Why Pair Trade? "During the 1980s, a group of quants working for Morgan Stanley struck gold with a strategy called the 'pairs trade'. Institutional investors and proprietary trading desks at major investment banks have been using the technique ever since, and many have made a tidy profit with the strategy."
"Finding Profit in Pairs",September 2004, Investopedia.com
What Is Pairs Trading? Pair trading, also known as statistical arbitrage or spread trading, is a market-neutral trading strategy where the goal is to match two shares that are highly correlated, trading one long and the other short. When the pair's price diverges, a pairs trade is set up as the historic correlation between the securities suggests that the prices are expected to converge at some point. Capturing this movement in price allows traders to make profits.
How can our software help? Our powerful Pairs Trading Software acts as a complete end-to-end solution for Pairs Trading from downloading daily stock data, to identifying suitable pairs and viewing specific Pairs in details. Through a simple four stage process, pairs can be identified through user defined, or pre-defined sector, lists.
How does the product work? Our product downloads the free stock data, up to 18 symbols at a time, available from the Yahoo data servers. The software includes pre-defined symbol lists for specific sectors where suitable pairs may be identified. You can download a trial version for free.
What about monthly charges for the data? There are no monthly charges for the data as you download it directly from Yahoo.com for free. We do not (re)sell the data, our software is just a kind of a very smart and intelligent Internet browser.
Click above to buy now for $99.99 (Limited time offer, usually $199.99)
|