Algo Store is an online algorithm repository and collaborative environment that provides a market for traders and developers to create, purchase, and download trading algorithms, available at algostore.optionscity.com.
Through Algo Store, third-party developers are able to write and sell their self-authored algorithms, or components of algorithms, to traders around the world. The communal aspect is bolstered by the inclusion of developer profiles, a ratings system, an interactive social forum, and the prospect to become an OptionsCity Certified Developer™, a title granted to top-rated quantitative analysts and developers. Current users of OptionsCity’s algorithmic trading platform, Freeway, will gain full access to Algo Store and will be able to search for algorithms by price, category, and popularity on the Algo Store website then upload those algorithms seamlessly to their existing trading infrastructure for immediate testing and deployment. Algo Store also provides Freeway clients – at no cost – with sophisticated algorithm samples, such as delta and gamma hedging, opportunity detection, quoting algorithms, and auto spreaders.