Friends and fellow cypherpunks,
, , and I wanted to take a moment and share an exciting company we have been working to bring to life over the past few months — .
is an open platform for tools enabling automated .
We see a future where the same tools used by hedge funds to automate the of stock are accessible to all. Our mission to democratize financial asset management by giving owners access to these automated execution tools.
The institutional version of our platform, which includes proprietary algorithms that take in data from the internet and the to output signals suggesting a trade, and our order management system (OMS) which automatically executes the trade suggested by the signal, is in production and is currently being sold to crypto- hedge funds. The order management system syncs to open exchange APIs where traders custody their assets, and trades are automatically executed on the exchange.
αgora is not a hedge fund and will never manage your assets. αgora is not an exchange and will never custody your assets. αgora sells software that allows you to use the same automated execution tools for your portfolio as hedge funds use for their stock portfolio.
The next step in our technology development timeline is to migrate these institutional grade tools to the cloud, allowing us to provide subscription access to these tools to a retail market, and not just to enterprise clients. We will also develop a marketplace where engineers and data scientists can provide their signals, giving traders access to additional alternative strategies they can choose to subscribe to, and a mobile app which provides immediate, global access to these tools and real time analysis on portfolio performance.
By enabling automated execution for , we are aligning stakeholders, delivering impact, and ushering in the future of finance.
Exchanges see the benefit of increased trade volume and transactions, which drives revenue they can reinvest in growing the industry. The markets see increased liquidity, solving a major challenge for mass . For boutique signals developers, we are creating a market for them to sell product.
Traders may experience alpha, which they can use to invest in themselves and their families.
Families living in countries where institutions are unstable or not trusted have already turned to to — our technologies may help them hedge against market volatility as well.
In the not too distant future, we expect to move to a world where , , and other assets are represented by on a . Custody will be done by the rightful owners of these assets in their wallets. Naturally, Agora’s technology will be replicated to enable the automated of these assets as well.
Over the next few weeks, we will be explaining how Agora solves a number of issues in the world of and , introducing you to some of our incredible partners, and reporting in on the state of the industry.
We look forward to democratizing finance with all of you.
Let’s make it happen.
Cheers,
CEO,
Published at Fri, 08 Mar 2019 23:56:44 +0000
