AskTurret provides an AI‑powered trading terminal that runs entirely on a firm’s own infrastructure, ensuring that all market data and order information remain in‑house.
Funding
Funding not disclosed
Founders
Product
Problem
Financial firms must keep trading data, order routing, and compliance information within their own secure environments, but most AI‑enhanced trading tools operate as cloud SaaS solutions that expose sensitive market data and require external dependencies.
Solution
AskTurret delivers an AI‑powered trading terminal that runs locally on a firm’s own infrastructure, ensuring that all market data, order information, and audit logs remain on‑premise. Traders can enter orders, monitor real‑time P&L, and conduct natural‑language risk analysis through a desktop application built with Tauri (Rust) and Svelte, providing low latency and a minimal attack surface. The platform integrates with existing OMS, EMS, or exchange gateways via REST, WebSocket, or FIX 4.2/4.4 without replacing existing routing pipelines. Specialized AI agents—such as market research, earnings analysis, execution, and risk monitoring—operate locally and can be configured to use any supported LLM, including self‑hosted models, while all actions are subject to the same pre‑trade risk checks as manual entries, preserving compliance and auditability.
Target Audience
Primary customers are proprietary trading desks, asset managers, and hedge funds that require on‑premise AI assistance for order entry, risk analysis, and workflow automation while maintaining strict data sovereignty and compliance.
Features
- Native desktop app (Windows/macOS) using Tauri and Rust for sub‑15 MB binaries, low memory footprint, and fast startup
- Natural‑language order entry and conversational risk queries via customizable AI agents
- Real‑time P&L monitoring, drawdown tracking, and multi‑exchange position view
- In‑memory pre‑trade risk engine with configurable limits (position caps, sector exposure, daily loss floors) that validates every AI‑generated order
- Integration support for REST, WebSocket, and FIX 4.2/4.4, with open Rust SDK for custom connectors
- Support for OpenAI, Anthropic, Gemini, and self‑hosted models (Ollama, LM Studio) with local configuration
- Encrypted credential storage (AES‑256‑GCM) and optional HSM integration for key management
- Paper‑trading mode that simulates execution against live market data for safe testing