CoinSharesis an algorithmic trading tool for retail investors. STATUSannounced its launch.
The trading platform, designed by the CoinShares team, will first be available in the company’s headquarters in Europe. It will be integrated with major exchanges and more integrations will be added gradually.
Algorithmic Trading Product from CoinShares
Providing institutional solutions for cryptocurrency investors, CoinShares is an algorithmic trading tool for retail investors. STATUSannounced the launch of its platform.
The platform, named HAL, will offer users access to trading algorithms designed by the CoinShares team. The platform will first start to serve in Europe, integrating with major exchanges. More integrations for the platform will be provided gradually in the next period.
CEO of CoinShares Jean-Marie Mognetti, told The Block ahead of the launch that the company wants to help people delegate their trading needs in a fast-trading market seven days a week.
mognettifurthermore, he said:
“Consumers who trade crypto don’t have time to look at their phones every five seconds. You have to delegate some of the decision-making process to help you make the right choice.”
