Tradency, a pioneering financial technology provider, focusing on B2B product development and advanced services for retail investors and retail traders and Gerchik & Co announced the launch of RoboX.
The new service is a smart trading machine based on powerful packages of strategies. The packages selection process is accompanied by proprietary risk matching engines.
Gerchik & Co was founded at 2015, under the leadership and management of Alex Gerchik. RoboX is Gerchik & Co’s newsest offering, Oleg Kompaniets, CIO at Gerchik & Co, believes that machine inelegance based trading solutions such as Robox is the perfect tool for providing transparent and comfortable opportunities for trading.
Evgeny Chernin Tradency’s Head of Sales, Russia & CIS explains further about the core concept behind RoboX:
To generate this innovative service RoboX automatically correlates between the trader’s personal risk tolerance and trading flavors which are determined by a short questionnaire, and a proprietary algorithm that scans our more than 1,000,000 strategies. RoboX takes all this data into account then creates packages according to predefined rules. Each package is automatically updated by the unique algorithm that keeps afloat only the most suitable strategies matching the trader’s trading profile.”