CoinShares Introduces Automated Trading Platform Hal – Finance Magnates

Subscribe to our News & Services
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
CoinShares, the London-headquartered digital asset investment firm, is launching an automated trading platform for retail crypto investors.
The platform called HAL (short for Heuristically programmed ALgorithmic computer), will offer users the ability to access trading algorithms designed by CoinShares’ quants via their preferred trading exchange. CoinShares’ strategies, active 24/7, trade in bitcoin, ethereum, BNB, matic, XRP, cardano, solana, bitcoin cash and dogecoin.
The service will cost $19.90 a month, is cancellable at any time, and although there are no national restrictions, HAL is being marketed in the UK and the European Union only.
Currently offering four quantitative styles, thematic index strategies also are planned. Hal is non-custodial but executes on a user’s behalf through their preferred exchange.
Jean-Marie Mognetti, Chief Executive Officer of CoinShares, said of the HAL launch: “We are delighted to launch HAL under CoinShares. We acquired Napoleon, which created Napbots, because we could immediately see our common goals: to democratise access to, and educate investors about, trading crypto assets. In a new, still-evolving ecosystem, we are very proud to be at the cutting edge of providing professional-level products, with simple user experience, to traders – enabling them to do much more with their crypto than simply ‘hodl’.”
Automated trading, sometimes referred to as algorithmic (Algo) trading is one of the most used trading systems in today’s financial markets. According to the WSJ, auto trading accounts for almost 85% of the volumes traded in the U.S stock market.
Find out more about the list of tools to help you in your crypto trading
Meanwhile, Charles Schwab, a financial services company with its own auto trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term, predicts that $460 billion worth of assets will be managed by automated advisors by the end of 2022.
In 2021, CoinShares acquired Napoleon Group, a French Fintech company holding a European licence and offering a similar service to HAL.
CoinShares, the London-headquartered digital asset investment firm, is launching an automated trading platform for retail crypto investors.
The platform called HAL (short for Heuristically programmed ALgorithmic computer), will offer users the ability to access trading algorithms designed by CoinShares’ quants via their preferred trading exchange. CoinShares’ strategies, active 24/7, trade in bitcoin, ethereum, BNB, matic, XRP, cardano, solana, bitcoin cash and dogecoin.
The service will cost $19.90 a month, is cancellable at any time, and although there are no national restrictions, HAL is being marketed in the UK and the European Union only.
Currently offering four quantitative styles, thematic index strategies also are planned. Hal is non-custodial but executes on a user’s behalf through their preferred exchange.
Jean-Marie Mognetti, Chief Executive Officer of CoinShares, said of the HAL launch: “We are delighted to launch HAL under CoinShares. We acquired Napoleon, which created Napbots, because we could immediately see our common goals: to democratise access to, and educate investors about, trading crypto assets. In a new, still-evolving ecosystem, we are very proud to be at the cutting edge of providing professional-level products, with simple user experience, to traders – enabling them to do much more with their crypto than simply ‘hodl’.”
Automated trading, sometimes referred to as algorithmic (Algo) trading is one of the most used trading systems in today’s financial markets. According to the WSJ, auto trading accounts for almost 85% of the volumes traded in the U.S stock market.
Find out more about the list of tools to help you in your crypto trading
Meanwhile, Charles Schwab, a financial services company with its own auto trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term, predicts that $460 billion worth of assets will be managed by automated advisors by the end of 2022.
In 2021, CoinShares acquired Napoleon Group, a French Fintech company holding a European licence and offering a similar service to HAL.
Follow Us
Looking for a Service?
Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing. Copyright © 2022 "Finance Magnates CY Ltd." All rights reserved.
For more information, read our Terms, Cookies and Privacy Notice Manage Cookies

source