SpiderNet offers a marketplace of algorithmic trading bots (robo‑traders) that institutional investors can connect to via broker APIs for automated live or paper trading. Each bot is scored based on forward‑tested performance metrics such as Sharpe ratio, drawdown, and monthly returns, and covers a range of assets including stocks, indices, FX, and commodities. Users can subscribe to bots with a monthly fee and monitor daily performance transparently on the platform.
Funding
Funding not disclosed
Founders
Product
Problem
Institutional investors seeking systematic exposure often lack efficient ways to access and manage vetted algorithmic trading strategies without extensive development, testing, and integration effort.
Solution
SpiderNet offers a subscription-based marketplace that aggregates professionally developed robo‑traders covering stocks, equity indices, FX, and commodities. Each strategy is scored using back‑test, forward‑test, and live paper‑trade results, with daily performance updates to ensure transparency. Investors can connect their broker accounts—paper or live—via API for fully automated execution, eliminating manual order placement. The platform’s scoring system and curated selection help investors allocate capital to strategies with demonstrated risk‑adjusted returns, while the monthly fee provides unlimited access to the entire catalogue.
Target Audience
Primary customers are institutional investors and asset managers who require ready‑to‑use, algorithmic trading strategies without building them in‑house.
Features
- Daily‑updated performance metrics including Sharpe ratio, drawdown, and monthly trade frequency for each robo‑trader
- Automatic order execution through broker APIs, supporting both paper and live accounts
- Scoring framework that combines back‑test, forward‑test, and live paper‑trade results to rank strategies
- Wide instrument coverage: equities, equity indices, foreign exchange, and commodities
- Institutional‑grade security and compliance, with licensed financial institutions co‑creating the algorithms
- Transparent reporting of trading activity and strategy performance on the platform dashboard