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X-TECH, an AI Over Frequency trading company, collects 50 million euros from multiple European funds

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Two European funds invest in X-TECH to expand its operations into the Asia-Pacific and European markets.

X-TECH, creator of OFT (over-frequency trading), with a powerful research and development team, is a frontrunner in the future of AI trading technology.

X-TECH LTD, the Texas-based Technology Company, is known for being the company to set the standard for what is known as “OFT”, Over Frequency Trading. As of now, X-TECH is the only firm in the world conducting OFT. 

Since 2015, the firm has invested around 80 million US dollars into the field of artificial neural network research and development. Their cooperative institutions for research and development are made up of laboratories researching AI throughout the United States, such as MIT, and have published recommendations for future AI technology security at the Innovation XLab Summits in 2019.

Despite the COVID-19 pandemic and economic contraction in 2020, X-TECH was able to successfully expand its operations and trading throughout the Asia-Pacific market and thereby maximizing the utilisation of their technological innovations. 

High Frequency Trading 

High-frequency trading or HFT is an automated trading platform that has been used by big investment banks, hedge funds, and institutional investors. A prominent characteristics of the system is the use of super-power computers to do a volumes of transact orders at extremely high speeds.

These high-frequency trading platforms facilitate traders to execute millions of orders and scan multiple markets and exchanges in a matter of seconds. This enable to gain an advantage position and upper hand in the game over the competitors for institutions that use the platforms in the open market.

The systems employs complex algorithms to make analysis on the markets and are come out with trends in a fraction of a second. With its extraordinary ability to recognize moves in the marketplace, the HFT systems send hundreds of baskets of stocks out into the marketplace at bid-ask spreads advantageous to the traders. 

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