Expanding the Quantitative Trading Market! FTX Launches Strategy Tools, to Introduce "One-Click Copy Trading" in the Next Phase

The cryptocurrency derivatives exchange FTX has been continuously making headlines since its launch, not only for its innovative products but also for being the first in the industry to introduce the "Shitcoin Index (SHIT-PERP)," a presidential election betting market "Trump 2020," leveraged tokens, and even issuing FTX's equity tokens (Equity Token). Now, they are about to offer users the ability to tailor and create their own "quantitative investment strategies" based on their own needs.

• Covering basic to advanced quantitative trading strategies
• Soon to open a one-click copy trading function

According to the announcement released by FTX, the latest product is called "Quant Zone," where users will be able to create and share their own quantitative trading strategies on a dedicated page within the exchange. These strategies can be simple or complex trading logics. A complete trading strategy must include:

• Trigger Logic: Setting up one's own trigger logic strategy using default conditions and mathematical formulas provided by FTX.
• Execution Logic: After the market meets the trigger logic conditions, setting the desired trading order to execute.

Trigger Logic

Currently, Bitcoin is hovering below $7,000, with a price of $6,944 at the time of writing. Assuming a user believes that a breakout above $7,000 indicates a strong bullish trend, they can set up a trading strategy such as "Buy long 3x when the price is above $7,000."

FTX has various pre-set conditions available for users to utilize. With the above condition, the trigger logic would select the "last traded price of Bitcoin perpetual contract" and modify the condition to the desired "last traded price above $7,000" last_trade_price"BTC-PERP">7000.

Execution Logic

Once the trigger logic (market conditions) is set up, in the "Execution Logic," users can set up buying the perpetual contract and adjust the leverage to 3x.

Monitoring Quantitative Strategies

In the Quantitative Strategy page, users can view all the trading strategies they have set up. As the market changes and the profitability of a strategy decreases, users can pause, edit, copy, or view the complete historical records of their strategy.

Patience and Caution Advised for Users

FTX introduces products ahead of the crypto market, including disclaimers such as "User assumes their own risks." The announcement points out that quantitative trading strategies are not suitable for high-frequency trading and cannot guarantee execution based on the strategy. FTX also mentions that the next phase of quantitative products will include features such as one-click copy trading for other user strategies and strategy combinations.

Given the recent significant volatility in the crypto market, investors are advised to observe the operational mechanisms of quantitative trading, stay away from products they do not fully understand, as previously reported when Binance delisted all leveraged token trading pairs introduced by FTX, Binance CEO CZ stated that the primary reason for delisting was that "most users don't understand this product." Therefore, it is recommended to patiently wait for the gradual maturation of quantitative trading mechanisms and have a full understanding of how the mechanism operates before considering participation.