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 cancelable 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 are also 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 democratize 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 on the Rise

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 US stock market.

Meanwhile, Charles Schwab, a financial services company with his own car 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 Termpredicts 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 license 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 cancelable 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 are also 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 democratize 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 on the Rise

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 US stock market.

Meanwhile, Charles Schwab, a financial services company with his own car 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 Termpredicts 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 license and offering a similar service to HAL.



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