AlphaNu and XinHu Futures partner to accelerate algorithm trading in China

AlphaNu
AlphaNu
Sep 18, 2019 · 3 min read
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AlphaNu aims to create an open ecosystem for traders, developers, and market observers working together to support algorithmic trading in a way, which provides a more even playing field for all market participants.

AlphaNu is targeting the world’s biggest futures market: China. Local brokerages play an important role in AlphaNu’s ecosystem, providing execution for traders and customers that utilize algorithms purchased from AlphaNu’s marketplace.

And today we’re delighted to announce our first Chinese brokerage partner — XinHu Futures!

AlphaNu is looking forward to promoting the new trend of algorithm trading with XinHu Futures in China.

Integrate resources to achieve a triple-win algorithm ecosystem

AlphaNu has created a well-established financial investment ecosystem for investors and algorithm developers. Developers can sell their own portfolio of trading algorithms and receive an equitable price for them in our marketplace; investors can directly purchase the same level of high-performance computer trading algorithms as Wall Street. Chinese futures brokerages play an important role in our ecosystem as they work with us to attract more investors to utilize computer trading programs that are sold in our marketplace. Futures brokerages benefit from the additional transaction volume, thus revenue, that trading algorithms typically bring in due to a higher trading turnover. This win-win-win situation benefits all in our ecosystem: investors, futures brokerages, and developers.

AlphaNu is proud to partner with XinHu Futures. As we integrate resources from both sides, we look forward to popularizing computer trading programs in the vast and growing Chinese market.

New fintech innovations helps XinHu secure more trading volume

XinHu Futures adheres to the concept of “innovative service and value sharing”, breaking the traditional mode of thinking and strengthening the awareness of innovative services. This time, together with AlphaNu, it looks to combine its professional investment background and blockchain technology to provide investors with innovative services. By partnering with AlphaNu, not only does XinHu Futures provide new value added services to its customers, it also brings a new era of fintech innovation for the company.

About AlphaNu

AlphaNu is a marketplace that facilitates the subscriptions of powerful trading algorithms created by top Wall Street developers. With more than 60 years of combined experience in financial and tech industry, AlphaNu’s team aims to democratize market access for everyone by creating an open ecosystem of traders, developers, and market observers working together to support algorithmic trading in a way which provides a more even playing field for all market participants.

Website: https://alphanu.io

About XinHu Futures

XinHu Futures is a well-known futures company with net capital of 600 million RMB and 20 branches located in major cities across China, offering futures brokerage, investment consulting, and asset management services to clients internationally. XinHu Futures aims to build a worldwide platform for futures brokerage service for clients. By leveraging the company‘s strengths and its shareholders, XinHu can optimize many resources, provide well-rounded services for Chinese investors entering the international market, and foreign investors accessing the Chinese market. This creates benefits for investors based on XinHu’s values of “integrity, professionalism, and dedication”.

Website: http://en.xinhu.cn

AlphaNu

Premier marketplace for trading algorithms developed by…

AlphaNu

Written by

AlphaNu

AlphaNu is a marketplace that facilitates the subscriptions of powerful trading algorithms created by top Wall Street developers.

AlphaNu

AlphaNu

Premier marketplace for trading algorithms developed by Wall Street professionals

AlphaNu

Written by

AlphaNu

AlphaNu is a marketplace that facilitates the subscriptions of powerful trading algorithms created by top Wall Street developers.

AlphaNu

AlphaNu

Premier marketplace for trading algorithms developed by Wall Street professionals

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