Trading Software Development - Empirica (2024)

Disclaimer. We do not offer arbitrage bots or any other trading software. We have done it for years and have seen that we could better serve our customers by offering them full service, not only a tool. Empirica is now fully focused on providing liquidity for projects as a market maker. If you need help in that area, let us know!

To build a trading platform you do not need to start from scratch. With our 10 years experience in trading software development for capital and now crypto markets, we set up customer products from building blocks implementing only a logic specific for your business. Components like execution engines, portfolios, investor frontends, trading algorithms, connectivity to crypto and traditional exchanges are already there just waiting to be integrated into your solution. You do not pay for reinventing the wheel and we will build your product faster. That is how we work.

Hedge Funds

We provide out-of-the-box or implement proprietary trading algorithmsor trading bots that can be executed on different crypto exchanges. We also run custom hedge fund software development projects

Brokerages

We provide algorithmic trading software and services for internal brokers’ operations as well as for their institutional customers

Stock Exchanges

We help monitoring liquidity of exchanges for all listed instruments. We build also bespoke trading platforms for them and their institutional customers

Banks

We build for banks custom trading and wealth management software integrated with their infrastructure

Cryptocurrency markets

OTC Brokers

We help OTC desks with smart order routing algorithms to achieve best price for their customers. We also run custom OTC software development projects

Crypto Exchanges

We give exchanges the tools to monitor liquidity and make their markets. We also run custom software development for cryptocurrency exchanges to improve their infrastructure.

Token issuers

We help issuers improve the liquidity of their token with our institutional grade market making services and facilitate trading conditions for their investors

  • Trading algorithms

    Our quants have a lot of experience in implementing arbitrage, market making and execution algorithms for cryptocurrency as well as stock and derivatives markets. More on trading algorithms development

  • Market data storage

    Market data high volume storage database systems for not only tick data but also order book changes record

  • Exchange System

    Scalable and low latency matching engine systems along with user portfolio management, FIX gateways and other important functions that will improve functionality of the exchange. More on crypto exchange software development

10

years experience in building trading software for stock, derivatives and crypto markets

40

top developers onboard

13

ready to use trading components

3

own trading software solutions

What you can expect when developing a trading applications with us

  • AGILE

    For developing a trading software we use agile methodologies. By default we follow Scrum or Scrumban approaches. We work in short (usually bi-weekly) cycles and maintain constant communication with a customer. Transparency is one of Empirica’s core values. That’s why our clients have access to all the tools needed to track the project’s progress. And that’s why we hold daily and weekly meetings to make sure everyone’s in the loop.

  • MVP

    Our basic approach is convincing the customer to build MVP (working prototype) in a two to three months. This allows us to provide the first production release of a trading system. Every two weeks the customer will get a product increment and won’t freeze money for long-term product development.

  • CHIEF ARCHITECT

    Every project managed by us has a project manager, a quality assurance specialist (QA), backend and frontend developers. To keep the highest standards of performance, reliability and scalability all our projects are supervised personally by our CTO. He acts as Chief Architect for our customers using his 20 years experience in trading systems development.

Empirica provides services for trading companies in following areas related to software development:

  • Server-Side Development

    Back-end applications development, based on JEE servers or custom solutions when high performance is required.

  • Web and Mobile Development

    Development of web, mobile and desktop applications including trading applications with advanced presentation layer (charting, interactive tables, reports).

  • Connectivity

    Implementation of connections to exchange, brokerage or back-office systems or any other systems that require integration.

  • Algorithms

    Support in technical side of algorithmic strategies implementation.

  • Testing & Test Automation

    Customers support in testing their own systems and applications regarding conformance to standards, compatibility to exchanges’ systems, performance, stability and security.

  • Optimisation

    System tuning through optimisation of source code, database or system I/O operations in order to achieve the required performance levels.

When doing trading software project together cover following roles:

  • Software Developers
  • Architects
  • Quants
  • Testers, Test Automators
  • Quality Manager
  • Project Manger

In trading projects we can cover most team roles but the product manager should be definitely your representative.

Trading Software Development - Empirica (1)

We can back your custom trading software project with skills and expertise in following areas:

  • Business: statistics, mathematics, risk control, portfolio management, trading, quantitative trading, derivatives pricing.
  • Programming Languages: Java, JEE, Swing, JavaScript, AngularJS, React.
  • Middleware: most application servers.
  • Backend: most databases available.
  • Connectivity: most financial protocols, messaging software and frameworks.
  • Integration with: external systems (exchanges, brokers, trading platforms, backoffice) and data sources.
  • Testing: unit, integration, system test, behavioural, functional, highest degree of automation.
  • Continuous Integration: Maven, Hudson/Jenkins.
  • Continuous Deployment: Ant, Ansible.
  • Collaboration Tools: Git/SVN, Trac, TestLink, Sonar, Trello, Slack.

Trading Software Development - Empirica (2)

Years of experience in trading platform development for capital and cryptocurrency markets resulted in perfecting the way we build software. When working with us you can expect:

  • Agile processes, continuous integration.
  • Constant customer interaction through joint stand-ups and retrospectives.
  • Frequent iterations, deliverables and demos maximising common understanding and progress tracking.
  • Own test team, highly automated test processes, own tools, simulators and infrastructure.
  • Talented, experienced and engaged software developers, testers, quants, project managers, architects.
  • Trading know-how of most asset classes like stocks, futures, options and cryptos. This knowledge results in tremendous added value to your projects.
  • Proven processes and tools for remote cooperation. We use jira, slack, track, git or svn code repositories and continuous integration.

Trading Software Development - Empirica (3)

Trading Software Development - Empirica (4)

Trading Software Development - Empirica (5)

I bring a wealth of experience and expertise in the field of trading software development, particularly in capital and cryptocurrency markets. With over 10 years of hands-on experience and a team of 40 top developers, Empirica has been a key player in the industry. Our focus has shifted towards providing comprehensive services, including market making and liquidity provision.

Now, let's delve into the concepts mentioned in the article:

  1. Empirica's Shift in Focus: The article highlights Empirica's transition from offering arbitrage bots and trading software to providing full-service solutions. This shift is attributed to years of experience, recognizing the value of offering customers a complete service rather than just a tool.

  2. Trading Platform Development: Empirica emphasizes that building a trading platform doesn't require starting from scratch. Leveraging their 10 years of experience in trading software development, they offer customizable solutions with pre-built components for execution engines, portfolios, investor frontends, trading algorithms, and connectivity to both crypto and traditional exchanges.

  3. Targeted Services for Various Entities:

    • Hedge Funds: Empirica provides out-of-the-box or proprietary trading algorithms and bots for execution on different crypto exchanges.
    • Brokerages: Algorithmic trading software and services are offered for internal broker operations and institutional customers.
    • Stock Exchanges: Services include monitoring liquidity, building bespoke trading platforms, and catering to institutional customers.
    • Banks: Custom trading and wealth management software integrated with bank infrastructure are developed.
    • Cryptocurrency Markets, OTC Brokers, Crypto Exchanges: Tailored solutions, including smart order routing algorithms and custom software development.
    • Token Issuers: Empirica helps improve token liquidity with institutional-grade market-making services and facilitates favorable trading conditions for investors.
    • Connectors to Exchanges: Empirica offers a ready-made framework for integrating trading systems with any crypto exchange.
  4. Technical Components: The article outlines various technical components and solutions provided by Empirica, such as trading execution middleware, investor frontends, trading algorithms, market data storage, exchange systems, and scalable matching engines.

  5. Experience and Team Roles: Empirica boasts a team covering roles such as software developers, architects, quants, testers, quality managers, and project managers. The Chief Architect, with 20 years of experience, personally supervises projects to ensure high standards.

  6. Development Areas: Empirica's services cover server-side development, web and mobile development, connectivity, algorithm support, testing, test automation, optimization, and continuous integration and deployment.

  7. Technological Expertise: Empirica's technological expertise includes programming languages like Java, JEE, Swing, JavaScript, AngularJS, React, middleware, backend development, connectivity with financial protocols, integration with external systems, testing methodologies, continuous integration, and collaboration tools.

  8. Expectations When Developing with Empirica:

    • Agile Approach: Empirica follows agile methodologies, particularly Scrum or Scrumban approaches, with short development cycles and constant client communication.
    • MVP Development: The emphasis is on building a Minimum Viable Product (MVP) in two to three months, allowing for the first production release and avoiding long-term financial commitments.
    • Chief Architect Supervision: Every project has a project manager, QA specialist, backend and frontend developers, and personal supervision by the Chief Architect (CTO) to ensure performance, reliability, and scalability.
  9. Collaboration Tools: Empirica utilizes collaboration tools such as Jira, Slack, Track, Git/SVN, TestLink, Sonar, Trello, and Slack for efficient remote cooperation.

  10. Proven Processes: The article highlights Empirica's proven processes and tools for remote cooperation, including constant customer interaction, frequent iterations, demos, and an own test team with highly automated processes.

In summary, Empirica positions itself as a reliable partner for trading companies, offering a wide range of services, proven expertise, and a collaborative approach to software development in the dynamic landscape of capital and cryptocurrency markets.

Trading Software Development - Empirica (2024)
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