Finance Magnates spoke with Vadim Epstein, CEO and founder of EMET Trading Solutions, for his take on the firm’s founding and strategies, including its consulting of players such as NinjaTrader and cTrader. His interview can be read in full below.
1. How was your company founded and what makes EMET unique compared to its competitors?
I was working for the company Strategy Runner as a project manager. My team coded customized, automated trading strategies for customers of the company.
After Strategy Runner collapsed, its customers remained with non-usable code and without support. They asked me to find people who can assist them in moving to a new platform. So we started by taking care of our Strategy Runner clients who needed conversion of their working strategy to new trading platforms. We are now offering full-service programming for individual traders or organizations that want to automate their manual systems or to upgrade existing systems.
Our advantage over competitors is an individual approach and ongoing technical support, which guarantees full customers' satisfaction with a completed project and not one delivered imperfectly.
We often have customers who come back to us after spending money and time with someone else. The best proof of the quality of the service is our customer testimonials published on our website.
2. What types of client interest have you been getting for your trading strategies?
Our clients are individual traders, brokers and analysts. The majority of our clients are individual traders. We have traders of various trading experience from beginners to experienced traders who have already programmed and used a lot of trading strategies.
Sometimes brokers want to code their own strategies and sell that to their traders. Sometimes brokers ask us to help their customers to automate their trading.
Many traders don't want to trade manually and prefer to automate this work. Sometimes they ask us to convert their strategies from one platform to another.
3. In what ways do EMET’s programmed trading strategies afford users a different experience than say other copy trading platforms or utilities?
In my opinion the most important is our individual approach, understanding customer needs and leading the project to success. Often it is a long way to make the strategy successful and a trader realizes in the course of testing that the strategy needs modifications, additions, tuning, etc. We do our best to assist each and every customer with his own strategy and help with the whole cycle of development and testing.
4. How does EMET cater towards such a large variety of trading interests and strategies?
A key is a strong, experienced team and personal dedication. Each developer is a specialist in a specific platform, usually several platforms. For each project we assign a dedicated developer and take care to ensure that this is a person who corresponds to the project's essence and technical requirements. This allows keeping many projects going simultaneously as well as providing high quality of delivery, technical support and customers’ satisfaction.
5. Have you been experiencing steady growth in your business as you obtain new and more partners?
Of course obtaining new partners helps to expand the business. Getting more and more experienced, we have already become a certified consultant for the NinjaTrader and cTrader platforms. We are always striving to expand connections, partners and clients.
