HFT – the good, the bad and the ugly

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High Frequency Trading, known also as HFT, is a technology of market strategies execution. HFT is defined by technically simple and time costless algorithms that run on appropriate software optimized for data structures, level of memory usage and processor use, as well as suitable hardware, co-location and ultra low-latency data feeds.   Although HFT exists […]

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Warsaw Stock Exchange certifies our Trading Platform

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  Empirica’s Algorithmic Trading Platform has successfully passed the XDP protocol communication certification, issued by the Warsaw Stock Exchange. From now on Empirica is officially listed as the ISV (Independent Software Vendor) for the Warsaw Stock Exchange. WSE uses Universal Trading Platform delivered by NYSE Technologies. The same system is used by many other European […]

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Empirica in the press

Empirica in the press – ‘The age of robots … ‘

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On the first of July 2014 large polish economic magazine Puls Biznesu published an article “The age of robots comes to Warsaw Stock Exchange’. Article is quoting, among others, Empirica’s representatives speaking on the topic of the growth of algorithmic trading in Poland. Excerpts below. ‘Popularization of algorithmic trading on conferences like this one is step in […]

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algorithmic trading workshop empirica fintech

Empirica holds workshop on Warsaw Stock Exchange

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Algorithmic trading workshop took place on 27th of July 2013 as a part of the second conference held by economic magazine ‘Puls Biznesu’ and Warsaw Stock  Exchange. Michał Różański, representing Empirica, held workshop on the practical aspects of selecting tools for algorithmic trading by financial institutions. He stressed and covered in detail, especially one aspect of […]

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itcorner

Empirica founds IT Corner association to support local entrepreneurship!

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Empirica, along with several other software companies based in Wroclaw, has founded the IT Corner association. IT Corner aims at supporting the development of local IT enterprises, tightening the cooperation among small and medium size high-tech sector companies and developing project and product synergies between organization members. IT Corner will pursue it goals by: organization of […]

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Algorithmic trading

Empirica with lecture at ‘Algorithmic Trading Conference’

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Conference on the subject of ‘Algorithmic Trading’ was held at Warsaw Stock Exchange headquarters on the 28th of February 2013. The event was open by the WSE president, Adam Maciejewski. Among the invited guests were: Peter Van Kleef, Lakeview Capital president Michal Rozanski, CEO of Empirica Andrzej Endler, CEO of M10 Michal Kobza, Warsaw Stock Exchange. […]

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TWAP Strategy

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Time-Weighted Average Price (TWAP) is another trading algorithm based on weighted average price and in compare to Volume-Weighted Average Price its calculations are even simplier. Also it’s one of the first execution algorithms and unlike most algorithms nowadays it’s passive execution algorithm that waits for proper market price to come, doesn’t chase it.   Calculations   […]

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Basics of High Frequency Trading

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Nanex’s High Frequency Trading Model (Sped Up) Nanex released a video showing the results of half a second of worldwide high frequency trading with Johnson and Johnson stock. I simply sped up the footage to get a better feel of what it looked like. Blow Your Mind. High frequency trading in action CNN’s Maggie Lake […]

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Basics of Machine Learning in Algorithmic Trading

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Algorithmic Game Theory and Practice, Michael Kearns, University of Pennsylvania, Traditional financial markets have undergone rapid technological change due to increased automation and the introduction of new mechanisms. Such changes have brought with them challenging new problems in algorithmic trading, many of which invite a machine learning approach. I will briefly survey several algorithmic trading problems, focusing […]

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Basics of algorithmic trading

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  – Trades executed at the best possible prices – Immediate and accurate trade arrangement positioning (thereby high likelihood of performance at desired amounts) – Trades timed right and forthwith, to avert significant cost changes – Reduced transaction costs (see the execution shortfall example below) – Coincident automated tests on multiple marketplace states – Decreased […]

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