Welcome to Twelve Data's exclusive interview series, where we delve into the captivating world of startups, focusing today on the exciting realm of algorithmic trading. Join us as we unveil inspiring success stories from visionary industry pioneers. In this edition, we are thrilled to present "Niuton: Success Story in Algorithmic Trading."
Algorithmic trading has revolutionized the financial landscape, empowering traders with advanced computational techniques to execute trades at remarkable speeds and efficiency.
Algorithmic trading has revolutionized the financial landscape, empowering traders with advanced computational techniques to execute trades at remarkable speeds and efficiency.
So, what is algorithmic trading?
Algorithmic trading is a sophisticated approach to financial markets where computer algorithms are utilized to execute trades automatically, following predefined rules and strategies.
These algorithms analyze vast amounts of data, such as price movements, volume, and market indicators, to identify profitable opportunities and execute trades at lightning speed.
Algorithmic trading aims to capitalize on even the tiniest market inefficiencies and is commonly employed by institutional investors and hedge funds to enhance trading efficiency and profitability.
These algorithms analyze vast amounts of data, such as price movements, volume, and market indicators, to identify profitable opportunities and execute trades at lightning speed.
Algorithmic trading aims to capitalize on even the tiniest market inefficiencies and is commonly employed by institutional investors and hedge funds to enhance trading efficiency and profitability.
Nutrition interview
Join us as we sit down with the brilliant minds behind Niuton to unravel their journey, uncover the secrets of their triumphs, and gain valuable insights into their cutting-edge strategies that have catapulted them to the forefront of the algorithmic trading sphere.
Twelve Data
Hey Niuton! It's a great pleasure to have you as the kicking-off company in our customer interview series. Can you tell us more about your business?
Hey Niuton! It's a great pleasure to have you as the kicking-off company in our customer interview series. Can you tell us more about your business?
Niuton
Hi! Thanks for inviting us. Niuton is low-frequency high-impact data as a service to our clients and our main product is an out-of-the-box hedge fund solution with buy signals, sell signals, and risk management fully automated and based on unique and advanced algorithms. This product has been live for more than three years as we speak.
Niuton also provides a portfolio management service with a surveillance tool to get firm feedback on when to sell or buy any given stock they have asked to have monitored, subsequently generating benefits to bring in a steady income. Niuton’s tech is generic and built from scratch in-house by our team. The tech, independent of time and location, has been tested and verified to work on any market anywhere.
Hi! Thanks for inviting us. Niuton is low-frequency high-impact data as a service to our clients and our main product is an out-of-the-box hedge fund solution with buy signals, sell signals, and risk management fully automated and based on unique and advanced algorithms. This product has been live for more than three years as we speak.
Niuton also provides a portfolio management service with a surveillance tool to get firm feedback on when to sell or buy any given stock they have asked to have monitored, subsequently generating benefits to bring in a steady income. Niuton’s tech is generic and built from scratch in-house by our team. The tech, independent of time and location, has been tested and verified to work on any market anywhere.
Twelve Data
How big is your team?
How big is your team?
Niuton
Niuton has five people in the core team with various backgrounds, including maths, data science, and architecture. The team leads research, business development, analysis, and automation along with data science and is supported by two advisors. We are expecting rapid growth over the new year.
Niuton has five people in the core team with various backgrounds, including maths, data science, and architecture. The team leads research, business development, analysis, and automation along with data science and is supported by two advisors. We are expecting rapid growth over the new year.
Twelve Data
What are your main objectives for which you want to use our products?
What are your main objectives for which you want to use our products?
Niuton
Niution’s aspiration is to live in all markets around the globe, and one of our strategic partners who can help us make it happen is Twelve Data as an ideal data service provider. Our purpose at Niuton is to improve customers' experience through active, dedicated and engaged investment, which strives to deliver attractive outcomes.
Niution’s aspiration is to live in all markets around the globe, and one of our strategic partners who can help us make it happen is Twelve Data as an ideal data service provider. Our purpose at Niuton is to improve customers' experience through active, dedicated and engaged investment, which strives to deliver attractive outcomes.
Twelve Data
What data vendor companies did you use in the past? Why did you choose the Twelve Data?
What data vendor companies did you use in the past? Why did you choose the Twelve Data?
Niuton
Twelve Data is the only provider we find to have satisfactory ambition and quality with regard to building truly global and scalable solutions alongside a startup spirit that is very familiar to our company.
Twelve Data is the only provider we find to have satisfactory ambition and quality with regard to building truly global and scalable solutions alongside a startup spirit that is very familiar to our company.
Twelve Data
How have you benefited from using our products/services?
How have you benefited from using our products/services?
Niuton
Twelve Data smooth APIs and a true metaverse mindset have enabled Niuton to scale at a rapid pace. Twelve Data also provides reliable data to their customers and demonstrates flexibility to meet very high demands, which is difficult to overestimate.
Twelve Data smooth APIs and a true metaverse mindset have enabled Niuton to scale at a rapid pace. Twelve Data also provides reliable data to their customers and demonstrates flexibility to meet very high demands, which is difficult to overestimate.
Twelve Data
What would you say to other businesses facing the same challenges as you did?
What would you say to other businesses facing the same challenges as you did?
Niuton
I would say - Either stay stuck in the old legacy or choose to attack the future with fresh solutions built with the team from Twelve Data.
I would say - Either stay stuck in the old legacy or choose to attack the future with fresh solutions built with the team from Twelve Data.
Twelve Data
Finally, how do you think we can improve our onboarding process?
Finally, how do you think we can improve our onboarding process?
Niuton
The onboarding is quite good. No problem there. In total, we are big Twelve Data fans.
The onboarding is quite good. No problem there. In total, we are big Twelve Data fans.
Twelve Data
Thanks for today! We’ve been really impressed with your level of proficiency and the product you do. We wish you all the best for the future.
Thanks for today! We’ve been really impressed with your level of proficiency and the product you do. We wish you all the best for the future.
Final thoughts
In this insightful interview with Niuton, we explored their groundbreaking venture in algorithmic trading and their journey toward becoming a leading data service provider in the financial markets. With a team of skilled professionals and a robust, in-house tech solution, Niuton has successfully developed a sophisticated hedge fund solution that employs unique algorithms for automated buy and sell signals and risk management.
Twelve Data's data service has been an instrumental strategic partner for Niuton, providing reliable and scalable solutions with a metaverse mindset. The seamless APIs and flexibility of Twelve Data have enabled Niuton to rapidly scale and thrive in various markets worldwide.
Twelve Data's data service has been an instrumental strategic partner for Niuton, providing reliable and scalable solutions with a metaverse mindset. The seamless APIs and flexibility of Twelve Data have enabled Niuton to rapidly scale and thrive in various markets worldwide.
Updated July 25, 2023
