Interesting automated trading platform www.composer.trade/
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Sidni Standard's avatar
Super cool! Hedge funds are becoming less and less relevant due to things like this. They’re gonna have to start adopting entirely new business models soon
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Matt Pippen's avatar
@sidnistandard Composer seeks to make automated trading accessible to the masses, but hedge funds have an advantage that can't be matched by retail investors: co-location.

A TABB Group report indicated that decreasing latency by 1 millisecond (1/1000 of a second) equates to an estimated $100 million in potential revenue per year. The big names target latency in the microseconds (1/1,000,000 of a second).

Composer uses the Alpaca Broker API with a latency "typically less than" 20 milliseconds.
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Sidni Standard's avatar
@mattpippen Thanks for sharing all of this Matt!
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