QuantConnect Creates Tool to Develop, Share Algorithms
Through the Algorithm Framework, quants can use plug-and-play algorithms from across QuantConnect's user base.
The Algorithm Framework, which provides a defined structure for developing algorithms, breaks algorithms down into five core features: universe selection (for asset class), alpha creation (for signal), portfolio construction (for how much to buy), risk management (for risk parameters and tolerance levels), and execution (for sending the order to the market).
Jared Broad, CEO of QuantConnect, which is an open-source, cloud-based algorithmic trading platform, says that the offering aims to serve
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