Solution
Algorithmic trading for everyoneApproach
Software as a service
Our product is a cloud based service that does not need local infrastructure on your side. The licensing is based on monthly fees depending on your specific setup.
Microservice
We strongly believe in the "API-first" approach and therefore built our product around a simple to use API that allows you to easily implement own algorithms and other integrations with our product.
High availability
Our product is designed for high availability with two redundant application servers that guarantee a maximum uptime through separate market connections.
Algorithm options
AI-powered Algorithms
PowerBot comes with two integrated standard algorithms for position closing and flexibility trading that can be extensively parametrized to fit your needs and work out of the box. Our smart algorithms are powered by AI-features developed by our data science team.
Custom Algorithms
In case you need more flexibility, PowerBot makes it extremely easy to implement your very own (speculative) trading strategies in Python with our algorithm framework. Or use any other programming language with our OpenAPI interface.
Typical Business Cases
Position Closing
Close open positions that derive from renewable generation or industrial consumers in order to avoid high prices for balance energy.
Flexibility Trading
Monetize your flexible assets like hydro storage power plants, battery storages or natural gas power plants.
Speculative Trading
Earn revenues by implementing your own speculative trading strategies that open and/or close positions at the intraday market.
UsE Cases
Algorithmic Trading
Setup 24/7 trading operations desks that run fully automated with little effort
Custom dashboards
Build dashboards for your traders to automate recurring tasks with the click of a button
Data science
Build real-time market analytics to support your trading or gain insights from historical market data
App integration
Connect your existing software applications to the intraday market with the help of our client libraries
Features
- Support for all major exchanges
- Standard algorithms for position closing and flexibility trading
- Multi-tenancy feature to share market access with third parties
- Unlimited number of portfolios
- Cross trade recognition and internal trades
- Position and signal management with historization
- Web based dashboard
- Two redundant production instances for high availability (cloud hosted with SLA)
- OpenAPI with client library for all major programming languages
- Web socket event subscriptions
- Client docker stack for implementation of performant algorithms
- API key based access rights management
- Backtesting package
- Historical database containing public market data
- SQL exporter for historical market data
- Simulation environment for development and testing
- Sample scripts and tools
- Reporting interface
Business
- Support for all major exchanges
- Standard algorithms for position closing and flexibility trading
- Multi-tenancy feature to share market access with third parties
- Unlimited number of portfolios
- Cross trade recognition and internal trades
- Position and signal management with historization
Technology
- Web-based dashboard
- Two redundant production instances for high availability (cloud hosted with SLA)
- OpenAPI with client library for all major programming languages
- WebSocket event subscriptions
- Client Docker stack for implementation of performant algorithms
- API key based access rights management
Analytics
- Backtesting package
- Historical database containing public market data
- SQL exporter for historical market data
- Simulation environment for development and testing
- Sample scripts and tools
- Reporting interface
User Stories
- International trading company with team of quantitative analysts
- Used PowerBot as basis for an internal algorithmic trading hub to algorithmically trade several European electricity intraday markets
- State-owned power producer with large flexible gas and hydro power storage plants
- Uses a customized flexibility trading algorithm to optimize flexibility revenues, programmed by PowerBot team
- Private trading company active at several European energy exchanges without assets
- Uses PowerBot to build large number of own prop trading strategies in Python to profit from reoccurring market patterns
- Private trading company with focus on renewable asset marketing
- Developed a machine learning algorithm to optimize position closing for a renewable portfolio using PowerBot’s historical market data
- Private trading company with team of human traders
- Uses PowerBot to process, visualize and analyse order book, trade and capacity data in real time to generate trading signals for human traders
- Private trading company with team of human traders
- Uses PowerBot to process, visualize and analyse order book, trade and capacity data in real time to generate trading signals for human traders
- Private trading company offering trading services for smaller utilities
- Uses PowerBot’s standard algorithms to offer trading as a service for position closing and flexibility marketing
- Private trading company with renewable asset portfolio
- Uses PowerBot standard algorithm for position closing to reduce imbalances from its renewable portfolio with third party weather forecasts
Algorithmic Trading Department
Asset optimization
Prop trading algorithms
Machine learning algorithms
Realtime market insights
Dashboard for traders
Position closing for renewables
Service provider for utilities
Technologies we use
