Autotrader™
An increasing number of traders — from banks to proprietary traders to hedge funds—are relying on automated tools to optimize their trades. TT’s Autotrader is one of the most powerful auto-trading products on the market. This robust, flexible tool, which is one of several automated applications in TT’s X_TRADER Pro, features:
- Multiple levels of automation
- Built-in formula engine
- Microsoft Excel® integration
- Expansive configuration possibilities
- Strategy prices based on the market or theoretical values
Use Excel® to Easily Create Leading-Edge Trading Automation
Use any number of data feeds and trading signals to create your strategy. Excel will monitor all of them, make instantaneous decisions and generate a quote for Autotrader to manage. Some example strategies supported by the Excel/Autotrader combination include: customized spreading, news based on the release of economic numbers, technical trading based on multiple indicators, strategies based on market action and custom trading screens.
Your strategy can use any data that can be imported to Excel. TT’s implementation of Real Time Data (RTD) transmits available trading information at the fastest possible rate. This is one of Autotrader’s most impressive features. You might base your strategies on:
- Trade data via RTD
- Market data
- Technical indicators
Tailor Your Trading Strategy with the Profile Editor
The Profile Setup Page lets you create and edit profiles to tailor each element of your strategy. You can configure the trading parameters that Autotrader uses when submitting orders to the market, including trading specifications (bid/ask prices, quantities and offsets), quoting limits and account information. These trading parameters can reference theoretical prices or actual market prices, or be set up for direct order entry.
Utilize the Autotrader™ Formula Engine to Create Custom Strategies
Autotrader can make a market around the existing market...around a theoretical value derived from an outside source, such as an equity index’s fair value...or around a given theoretical bid and ask. Or it can enter orders when a threshold, set by the trader, has been reached.
With this wide variety of available choices, you can customize Autotrader and allow it to do what it does best: run calculations, watch contingent variables and make splitsecond comparisons and decisions. You are no longer preoccupied watching multiple windows, running mental calculations and entering orders manually while potentially missing opportunities. Autotrader takes care of the details and frees you to view trades from the ”big picture” perspective, making it possible for you to rapidly analyze and adjust your strategy.
Find out more about Autotrader™ and the X_TRADER® platform. Contact TT.
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