QuantConnect: Revolutionizing Quantitative Trading
QuantConnect is a cutting-edge open source algorithmic trading platform that offers a comprehensive suite of tools for traders and researchers. It provides a unified API for research, backtesting, and live trading on the world's leading algorithmic trading platform.
The platform's cloud-based research terminals access terabytes of financial, fundamental, and alternative data, preformatted and ready to use. Users can access popular machine learning and feature selection libraries to quantify factor importance. It also allows for the installation of custom packages on request.
QuantConnect accurately models multi-asset portfolio strategies, tracking real-time strategy equity across complex portfolios in backtesting and live trading. It covers a wide range of assets, including US stocks and ETFs, equity options, indexes, futures, future options, forex, CFD, and cryptocurrencies.
The platform serves a rich library of alternative data with more than 40 distinct vendors, covering millions of potential strategies. Each dataset is processed with a uniform timestamp and delivered to the strategy point-in-time to avoid selection bias.
LEAN, the algorithmic trading engine at the heart of QuantConnect, is an open-source platform that has been developed by more than 180 engineers. It provides modeling that surpasses the best financial institutions in the world and can be run on-premise or in the cloud.
QuantConnect also boasts a global community of 328,700 quants, researchers, data scientists, and engineers. This vibrant community shares strategies and knowledge through the forums, contributing to a vast library of public quant research.
In conclusion, QuantConnect is a powerful tool for those looking to enhance their quantitative trading strategies and take advantage of the latest in trading technology.