BOSTON--(BUSINESS WIRE)--Quantopian, the free online platform for education and creation of institutional-quality investment algorithms, announced today the addition of U.S. futures to their platform, allowing for the creation of investment algorithms that trade futures contracts.
The addition of futures, including a getting-started tutorial, hands-on lectures, and access to 15 years of data on 72 futures contracts in our research environment, is the first major expansion beyond U.S. equities of the Quantopian platform. Access to futures is free to everyone using Quantopian, which includes more than 120,000 people from around the world.
“Futures opens a new market to be explored by our community, for our members to learn and find profitable algorithms,” said CEO John ‘Fawce’ Fawcett. “Our first step to democratize finance was in U.S. equities, and futures is the second.”
The available futures data includes daily and minute-level detail on open, high, low, close, and volume data and is collected from electronic trade data dating back to 2002.
Backtesting of algorithms developed on the Quantopian platform and using futures is available on April 28, 2017. Futures data is available in the Quantopian research environment.
“In addition to providing extensive data, Quantopian also will be adding significant resources to our online platform so anyone can learn how to develop strategies utilizing futures,” Fawcett said. The new release includes a tutorial to help visitors get started researching futures strategies and free online lectures about important concepts in futures. Quantopian also now offers a paid one-day workshop covering futures trading which debuts today at QuantCon 2017 in New York City.
Since its founding in 2011, Quantopian has built a fast-growing community of more than 120,000 people from 180 countries who are using the platform to educate themselves on quantitative investing, and create and test investment algorithms.
In early April, Quantopian began allocating tens of millions of dollars toward investment algorithms developed by its members as part of the company’s investment management business. Each of the selected algorithm authors will be paid 10 percent of the net profits generated by their strategy.
Quantopian inspires talented people from around the world to write investment algorithms. They provide capital, data, education tools, and infrastructure to algorithm authors. Quantopian offers license agreements for algorithms that fit its investment strategy, and the licensing authors are paid 10% of the net profits, based on their strategy’s individual performance. On April 6, 2017, Quantopian announced it had made several allocations to authors around the world, ranging from $3 million to $100,000, with a median of $1.5 million.
The company has received nearly $50 million in equity investments, including recently closing a Series C fund led by Andreessen Horowitz.
Quantopian’s community nearly doubled in each of the last four years, now with more than 120,000 members, including finance professionals, scientists, developers, and students from 180 countries. The members collaborate online and in person at regional meetups, workshops, and Quantopian’s flagship QuantCon events in New York and Singapore. Quantopian provides members a research and development platform, which includes US equity pricing, futures data, and corporate fundamental data for free. Members may also access a fast-growing catalog of premium datasets. To date, more than 6 million simulations have been run on Quantopian’s platform. For more information, visit www.Quantopian.com.