As more and more institutional and individual investors pay attention to and allocate encrypted assets, the encrypted financial field where Amber Group is located is expanding rapidly. The unique characteristics of multiple trading platforms, non-stop markets, and high volatility in the field of encrypted assets also provide more room for institutions such as Amber Group to apply quantitative trading strategies to make profits. Various quantitative trading teams quickly established industry barriers and formed a certain competitive situation. Therefore, the competitiveness of an encrypted asset quantitative trading team has also become an important reference standard for investors to select high-quality encrypted asset management institutions. Although there are many complex professional indicators, investors can grasp the three key dimensions of strategy/algorithm, system, and hardware to make quick and effective judgments.
In terms of strategies/algorithms,In the field of quantitative trading, the essence of achieving the goal is to be "smarter" than whose algorithm. When doing any strategy, quantitative traders must first assume that the opponent is as smart, or even smarter. The result is also direct - whoever has a better strategy will earn money. In turn, opponents will further adjust their strategies and algorithms after failure, and a cyclical competitive situation is formed.
It is understood that from 2016 to 2017, there are still relatively simple strategies that can capture a large amount of income in the encrypted asset trading market, but since the end of 2017, with the participation of more professional participants, simple strategies have become difficult to make profits. For example, the risk-free arbitrage between trading platforms that was more common in the early days has basically failed at present—the price difference of the same encrypted asset on different trading platforms is extremely small, and it cannot even cover the handling fee. At the same time, there are still some complex arbitrage opportunities, such as between different trading pairs, or between futures and spot, there are still micro market changes that can be captured.
The market is constantly changing, and the corresponding quantitative strategies need to be constantly adjusted. There is never a strategy that can be effective forever. For professional teams, the time gap for trading strategy adjustments is very intensive, and it is usually necessary to observe the strategy performance and make adjustments every day.
At the same time, in order to avoid the "black box" of information due to personnel turnover or other reasons, quantitative trading teams such as Amber Group also pay great attention to the migration and inheritance of strategies - teamwork to formulate strategies, record and save models and documents, etc. In order to facilitate new traders to quickly familiarize themselves with and take over, and then truly realize the accumulation of technology, experience and talents.
In terms of trading systems,The relatively mature encrypted asset quantitative trading team represented by Amber Group has a large number of trading platforms that need to be connected, and needs to cover trading platforms in various markets around the world. At the same time, it is also necessary to meet the diverse strategic and trading needs of different groups within the quantitative team. However, it is difficult to find a system or tool that can be directly applied in the market. The independent research and development of the trading system is not only a manifestation of the strength of the team, but also a rigid need after the team scales up.
It is understood that small-scale quantitative teams can still find alternatives in the market, and each trading platform also has open API documents. But "connection" is easy, and "connection" is not easy. Not only does it have a certain technical threshold, but it will consume a lot of time and effort. The number of encrypted asset trading platforms is particularly large. Connecting to more markets means that more opportunities can be captured. However, the docking work of trading platforms will keep many people out. Some traders jokingly said: "It takes a year to complete one trading platform every day."
The large number of trading platforms puts forward various requirements for the development of quantitative trading systems. Unlike traditional finance that completes transactions in several fixed markets, encrypted asset transactions often cause various problems due to the inability to take care of all platforms.
To this end, Amber Group has been developing the trading system since 2017, and is still continuously upgrading and optimizing the system. Up to now, the large and small versions have been iterated nearly a thousand times, and it has become normal to release new versions every day. System iterations are adjusted with market changes, and at the same time, adjustments need to be made following the iterations of each trading platform.
In terms of hardware facilities,At present, the competition in hardware configuration for quantitative trading of encrypted assets is relatively not fierce. Traditional high-frequency trading requires the help of equipment advantages, and encrypted asset trading has not yet formed competition in this field, but Amber Group believes that competition in hardware facilities will also be the future trend of encrypted asset quantification.
Looking at the development of trading from traditional finance, people have experienced from offline quotation trading to electronic trading; from electronic trading to high-frequency trading supported by algorithms; and pursuing higher-frequency trading brought about by better hardware, trading The continuous improvement of speed has become an inevitable trend. However, the encrypted asset trading market has its particularities. In its short history, a variety of trading targets and unique trading platforms have emerged. It will take longer for this market to complete the reshuffle, but with the continuous improvement of the industry's ecological construction, the trend of pursuing higher-frequency transactions is bound to be reflected in the encrypted asset trading market. Even so, Amber Group still has investment in hardware facilities that far exceeds the industry average. The trading team will combine the areas where the trading platform is concentrated, or deploy servers for different strategies. Match global crypto asset trading requirements with servers all over the world.
It is reported that, as an industry-leading global encrypted financial intelligence service provider headquartered in Hong Kong, Amber Group emphasizes that it is committed to serving global users with innovative technology, combining artificial intelligence, big data, blockchain and other high-tech and sophisticated quantitative research Combined, applied to the encrypted financial ecology, helping global users to integrate into the intelligent encrypted financial world more efficiently and flexibly, and continue to create long-term value for it.
