Inoxoft

Client:

Rapid fluctuation in the currency market made a group of traders cooperate to launch their own business, develop unique strategies and increase revenue.They trade at the world's 3 major stock exchanges, namely at London, New York and Tokyo and involve investors on the basis of requested proposals. Already having a considerable experience, the traders elaborated unique financial strategies and mathematical formulae to obtain maximize profit from trading. However, the whole process of currency data analysis, price monitoring and deal arranging was done manually and proved itself to be time inefficient.

Business need:

Traders' manual work entailed the whole process that demanded a lot of time and effort to search exchange rates, structure them all, consolidate actions and manage complex calculations. Because traders lacked in a system that allows quick solutions, they decided to automatize all process chains through the web application and achieve rapid acceleration in trading.

Thus, the request was for the application that would automatically perform algorithmic optimization of numerical data with the aim to substitute time-consuming manual work.

Solution:,

Inoxoft delivered Software web application that excludes manual work and automatically creates sheets with optimized exchange rates information and enlists all generated orders for profitable purchases according to a defined financial strategy.

Results:

The project successful realization is confirmed by the next achieved results:

• Сonstant recurrent calculation of each currency pair in a queue sequence from each stock
• Generating orders after mathematical formula calculations, orders' enlisting and automatized sending to the broker
• Flawless communication between services
• Established constant communication links between trader and a licensed broker that allows making decisions in the shortest terms
• Reduction in time of order generating starting with 1 min 30 seconds initially and ending with only 30 seconds as the best final indicator
• The fastest possible way of information withdrawing and optimization within 3 time-zones
• Simultaneous analysis of large numerical data
• Сalculation operations are performed in logical queue sequence according to a real time

Industry:  Finance, Currency Trading

Technologies:  Python 3.6.5, Socket, Messagebird, FIX 4.4, Django 2.0.2, Quickfix, Pandas, Celery, RabbitMQ, EC2 instance (linux based), Postgresql 10.5, Redis 3.0.6, ElastiCache (Redis), EC2 instance (windows based), RDS (PostgreSQL), Multiprocessing.