Firms that rely on human intuition for trading are completely unable to ingest and harness the vast amount of data that exists for financial markets. Even if they were able to extract some intuition, they are often unable to translate this to a successful trading strategy in a responsive manner.
This is where DropShot’s algorithmic data engines help us a lot. We ingest raw data from a range of sources. The data includes global financial exchange data, news, economic data and other sources. This data is systematically cleaned, processed and deployed for our algorithm so that the algorithm can use the most up to date and comprehensive information possible.