Predictiva selects IBridgePy API
We are happy to announce that we have selected IBridgePy as our preferred platform to connect our autonomous AI trading platform, Investiva, with different brokers, including Interactive Brokers, TD Ameritrade and Robinhood.
IBridgePy is a flexible and easy-to-use Python platform that helps traders to backtest and live trade algorithmic and automated rule-based strategies.
The main features of IBridgePy are:
- Privacy and intellectual properties protection by setting up a trading platform on your own servers.
- Backtesting and live trading features, without any code changes.
- Manage multiple accounts at the same time.
- Use any python packages to accelerate the development.
- Run Quantopian-styled strategies with minimal changes.
- Try multiple strategies at the same time.
- Retrieve historical data from 3rd party data providers.
Motivation of the development of IBridgePy
Algorithmic trading has been considered to be complicated and expensive, and is mainly implemented by institutional traders. For example, some providers offer comprehensive algorithmic trading solutions with API available in all main stream programming languages, but there is a significant cost to use the software.
Emerging technologies has brought the barriers of algorithmic trading lower and cheaper than ever. However, many providers have a lot of limitations which are unlikely to be removed shortly. First, they can trade only equities at the moment, while many traders are interested in Forex, futures, etc. Second, they have a limited list of Python packages which are allowed to be used and users could not change them easily. We selected IBridgePy to be able to select the assets we want, use any python package that is useful to us, and look as deep as necessary into the source code for debugging.
We are currently using IBridgePy with Interactive Brokers, but we are planning to extend its usage with other platforms such as TD Ameritrade and Robinhood.
More information about IBridgePy is available at their official website.
