RAIN Technologies proudly launches RAIN TRADER, a marketplace for fully automated, algorithmic investing and trading models
Upstox Founder Raghu Kumar and ace hedge fund manager Harsh Agarwal’s fintech firm RAIN Technologies has launched RAIN TRADER, a web-based platform which offers a unique marketplace of fully automated trading and investing algorithmic models. RAIN TRADER allows users to experience a hassle-free, fully automated, algorithmic trading experience. Users can simply browse the marketplace, discover algorithmic (quant) models, and subscribe to them with the click of one button.
The Indian stock market has been evolving at a rapid pace thanks to technological advancements, especially with the advent of API trading. The growing need and subsequent demand for automated trading tools was identified by Raghu and Harsh a few years back. Their journey started in 2014. Raghu, the Founder of Upstox, and Harsh Agarwal, who founded AGacquisitions, met at an award event where they discussed varied topics including the future of algo trading at length. A shared passion for technology and algo trading later evolved into a business partnership that laid the foundation for RAIN Technologies.
Launched in 2018, the company has developed a quant algo-based investment platform called RAIN TRADER for a niche clientele comprising retail participants, proprietary trading firms, institutional investors and HNI's.
RAIN TRADER is a ground-breaking automated marketplace for retail traders to make algo trading effortless for all. The product aims to bring the entire trading ecosystem together on a single platform – a home for automated trading.
Raghu Kumar, Co-Founder of RAIN Technologies and Founder of Upstox, said, "Trading is oftentimes a stressful and anxiety-ridden activity due to the fact that emotions enter the picture. It becomes difficult to control greed, fear, and other negative emotions. By availing fully automated investing and trading models, users can now participate with the stock markets in a stress-free manner. They can spend their free time doing other activities in life, and RAIN TRADER makes this possible.”