AlgoTrader AG, a Zurich, Switzerland-based software services provider for next-generation fully-integrated and automated algorithmic trading platforms, completed a CHF 1.4 m round of financing.
The round was led by NeueCapital Partners, with participation from angel investors and a long-term customer.
The company intends to use the funds to continue to expand its business reach.
Founded in 2014 by Andy Flury, AlgoTrader is a fully integrated, event driven algorithmic trading platform written in Java that enables both buy side and sell side trading firms to develop, simulate, automate and deploy quantitative trading strategies for any instrument type and for any market. Designed by industry experts, it gives users control over their trading experience for consistent results. Initially designed for global equities, futures, forex and options, AlgoTrader now fully supports automated / algorithmic trading in Cryptocurrencies.
It is available on-premise or in the cloud.