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Ask HN: Review my startup idea, Algonaut

22 pointsby abhijitrover 14 years ago
http://www.algonaut.com - a hosted platform for algorithmic trading<p>We are still circling in on what the MVP should be, would love to hear feedback from any quant-types out there.

5 comments

HardyLeungover 14 years ago
I do algorithmic trading myself since 2006, with Interactive Broker, and C++/C# implementation of my own heuristics. As others said you are not providing enough information. I don't want to have to sign up to discover what you offer. At the minimum, you do need to (1) provide some pricing information, (2) put more emphasis on security (how do I know that my crown jewel is secure with your service, do I need to give my password to you), and (3) provide some idea what the workflow is like. For example, give people test account and canned algorithm just so I can easily get a feel of what this is about.<p>I probably are not interested myself. A big part of my algorithmic trading is many different types of analysis. I need to be able to easily change something and debug and run other tools (e.g. various statistics packages). Having it hosted elsewhere rather than by myself seems to complicate the problem. And what's the benefit, really? Do you have a better feed than IB? Do I get dedicated trading machines or do I get a VM and risk slow execution? What is the cost? Is there enough saving to justify the risk and inconvenience? All these require more than a teaser MVP page.
cschmidtover 14 years ago
You do need to define things a bit more. Daily data or tick? Stock, futures, etc. Just US data or more.<p>How are you going to allow any languages to run on your server? That seems pretty dangerous.
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alphakappaover 14 years ago
It's an interesting idea, but you need to provide more information in order to get feedback. Right now it seems like I would have to sign up to find out more about the system. Could you provide more examples of what a coded strategy would look like, maybe some screenshots of the working interface, and what the business model (pricing etc) is?
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scottkragerover 14 years ago
Link: <a href="http://www.algonaut.com/" rel="nofollow">http://www.algonaut.com/</a>
komlenicover 14 years ago
I know nil about the subject space, but that seems like a <i>great</i> domain name!