Crypto currency trading may be all the rage as of the time of writing, but Matogen Applied Insights (MAI) had already delivered a bespoke automated crypto currency trading system a while back for an international client, a veritable “early adopter” in this dynamic sector.
Modelling big crypto data
In the first phase of the project, large datasets on concluded crypto transactions were examined and analysed. Applying advanced financial modelling generated an algorithm that identifies optimal opportunities for trades on different crypto exchanges, on both long and short positions. At the same time risk is minimised by taking counterpositions where there is an opportunity for arbitrage.
Using Python, the MAI data engineer built an automated crypto trading system that executes trades based on these algorithms.
Crypto exchange expansion
Subsequent to the successful implementation and operation of the automated trading system over a significant period of time, phase 2 of the project entails expanding the scope of the exchanges on which to execute trades, in addition to harnessing opportunities for leverage, whilst managing the risk of overexposure.