Singapore based automated trading platform AlgoMerchant has raised a $2m funding round led by East Ventures.
During a nine-month long beta test period, the company claimed to have worked with “over a thousand” traders. Amongst a variety of algorithms available to users, the company said that the top performing algorithms on the platform were able to generate returns greater than 40 per cent annually.
https://e27.co/algomerchant-raises-us2m-launches-robot-trading-platform-20171103/?via=indexdotco