The economics of cryptocurrency

Cryptocurrencies don’t have central banks to control the money supply or oversee financial institutions, but no one should neglect the significance of cryptocurrency governance institutions. We focus our discussion on two separate but interrelated techniques cryptocurrencies can be stated to be governed. Algorithmic governance Rules for what are considered valid cryptocurrency transactions are embedded in […]

How to use Sharpe Ratio?

The Sharpe Ratio is well known measure of portfolio performance. It is a ratio which allows to compare various portfolios and allows to measure theirs profitability. The mathematical definition is described as a division between expected rate of return subtracted by risk free rate of return and standard deviation of rates of return [6]. In […]

VWAP Algorithm

  Volume-Weighted Average Price known as VWAP is one the most basic and commonly used market indicators by traders around the world. In a book “Algorithmic & Trading DMA” we can read about VWAP that  “As a benchmark, it rapidly became ubiquitous since it gives a fair reflection of market conditions throughout the day and […]

Different types of Cryptocurrency

Bitcoin The first Cryptocurrency to emerge was Bitcoin (BTC), based on the SHA-256 algorithm. This digital commodity was conceptualized at a whitepaper written in 2009 by a pseudonymous writer who went by the name Satoshi Nakamoto. Over the span Bitcoin’s first four decades, the market cost of one Bitcoin has shrunk from under $0.01USD to […]

Character of Bitcoin market

Most experts agree that since it now exists, bitcoin has Yet to create any influence on the way that payments are currently processed. The wire-transfer system was just recently extended to handle electronic wires a couple of decades ago and ever since then, the majority of the infrastructure necessary to process payments through conventional banking […]

Who is moving FinTech forward in continental Europe? Thoughts after FinTech Forum on Tour.

By Michal Rozanski, CEO at Empirica. In the very centre of Canary Wharf, London’s financial district, in a brand new EY building, a very interesting FinTech conference took place – FinTech Forum on Tour. The invitation-only conference targeted the most interesting startups from the investment area (InvestTech) from mainland Europe. The event had representative stakeholders […]

Empirica has been nominated for Best Fintech Startup at CESA 2015

  Empirica has been nominated for the Best Fintech Startup in Poland at the CESA festival. CESA (Central European Startup Award) is the biggest no-pitch, no-conference start-up festival in the Central-Eastern European region. The festival brings together nearly 4.000 start-ups from 10 countries and it will be held in Vienna this year. We are in good company, as other […]

Automated Quantitative Trading Software

FinTech. Lessons learned from over 5 years of financial technology software projects.

By Michal Rozanski, CEO at Empirica.   Reading news about fintech we regularly see the big money inflow to new companies with a lot of potentially breakthrough ideas. But aside from the hype from the business side, there are sophisticated technical projects going on underneath. And for new fintech ideas to be successful, these projects […]

Empirica Algorithmic Trading Software

Free version of Algorithmic Trading Platform for retail investors

We have just released beta of Empirica – Algorithmic Trading Paltform for retail investors! It’s lifetime free for development, testing and optimizing of trading algorithms. Our development team (exactly this team who implemented the entire system) also provides full support in algorithms development as well as connectivity to brokers. If you need help just contact […]

MRz FIS Fintech algorithmic trading empirica

Empirica lectures on Fund Industry Summit

Empirica was invited to give a lecture on ‘Usage of Algorithmic Trading in investment funds’ at Fund Industry Summit 2014. Conference gathered representatives from over 70 financial institutions. The event was held in Warsaw and plans are that it will be repeated in yearly cycles. Especially that both organisers and participants deemed the conference a success. The […]