We use a number of data providers for redundancy purposes. The execution engine and execution venues depend on the availability of the trader's broker/dealer. Iris will always execute in the most cost effective manner to the trader, by smart routing to the the lowest cost venues first, including many dark pools. Again, the availability of any given venue is dependent on each broker/dealer.
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Iris Pairs Trading Platform -- Full Automation
- Thread starter IrisPairsGuy
- Start date
We use a number of data providers for redundancy purposes. The execution engine and execution venues depend on the availability of the trader's broker/dealer. Iris will always execute in the most cost effective manner to the trader, by smart routing to the the lowest cost venues first, including many dark pools. Again, the availability of any given venue is dependent on each broker/dealer.
New features to Iris pairs platform charting:
1. Low / High Price Ratio Alerts can now be set on the charts either by simple point-click or by entering specific P/R values.
2. Price Ratio Mean is now plotted on the chart and lookback can be customized
All Charts (standard deviation, price ratio, % divergence) now go back 12 months.
PairsGuy
1. Low / High Price Ratio Alerts can now be set on the charts either by simple point-click or by entering specific P/R values.
2. Price Ratio Mean is now plotted on the chart and lookback can be customized
All Charts (standard deviation, price ratio, % divergence) now go back 12 months.
PairsGuy
Here's a snapshot of the latest Iris charts. They show the Price Ratio over the last 12 months (red line), with customizable Mean plotted (orange line), the Standard Deviation over the last 12 months (blue line), and the % Divergence/Convergence (not shown) over the last 12 months.
Charts can be zoomed to any custom timeframe within the 12 months period simply by point-click.
Tick data is used for intraday data points for more accuracy over the last 6 months.
All entries/exits for all levels (up to 20) are stored and plotted on the charts for the last 12 months.
Custom alerts for entries/exits/general are available for Standard Deviation levels and Price Ratio levels and are easily set by point-click/hot keys/or direct value keyboard entry (see horizontal lines labeled on chart example).
And as always Iris charts update realtime throughout the trading day tick by tick.
www.chronos-tech.com
Charts can be zoomed to any custom timeframe within the 12 months period simply by point-click.
Tick data is used for intraday data points for more accuracy over the last 6 months.
All entries/exits for all levels (up to 20) are stored and plotted on the charts for the last 12 months.
Custom alerts for entries/exits/general are available for Standard Deviation levels and Price Ratio levels and are easily set by point-click/hot keys/or direct value keyboard entry (see horizontal lines labeled on chart example).
And as always Iris charts update realtime throughout the trading day tick by tick.
www.chronos-tech.com
Attachments
Iris now has the ability to place stops (both positive and negative) based on % gain/loss custom to any pair. This is a great feature to use if the trader chooses to manage gains/losses off of percentage moves rather than standard deviation increments.
Many of our Iris users like to know what the normalized and finite $ spread value is of the pair before entering, providing a defined $ amount to be made if the pair converges back to even on the day. For example, after normalizing the prices of two paired stocks, say HD vs LOW, let's say they have spread of $0.50. Therefore, if entered at the current level the trader will make $0.50 if the pair converges back to even on the day.
As always, we like to meet our customers needs and now have added this $ Price Spread calculation graphically to our interactive charting as well as into the grids for easy sorting.
As always, we like to meet our customers needs and now have added this $ Price Spread calculation graphically to our interactive charting as well as into the grids for easy sorting.
In times like this when the market volatility is high (up or down mrkt movement), pairs trading shines. Throw Iris automation into the mix and the stress levels felt by many, many other traders are non-existent. Dow currently down 350 and pairs are performing fantastic.
PG
PG
Hello Traders!
Today's IRIS pair trading workshop will be a 2 part workshop.
Part 1)
We will be talking with Mike Laney the CEO and creator of PAIRMATCHER.com We will be discussing the new release of pair matcher V2.84 & learn about NEW features added to help Pick, Review and Scan Pairs.
(Followed by Q&A)
part 2)
We will be talking with Patrick Nilles the CEO of Chronos Technologies & creator of IRIS. Patrick will be talking about pair trading in the current market and will be discussing NEW features added to IRIS in the latest release.
(Followed by Q&A)
(As a reminder please mute your receiver when the presenters are talking so other dont hear your background noise)
To join for today's free webinar @ 4:25 EST please follow the instructions below.
You have been invited to an online meeting Tuesday September 3rd @ 4:25 Est using join.me
Join the meeting: https://join.me/iristrader
On PC or Mac, use any browser with Flash. Nothing to download.
On a phone or tablet, launch the join.me app and enter meeting code: iristrader
Join the audio conference:
No matter how you join the conference, everyone will be on the same audio call.
By phone:
1) Dial +1.213.226.1066 (United States) Dialing from another country? Check our international numbers. *
2) Enter conference ID: 378-209-690#
By computer via internet:
Join the meeting, click the phone icon and select 'Call via internet'. **
Today's IRIS pair trading workshop will be a 2 part workshop.
Part 1)
We will be talking with Mike Laney the CEO and creator of PAIRMATCHER.com We will be discussing the new release of pair matcher V2.84 & learn about NEW features added to help Pick, Review and Scan Pairs.
(Followed by Q&A)
part 2)
We will be talking with Patrick Nilles the CEO of Chronos Technologies & creator of IRIS. Patrick will be talking about pair trading in the current market and will be discussing NEW features added to IRIS in the latest release.
(Followed by Q&A)
(As a reminder please mute your receiver when the presenters are talking so other dont hear your background noise)
To join for today's free webinar @ 4:25 EST please follow the instructions below.
You have been invited to an online meeting Tuesday September 3rd @ 4:25 Est using join.me
Join the meeting: https://join.me/iristrader
On PC or Mac, use any browser with Flash. Nothing to download.
On a phone or tablet, launch the join.me app and enter meeting code: iristrader
Join the audio conference:
No matter how you join the conference, everyone will be on the same audio call.
By phone:
1) Dial +1.213.226.1066 (United States) Dialing from another country? Check our international numbers. *
2) Enter conference ID: 378-209-690#
By computer via internet:
Join the meeting, click the phone icon and select 'Call via internet'. **