KWANTIX

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KWantix investment system used the big data, proprietary analytics & algorithms to predict tomorrowโ€™s electricity price (the โ€œReal-Timeโ€ market) in each of over 2000 โ€œnodesโ€. It then created a series of long & short bids today in the โ€œDay Aheadโ€ market. KWantix makes money by correctly predicting the difference between these market prices. The Day Ahead/Real-Time electricity markets are large and well-developed markets in North America that were created over the last 10 years to make electricity markets more efficient. The kWantix approach was a unique long/short trading strategy uncorrelated to any other strategy, it uses no leverage and is 100% liquid every day. kWantix believed that it is the only firm in North America that employs this strategy.

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KWANTIX

Industry:
Energy Financial Services FinTech

Founded:
2013-01-01

Address:
Pittsburgh, Pennsylvania, United States

Country:
United States

Total Employee:
1+

Status:
Closed

Total Funding:
500 K USD


Founder


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Mark DeSantis

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