current offerings
Proof builds execution algorithms for institutional US equity asset managers.
1. Proof
A hybrid liquidity seeker/impact minimization algo that balances speed of execution with avoiding undue market impact as per our novel quantitative model, with an opportunistic component searching for block liquidity in parallel.
2. VWAP
Trades in-line with market volume based on a dynamic volume prediction model.
3. Aggressive
An aggressive liquidity seeker that leverages our dynamic volume prediction model and optimizes the scheduler to meet a target POV. The tactical logic is the same as our flagship Proof Algo with a more aggressive top-level scheduling and a parallel opportunistic component.
Why we publish our algo design
As computer systems evolve, we layer abstractions between ourselves and the lowest level operations of bits. We delegate to hierarchies of teams, tools, and vendors. We allow knowledge to pool into silos of narrow specialization...
How the algos work
From the outside, an institutional trading platform may seem like a giant black box of code. But beneath the hood, there are many different jobs happening. Here, we’ll dive into the key piece of code responsible for making trading decisions.
Proof Trading, Inc.
176 Broadway #15D
New York, NY 10038