cloudcamp chicago nov 2104 fintech - justin bouchard’s "using technology at algofast"
TRANSCRIPT
Using Technology at AlgoFast !
Justin Bouchard, Founder of AlgoFast and CEO of Bouchard Trading !Tweet: @BouchardJustin #cloudcamp
#cloudcamp @CloudCamp_CHI
Sponsored by
Hosted by
PLAIN ENGLISH
earnings per shareare less than $2
OR the P/E ratiois above 20
I will sell 10 shares of XYZ at$10 per shareIF OR THEN
FUNDAMENTAL EVENTS
NATURALDISASTERS
INSIDERTRADING
SENTIMENTSCORES
SOCIAEVENTS
ABNORMALOPTIONS
CORPORATEANNOUNCEMRNT
EARNINGSREPORTS
WORLDECONOMY
LAWSUITS
CHALLENGES WITH DOWNLOADABLE SOFTWARE
New Releases & Innovation
+ Patch Updates
+Backward Compatibility
+Complex IT Firewalls
= Handholding
Two Types of Algo Trading Strategies
1. (FAST) Build the smallest, most elegant code
2. (SMART) Build more complex code, with more conditions and constraints to handle a wider variety of market events.
AlgoFast Strategy Engine
1. Local Computer (at your home or office)2. Co-Located Server (at the exchange)3. In the Cloud