EquaMetrics provides RIZM, a visual programming tool with a drag-and-drop interface that enables traders to build, test and deploy complex algo-trading strategies without programming, coding or mathematics. RIZM supports equities, futures and FX trading and offers live trading connections to Interactive Brokers and Forex Capital Markets (NYSE: FXCM). The product was released in June after two years of development and is offered on a monthly subscription basis beginning at $99 a month, with portfolio management and research features. The company plans to add options and fixed income trading along with live connections to all mainstream retail and institutional brokers. EquaMetrics was founded by CEO Chris Ivey and is based in New York. It intends to use the funds to expand infrastructure and operations, broaden the development cycle, recruit executives and market its trading application.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2013