The project is interesting as a Simdaq, but the max cap ($24 mln) spoils the situation. Maybe are you going to lower it?
Hello! Thank you for the question!
With each mid-cap there will be added more aggressive marketing strategy, plan for more international offices establishment and popurarization of algotrading as invetment instrument, getting lisences at exhchanges in Asia and America, etc. So big numbers in gap depends on our plans.
By the way, Tradingene and Symdaq have different goals and are rather to be called potential partners than competitors.
Symdaq is planning to make educational programs for traders with the further testing opportunities. Tradingene provides the ways to use existing strategies. It makes no difference for Tradingene the origin of these strategics. If after educational courses and communication at Symdaq an algorithms creator will look for a possibility to attract funds to trade with his algorithm Tradingene marketplace is the best possible place to have them.
Symdaq also plans to trade, in this regard Tradingene can act as algorithms provider for it. Tradingene does not plan to trade as a legal entity, so we do not need any licensing and we do not have any competitive influence to Symdaq. One of the long term objectives by Symdaq is to make a marketplace for algorithms in the far future. At the present there are no exact details of its structure available, just a reference that they plan to sell algorithms. Tradingene does not give a possibility to buy/sell algorithms, just to connect to its signals. And these are two essentially different approaches.