RTS Announces RTD Tango Backtester
First Published Wednesday, 25 April 2007 from Automated Trader : Automated Trading News
Automated Trading Tool Lets Traders Test Strategies Against Historical Data. Designed to allow traders to comprehensively and easily test their trading models before putting them into action, the RTD Tango Backtester can assist users with the full range of trading strategies they employ.
RTS Realtime Systems Group (RTS) has announced the introduction
of the company's newest
automated trading tool, the RTD Tango Backtester. Designed to
allow traders to
comprehensively and easily test their trading models before
putting them into action, the RTD
Tango Backtester can assist users with the full range of trading
strategies they employ.
RTS has extended its popular Tango algorithmic trading tool with
the Backtester offering. RTD
Tango Backtester enables clients to test their proposed trading
strategies and models by
simulating transactions through a comprehensive set of real
historical market data to
determine how their approach would have fared over an extended
period of time. Users can
evaluate their anticipated trading performance after customizing
their "backtest" by running
thousands of parameter combinations or strategy components
against historical tick data and
market depth. After analyzing the results, they can modify their
strategies and swiftly test the
modifications as well.
"We've designed this technology to not only be fast and efficient
but truly easy to use," said
Steffen Gemuenden, co-CEO of RTS Realtime Systems. "Ideal for
testing everything from the
most basic trading strategy to the most complex multi-layer set
of algorithms, RTD Tango
Backtester accommodates a broad range of traders with
straightforward, practical and high
performance technology."
RTD Tango Backtester is a server-based application with a
graphical user interface (GUI)
compatible to Tango, which was introduced one year ago. Once they
are satisfied with their
models, users can quickly convert their "backtests" into active
strategies on Tango, reducing
time to deployment.
"Users can also test multiple variations of a strategy
simultaneously against the same
historical market information, providing opportunities to quickly
refine and deploy their
models," Gemuenden said.
Because RTS designed Backtester with significant scope and
flexibility, the user can test
against historical tick data and full market depth and can
accelerate market feeds up to 1,000
times the actual occurrences. They can also slow down testing to
observe the minute detail of
transactions to maximize their strategic analysis and the
consistency of their logic.
Backtester also enables clients to test their strategies against
real time market data -
simulating an exchange in a real trading environment without the
actual connection.
RTD Tango and its Backtester tool run on multiple platforms that
provide high performance
and cost efficiency for professional traders and firms. Because
Tango is part of RTS'
Middleware offering, clients do not need to go through an
application programming interface
(API) to use it.

