Technology continues to evolve rapidly across all sectors, leaving some players behind and without the expertise to close the gap.
Enter Market Dynamics. The firm looks to unlock systematic trading for retail traders by simplifying a formerly complex process. By offering a drag-and-drop interface, it aims to make the trading strategy process easier for traders of all levels of technical expertise.
In this week’s Behind the Idea, we hear more about the company’s journey, its ethos and the promising road ahead.
Tell us about your company and its offering
Market Dynamics is the first, fully visual no-code systematic strategy creation tool, built for retail traders. Our ultimate goal is to provide a simple yet powerful solution for retail day traders of any experience level. We aim to bring transparency to this complex subject and create an engaging and enjoyable environment for learning and socialising.
How would you describe the culture of your company?
At Market Dynamics, diversity is a key priority. We already boast an ethnically diverse team and strive to further enhance diversity by bringing in individuals from varied backgrounds to our world-class development team. We firmly believe that diversity of thought leads to exceptional outcomes.
What problem was your company set up to solve?
Technology is constantly evolving. This can leave those without in-depth industry knowledge at a distinct disadvantage and increase the demand for easy-access solutions.
In the financial services sector, we’ve seen an increase in accessible and affordable historical data for a broader range of participants. Current solutions rely on self-coding or uncertain paid options for sophisticated trading strategies. This presents a golden opportunity to deliver a superior no-code solution that meets market demands.
Additionally, we have the potential to become the leading independent provider of copy and social trading to all participants, without requiring them to develop the capability organically. The European retail CFD/Spread betting market, currently dominated by an outdated technology provider, MetaQuotes, offers a chance to introduce a superior technical solution for robust analysis and improved outcomes.
Since launch, how has your company evolved?
As we have executed our business plan, we have learned a lot from early adopters and evolved our application, creating a strategy around three pillars:
- Visual: Our intuitive no-code visual approach engages tech-savvy traders worldwide, across demographics and levels of financial expertise.
- Collaborative: We promote real-time collaboration in trading, empowering traders of all technical abilities to ideate and iterate like never before.
- Community-Driven: We believe anyone with passion and dedication can become a better trader. Our vibrant community of traders works together to learn faster and become more profitable.
What has been the biggest challenge or most ‘tricky moment’ to overcome?
Providing transparency and Explainability for traders. As AI algorithms play a significant role in trading decisions, transparency and explainability become critical factors in gaining users’ trust.
We have built unique interpretability techniques to provide clear explanations for the strategies generated by traders using our application.
What are your biggest achievements or ‘proudest moment’ so far?
Successfully closing our pre-seed round of £520,000 led by the Development Bank alongside a cohort of strategic angels, including Bebo co-founder Paul Birch as chair. While we’ve always been confident of the viability of our product, gaining the confidence of prestigious investors feels like a tremendous achievement.
What’s in store for the future?
Integrating AI and alternative data sources will further enhance our platform’s capabilities. AI-powered predictive models will identify market trends and patterns, offering real-time insights to traders. Alternative data, such as sentiment analysis from social media or economic headlines, will provide valuable inputs to our AI models, giving users a competitive edge.
Our strategic vision revolves around creating a transformative no-code application that redefines retail day trading. By empowering traders with automated strategies, technical indicators, and machine learning optimisation, we envision a community-driven platform that fosters collaboration and knowledge sharing. The integration of AI and alternative data will elevate our platform’s capabilities, offering our users a competitive edge in the dynamic financial markets.
