Integrating AXE : A Comprehensive Guide
4 Minute Read
In the fast-paced world of finance, staying ahead requires innovation and efficiency. AXE, an advanced AI-powered trading execution, was developed by Qraft to help financial institutions with their large order execution. With clients including the National Pension Services in Korea, AXE's integration into day-to-day operations has been seamless, offering an innovative tool for trading that aligns seamlessly with existing order management systems. This article delves into how AXE can integrate into a firms pre-existing platform , how AXE works with a firm’s Order Management Systemt, and the impressive results AXE has delivered.
How AXE Can Integrate Into a Firms Pre-existing Platform
AXE offers traders effortless integration with their existing order management systems. Unlike traditional rule-based algorithms that can be complex and time-consuming to implement, AXE's utilization is refreshingly straightforward, and traders can continue using the user interface they are already familiar with.
With AXE, traders simply input five parameters: the stock, the desired number of shares to purchase, the start period, end period, and the choice between two execution strategies: Volume Weighted Average Price (VWAP) or Time Weighted Average Price (TWAP). With these parameters set, the AXE engine springs into action, autonomously sending signals to the OMS on when to purchase stock within the specified time frame.
How AXE Works with a Firms Order Management Systems (OMS)
Visualizing the integration process reveals the synergy between AXE and a firm's order management system (OMS). The connection is depicted in a diagram below that illustrates AXE as a docker application linked to the OMS.
Here's how it works:
Processes s are repeated until the order quantity is completed. A live simulation is shown below.
Unveiling AXE's Remarkable Results
The true test of any trading solution lies in its performance. AXE, powered by its advanced AI algorithms, delivers impressive results that consistently outshine traditional methods. AXE outperforms the Volume Weighted Average Price (VWAP) strategy by a noteworthy 5 basis points, 95 mil usd. This level of performance is a testament to the precision and adaptability that AXE brings to the trading landscape. Furthermore, QRAFT has recently announced a partnership with KWAY, the largest OMS (Order Management System) firm in Taiwan. This collaboration aims to integrate QRAFT's signals into a well-structured package called OMS, ensuring that their financial firm clients can adopt AXE much more easily and quickly.
Going Forward
Its integration with established order management systems provides a seamless experience for traders, streamlining execution without the need for complex system overhauls. Through its real-time connection with live market data and AI-driven decision-making, AXE has demonstrated its capability by consistently outperforming VWAP by approximately 5bps-10bps. As the financial world continues to evolve, AXE continues expand into international markets.
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