center are provided with
Metrolink access, a service that connects data centers directly and minimizes
latency. FXCM partners with multiple VPS providers with a physical presence in
FXCM's data center, offering virtual hosting options to clients who prefer to
not maintain their own rack space.
FXCM offers 3 of the top industry APIs available, the industry standard FIX API
(available with or without market depth), FXConnect API, and Java. Each API is
tailored for different client needs. Free unlimited professional quality price
history is available in all timeframes through our FXConnect API. Traders in
need of developers can utilize FXCM's Programming Services team to build the
most complex custom strategies.
Integrating with a partner like QuantConnect allows FXCM to expand its ecosystem
and the scope of platform options for the algorithmic trader.
To learn more about FXCM's integration with QuantConnect or API solutions
visit: https://landing.fxcm.com/quantconnect/
At this time the FXCM and QuantConnect Live Trading Integration is only
available to clients trading with an FXCM US account.
About Us:
FXCM Inc. (NASDAQ:FXCM) is a publicly traded company which owns 50.1% of FXCM
Group, LLC (FXCM Group).
FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex
Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia
Pty. Limited, (FXCM AU), and all affiliates of aforementioned firms, or other
firms under the FXCM group of companies (collectively "FXCM"). FXCM Group is
owned and operated by FXCM Inc. (NASDAQ:FXCM) and Leucadia National Corporation
(NYSE:LUK). Leucadia National Corporation is a multi-billion dollar diversified
holding company engaged through its consolidated subsidiaries in a variety of
businesses.
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading,
spread betting and related services. The company's mission is to provide global
traders with access to the world's largest and most liquid market by offering
innovative trading tools, hiring excellent trading educators, meeting strict
financial standards and striving for the best online trading experience in the
market. Clients have the advantage of mobile trading, one-click order execution
and trading from real-time charts. In addition, FXCM offers educational courses
on FX trading and provides trading tools proprietary data and premium resources.
FXCM Pro provides retail brokers, small hedge funds and emerging market banks
access to wholesale execution and liquidity, while providing high and medium
frequency funds access to prime brokerage services via FXCM Prime. Trading
foreign exchange and CFDs on margin carries a high level of risk, which may
result in losses that could exceed your deposits, therefore may not be suitable
for all investors. Read full disclaimer.
About QuantConnect
QuantConnect believes technology driven, algorithmic trading will drive the
future of investment. We are an open-source community of 20,000 data scientists,
engineers and quantitative developers collaborating to build a cutting edge
investment platform.
Our technology enables testing investment strategies in equities, forex, cfd,
options and futures markets - globally. By providing key infrastructure
required, we allow you to focus on building your strategy.
Our clients include individual investors, start up hedge funds, brokerages and
financial technology companies.
Deploy an algorithm for free at QuantConnect.com and test it across our 120TB
data library, or fork our open source project LEAN to work with your own data.
For more information contact us online.
Contacts
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications and Investor Relations
jsales(at)fxcm.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FXCM Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.12.2016 - 14:02 Uhr
Sprache: Deutsch
News-ID 510860
Anzahl Zeichen: 7447
contact information:
Town:
New York
Kategorie:
Business News
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