CloudQaunt - Providing Capital for Algo Traders

CQ ELite

CQ Elite allows you to take your backtesting of trading strategies and trading algorithms to the next level.

You have ideas, thoughts, insights on how to create a profitable trading strategy. But you know that to be effective, to be profitable in quantitative trading you need:

  • Access to historical market data
  • Access to technology
  • Access to traders
  • Access to capital
  • Access to new datasets
  • Access to strategy backtesting tools
  • Access to professional level, standardized reports

CQ Elite provides you all of this. It is an environment where you can confidentially test your trading ideas or strategies by having access to more detailed trade and quote data.

Market Data Available in CQ Elite

  • Millisecond level Historical Market Data.
    • askvol: The sum of the volume traded shares at or above the ask during the timeframe
    • avgdelta: Average change in price between trades during time period.
    • bidvol: The sum of the volume traded shares at or below the bid during the timeframe
    • bvwap: the volume weighted average price
    • close: the closing price for the bar
    • count: number of items contributing to the bar
    • high: the highest price for the bar interval
    • length: integer time length for the bar
    • low: lowest price for the bar
    • open: first qualifying trade of the bar
    • primary_close: closing price for the symbol’s primary exchange
    • primary_open: opening price for the symbol’s primary exchange
    • spread: The average difference between the ask and the bid for the bar
    • symbol: the exchange mnemonic that represents one exchange trade stock or other financial instrument.
    • timestamp: The timestamps for the beginning
    • valid: whether or not bar is valid
    • volume: The volume  for the bar
    • vwap: volume-weighted average price(vwap)
    • NYSE, ARCA, and NASDAQ imbalance data
    • Earnings calenders
    • News sentiment data
  • Historical Statistics on each symbol including:
    • atr: Average True Range (a.k.a. Average Trading Range), over 10 days based on an underlying 250 days of TR (True Range).
    • avol: Average Volume over 21 days, or whatever smaller number of days is actually available.
    • beta: Beta, computed over a 249 day time period or as short as 20 days
    • dividend_amount: The dividend amount in dollars applied to the stock price.
    • dividend_comment: further information on the dividend
    • exchange: The primary exchange code
    • lot_size: number of shares per lot
    • prev_close: the previous day’s closing price

Data is not directly accessible. The only way to access the data is through a backtest script.

Sentiment Data Available in CQ Elite

Sentiment is a score or ranking of how a group of investors or investment professionals “feel” about news and investments. The sentiment comes from multiple sources: Twitter, Blogs, LinkedIn, Facebook, etc. Some sentiment is from market professionals or their Artificial Intelligence equivalents that monitor news stories, public filings, speeches, or other public sources.

The sentiment is quantified on a range from pessimistic to optimistic about the company or the specific news.

Sentiment Data is often referred to as Emerging Data, Alternative Data or AltData.

CloudQuant Elite has Sentiment data for:

  • StockTwits
  • Alexandria Technologies
  • Bloomberg (under an evaluation license)

Data is not directly accessible. The only way to access the data is through a backtest script.

Backtesting

Backtesting provides a way to evaluate your trading strategy based upon historical data to estimate the how the strategy would perform. Historically this has only been possible within large financial institutions with access to large data sets, and computer infrastructure.

CloudQuant is breaking that mold and using modern cloud technology to level the playing field.

CQ Elite provides historical microsecond timestamped market data so that past market conditions are provided with sufficient detail to provide accurate estimations of your trading strategy performance.

Elite members have backtesting access to more advanced functions within their scripts. These allow the algo to be more sophisticated. For example, the “on_nbbo_price” function allows you to develop a better profit taking algo by providing you with access to each best bid and best offer change rather than having to wait for each 1-minute bar change that is available in CQ Lite.

Elite Backtest Functions include:

  • Order Processing Events:
    • on_ack,
    • on_fill,
    • on_cancel,
    • on_reject
  • Market Data Events
    • on_nasdaq_imbalance,
    • on_nyse_imbalance,
    • on_nbbo_price,
    • on_trade,
    • on_arca_imbalance,

As a CQ Elite user, you are able to run as many backtest as you require to validate that your trading strategy will work. You are in control. You can choose:

  • The Date range,
  • The symbols,
  • The parameters,
  • The Latency
  • The Risk Management
  • The Input Data

Backtest results are shown online. As a CQ Elite user, you have access to multiple reports and statistics on your trading strategies.

Technology

The CQ Elite platform is a cloud-based environment that supports Python.

Python is an easy to use, robust, and forgiving programming language. Many people who have written macros in Microsoft Excel® have a very easy time learning Python.

CloudQuant provides access to several popular financial and statistical libraries.

 

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