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Professional algorithm for trading in the US stock market

09-11-2013 07:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Stock-iQ GmbH

Professional algorithm for trading in the US stock market

allgorite offers the best opportunities to achieve extraordinary profits on the US stock market. The new and innovative investment algorithm finally gives private investors and traders access to a tool previously only used by professionals.

The Swiss company Stock-iQ has invested eight years of development work in the complex mathematical procedural rules to assist investors in achieving big profits. “Up until now, an algorithm such as this was generally only available to institutional investors or banks. With our products, allgorite daily and allgorite weekly for the iPhone, we are now able to also offer private and semi-professional investors simple and low-cost access to algorithm-based stock trading,” explains CEO Thomas Schidek.

Clear focus
The allgorite (www.allgorite.com/en/) buying recommendations focus exclusively on the largest and most dynamic stock market in the world: the US stock market. From the approximately 6,500 publicly traded titles in this market, the algorithm filters out those shares that display high growth potential over the short-term.

allgorite has made a deliberate decision not to inundate its customers with a flood of suggestions, information and recommendations. “Our market analysis has shown that the majority of investors prefer clear trading decisions for the US stock market”, explains Schidek about the concept.

Investors who decide on the allgorite daily or allgorite weekly app receive up to two buying recommendations either daily or weekly. The recommendations are conveniently sent directly to their iPhone. Subscriptions can be taken out for different time periods starting from one month up to a year. Those who would like to test the offer beforehand can find the free download in the iTunes App Store under allgorite daily and allgorite weekly. For business customers and investors with an investment capital of more than 300,000 USD, the company offers a separate product portfolio (http://www.allgorite.com/en/allgorite-custom/).

Convincing results
The long development phase, unique evaluation criteria and extensive test series have helped to continuously improve the reliability of allgorite daily and allgorite weekly. The comprehensive portfolio simulations and backtesting deliver excellent hit rates of an average of 70 percent. In practice this represents an impressive outperformance compared to reference indices such as the Dow Jones or S&P 500. allgorite provides their customers with important information and tools to assist them during trading.

The company is headquartered in Zurich, Switzerland’s key economic, scientific and social center. The three founding partners, Frank Bonnemeier, Manfred Maschek and Thomas Schidek distribute, market and sell software products, in particular in the area of capital markets and stock trading.

Stock-iQ GmbH
Wiesenstraße 17

8008 Zurich

Switzerland

Contact
Thomas Schidek
Tel. +41-44-55 20 360
press@stock-iq.com

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