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What Is Empirica?
Empirica is a crypto trading infrastructure that allows users to trade with proven algorithms and to precisely execute their investment strategy with cloud-hosted instance of their algorithm trading platform that connects to major crypto exchanges. Empirica office is located in Wroclaw’s Old Town.
Empirica Trading Strategies
The platform uses the following built-in trading strategies:
- Market making: Users can build complex algorithmic strategies to provide the liquidity and hedging positions.
- Arbitrage: It is possible for users to execute arbitrage strategies on Bitcoin, Ethereum, and other cryptocurrencies between several different crypto exchanges.
- Smart order routing: The algorithm is able to find the best price for orders on all crypto exchanges and execute it.
- VWAP: Users can achieve the best price with large order by dividing it into several smaller ones throughout the trading day.
- Hedging Baskets: Traders can execute trades on multiple coins at the same time with a possibility to hedge against other coins.
In addition to using the built-in strategies mentioned, traders have the opportunity to create their customized proprietary algorithm. This is achievable through the platform’s OpenAPI infrastructure, which enables them to design their own trading strategy and test it in a safe environment on real-time or historical data. The platform’s quant team can also help with the implementation if the trader asks for help.
Empirica Culture And Values
Innovation is one of the values on the Empirica platform, with which the company seeks to implement only the best ideas and solutions. The team invests time in self-development and in helping others. By questioning status quo and challenging assumptions, the team seeks to achieve its goal, which is to find the simplest solutions even for the complex issues.
With the Empirica infrastructure, traders are able to execute advanced order types that are not available on most crypto exchanges such as:
- Trailing Stops: Traders can minimize potential losses or defend their profits regardless of market trends.
- Iceberg orders: Users can conceal the size of their order to prevent the market from going against them.
- Pegged orders: Traders can achieve the best execution prices by passively following the top of order book.
What’s In For Traders?
- Tradepad application: this enables traders to implement, test, back-test, and optimize their algorithms with the intuitive desktop application.
- Server-ride execution: The Empirica server components are installed on hosted environment of the trader’s choice. This provides a trader with the level of execution that no other retail software can provide.
- Performance: The platform’s algorithmic trading software provides institutional level of performance and latency of algorithms execution.
- Support from professional developers: Traders can choose pricing packages with many hours of ongoing monthly support from the platform’s software development team. This is essential when it comes to algorithm’s implementation.
- Powerful API for building strategies: Traders who are tired of slow and limping script languages can unleash the power of Java to implement complex algorithms with professional development tools.
- Support in setup: Traders have the opportunity to choose a reliable hosting provider while the team helps with setting up the algorithmic trading environment through installation, configuration, and connectivity to their broker.
- Connectivity: Users can choose their data feeds as well as broker or cryptocurrency exchanges they want to connect to. The Empirica team then evaluates the possibility of setting it up efficiently with their algorithmic trading software.
- Exchange simulator: Empirica has exchange simulation engine that performs real-time execution of orders. No other software offers this level of simulation.
Empirica Partnerships
Empirica is derived from providing technology to the most sophisticated investors in capital marketplace. This includes market makers of stocks and derivatives, brokerages, banks, and stock exchanges. The platform now targets the cryptocurrency traders with their advanced technology. Empirica looks for the following categories of people:
- Experienced crypto investors looking for automation of operations
- Operators of cryptocurrency exchanges
- Professional quantitative investors in traditional assets looking to expand cryptocurrency markets
Empirica is also looking to combine their advanced technology with bright minds, experience, and capital to build a decentralized future of finance.
The algorithmic trading platform:
- A complete platform committed to creating, testing, and executing algorithmic strategies
- Reserved for traders on capital markets, cryptocurrency exchanges and forex
- Allows all types of assets and derivatives
- Supports professional investors in all aspects of trading automation
- Simple to understand with many examples, tutorials, and rich documentation
- Supports high performance and low latency environment with server-side execution with scalable architecture
Empirica Applications
Professional Investors
Advanced retail investors technically require the same trading tools as small hedge funds. Empirica provides users with professional algorithmic trading in addition to the existing trading infrastructure that a trader might have.
Hedge Funds
Empirica helps funds develop tools for algorithmic trading, historical data analysis, portfolio and risk management, integration with external data sources, as well as automation of trading operations.
Brokerage Firms
Brokers use Empirica platform to extend their technical offering to its customers. The services include bespoke development and integration with external systems and financial markets connectivity.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.