The Swiss and Czech-based startup TradeStreet using a proprietary algorithm to track unusual stock market events is expanding its coverage from Switzerland and Czechia to the rest of Europe and the United States.
Prague, Czech Republic–(Newsfile Corp. – May 18, 2022) – TradeStreet, a Swiss and Czech-based fintech startup, is expanding its operations over the borders to foreign markets including the rest of Europe, the US and other major markets. TradeStreet is an application that helps to detect unusual events happening in the US stock market by analyzing hundreds of millions of data daily in real-time.
“We are committed to make the big market data readable to anyone,” Co-Founder and longtime investor Dominik Kovarik said. “People can go and search in millions of data in publicly or privately available data sources, but it is extremely difficult to interpret anything from them. Thus, we have founded TradeStreet. We combine data from many sources and by using modern AI algorithms we backtest, combine and interpret the results to the users.”
Dominik Kovarik, TradeStreet Co-Founder & Investor
The platform makes it easy for intraday, swing and long-term traders to follow unusual option flows. Delivering more than 600 unusual option orders a day by scanning multiple exchanges at once, it helps stock and option traders to reveal sweep orders on the option market. That is especially helpful in conjunction with unusual trades in Dark Pool exchanges (private securities exchange in which typically large financial institutions trade anonymously).
The users will find many other features like analysis of insider transactions (CEOs, CFOs, beneficial owners and others). The AI runs big data analysis on this data based on clustering of the transactions, sentiment evolution and many more.
TradeStreet makes big market data readable to anyone
Similarly, one can follow analyst ratings from the top Wall Street analysts powered by AI and a set of other rules trying to filter the best analyst ratings. The proprietary algorithm, called TradeStreet Analyst Algo™, is an algorithm that based on several conditions trades based on new analyst ratings.
The platform is full of such features, and it is extremely transparent with their customers regarding future features. Via a public roadmap, it prioritizes new features directly with the users. Users can even suggest new feature ideas and by voting and they can eventually be implemented by the two development teams located in Switzerland and the Czech Republic.
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