Nostradamus announces partnership with Strategy Runner to distribute SPOTRADAR algori

Discussion in 'Automated Trading' started by Futures_Man, Aug 14, 2007.

  1. Nostradamus announces partnership with Strategy Runner to distribute SPOTRADAR algorithmic trading model signalsLondon - 13 August 2007 Nostradamus Systems Ltd, the London based FX prediction service, has entered in a partnership agreement with Strategy Runner to distribute the signals of its SPOTRADAR algorithmic trading models to private investors. The service has now been enhanced with an additional model trading GBPUSD.

    Strategy Runner's TM powerful innovative server-based technology integrates the needs of both buy and sell-side institutions to access, automate, distribute, and execute trading signals and algorithms. It provides flexible customizable solutions for centralized secure distribution of third-party and broker-supplied signals over multiple assets, accounts and clearing firms. Strategy Runner services some of the world's largest financial institutions and thousands of private and institutional traders and investors that use the Strategy Runner trading platform and solutions.

    SPOTRADAR will now be available on a subscription basis to institutions trading over Currenex and private investors who open accounts at participating brokers including Gain Capital, MF Global, ODL Securities, GFT, ADM Securities and FXCM.

    SPOTRADAR EURUSD produced an unleveraged return of 14.64% in 2006, and is up an unleveraged 1.32% in EURUSD and 6.88% in GBPUSD to date in 2007.

    "Strategy Runner allows Nostradamus to API link just once to distribute SPOTRADAR signals to a wide range of institutions and brokerages simultaneously, giving a major saving in development time. This opens up a wider market where private clients can access SPOTRADAR from an existing account at any number of brokerages or institutional clients can trade through Currenex" said Geoff Gant, Nostradamus IT Director.

    "Our partnership with Nostradamus systems symbolizes Strategy Runner's approach of offering unique institutional quality trading signals for auto-execution. Nostradamus is a recognized name in both institutional and retail FX, and can now leverage our multi-server broker network which is an ideal infrastructure for signal distribution" said Yakov Becker, Strategy Runner CEO.