Algodeal Press FAQ

First of all

Don't want to read the full article? Check out our 5min video introduction here.

How to try it out?

If you do not want to create a login just yet, there is a feature that will let you play with our website. Click Try now on the homepage. This will automatically log you as an anonymous user and point you to strategies to run immediately.

You shouldn't need any help at this point, but if you do, we have a few more details here.

If you want to go further with Algodeal, you might want to request for a login and and download the local engine to run on your machine. See here for details.

What are we doing?

Algodeal aims at providing both a technical and financial environment for quantitative investing analysts, the Quants. Technical, in that we provide our strategy design and backtest environment, Market Runner. Financial, in that we provide everything required to successfully run the strategies, from the market data and market access all the way to raising required funds.

What are our killer features?

  • Funding : We are one of the only companies to provide funding to execute good quantitative strategies on more than the savings of a Quant's life, and without selling its shirt
  • Clean Market Data : We provide a wide range of historical market data, filtered, corrected, adjusted... to run the strategies on. We currently support 80 futures contracts on a daily basis, but we aim at providing up to trades and quotes, on every traded market data
  • Grid Computing : As Quants need to optimize strategies using various parameters, we provide a cluster of machines to support multiple concurrent executions on enterprise grade servers, at a speed no one can get at home
  • Market Access : We have partnerships to get really fast and reliable access to markets to make the most of the selected strategies

What is Algodeal's business model?

Algodeal basically is a quantitative fund seeder. We aim at finding and funding the best Quants out there by removing all major barriers out of their way. Quants can thus concentrate on designing the best strategies on our platform for free. Once they are ready, they can enter a fixed term agreement with Algodeal to fund their strategy and execute it for real. Both of us get their share of profits, the rest going back to investors.

What platform does Algodeal run on?

Algodeal is essentially a web service, and is inherently multiplatform. Our execution environment, Market Runner, is written in Java, and runs with Java 1.6 on any supported platforms. We may support additional java compatible languages in the future, like Groovy or Scala. We currently provide integration with Eclipse development environment, but any Java development environment would do (NetBeans, IDEA, even Emacs...)

A logo? Some screenshots?

Algodeal Beta Logo :
Logo Algodeal Beta

Market Runnner inside Eclipse

Results on the local viewer :
Results on the web

Optimization : Leveraging Algodeal compute grid :
Optimization: Leveraging the grid