Eon Labs’ strategic partnerships with leading machine learning researchers
Dec. 27 2021 – Eon Labs takes several approaches to advise building portfolios for clients, but deep learning for time series forecasting is at the forefront of all alpha research methodologies. Therefore, Eon Labs will seek partnerships with leading researchers in deep learning for time series forecasting. With a mission to keep Eon Labs customers ahead of the technology curve with the most advanced machine learning algorithms, the company has been in discussions with several AI vendors and academic institutions for joint research efforts.
âWhile we have seen Bitcoin and other cryptocurrencies hit record highs and gain more institutional buy-in from large companies, market corrections are still lurking around the corner,â said Victor Hogrefe, co- founder and CBO of Eon Labs. âLaudably, our Enigma trading system has always thrived and surpassed benchmarks amid major market changes through our AI-based strategies that are independent of changing market regimes. “
According to a study by Greenwich Associates, the share of algo trading in financial markets is growing in double digits. Hedge funds and some quantitative funds were among the first to use algorithmic trading technology to generate alpha. The driving force behind all of these efforts has been the rapid advancement of deep learning for time series forecasting.
Eon Labs’ flagship Enigma trading system, Enigma, offers AI-based trading strategies to trade major cryptocurrency futures with significant liquidity from multiple exchanges. Since its inception in 2019, it has produced spectacular results for private investors and institutional clients looking to diversify their portfolios in the crypto space. The company hopes to expand its reach to trade even more digital asset derivatives as the crypto market grows, so its clients can take advantage of even more selections in the market to diversify their portfolios.
âVolatility is one of the most notable characteristics of newer and booming coins, such as Shiba Inu and Terra Luna, which is good news for our clients’ alpha research activities. However, Due to the lack of long-term historical data, many quantitative researchers were puzzled as to how to properly study them, “commented Dr May Wang, data scientist at Eon Labs.” We have some success in handling this topic and we would like to share and validate our findings with other researchers who are also engaged in the field of deep learning for time series forecasting in order to broaden our understanding of the problem and develop solutions even better. “
âWe want to grow up with like-minded people,â said Chen Li, Founder and CEO of Eon Labs Ltd. “Eon Labs will not only position itself to be the best in the world at unleashing the potential of artificial intelligence, but it will also serve as a platform for time series researchers to grow and succeed academically and financially in digital asset markets.” . “
Eon Labs is an artificial intelligence and digital finance research company based in Vancouver, BC, Canada. Their research and analysis focuses on fintech and emerging digital currency markets and provides actionable insights and proprietary software tools to help fund managers identify market opportunities and develop effective strategies to maximize their returns on the market. investment. With hundreds of thousands of financial trading models generated by machine learning algorithms over the past few years, Eon Labs has dozens of robust, anti-risk strategies actively traded, capturing market information from instruments liquids on the world’s most popular crypto exchanges. On February 5, 2021, Eon Labs’ 30-day trading volume reached 115,003 BTC, with combined AUM of up to $ 40 million. Eon Labs has helped individual funds to be recognized by investors as one of CryptoFundResearch’s top performing funds in 2020, out of more than 800 funds listed there. This expanding customer base draws on Eon Labs’ broad coverage, in-depth research, and practical market information and tools to find opportunities in existing and new markets, as well as to analyze their competitive positions in a financial environment. evolving.