|Acquired by||Trading Technologies|
|Description||Disruptive Trading Software Technology|
TickIt Trading Systems, a trading software technology company, has created a disruptive technological platform which will empower any futures trader to design, create and deploy their own automated high frequency trading algorithmic strategies without having to write a single line of code.
Through a unique building-block interface, TickIt’s Algo Design Lab, trade designers can implement nearly any trading strategy they can conceive in a matter of minutes, as opposed to weeks, on their computer. This quick and trader-intuitive method can decrease the amount of time necessary to write a program by up to 95%.
TickIt Trading Systems was co-founded by Michael Unetich, a futures trader with more than 15 years of experience, and Rick Lane, a computer programmer who began his professional career designing computer-based war games and terrorist network tools for the Department of Defense.
TickIt is minimizing risk for traders using algorithmic trading by:
TickIt’s Algo Design Lab is a visual programming platform which will empower any trader to design, create and deploy their own automated high frequency trading strategies without having to write a single line of code.
Algo Design Lab introduces traders to a more interactive way of creating algorithms and automated strategies. By providing building blocks which the user links together in a circuit-like design, the Algo Design Lab offers an intuitive interface for designing strategies without having to write any actual programming code.
When deployed to the TickIt server, the algorithms are compiled and run as if they were traditional computer programs.
The TickIt platform greatly reduces the amount of time involved in program creations and lowers the risk involved with the traditional methods of programming.