IQDraigon.com Project Details

Algorithms drove the human market makers out of business by being smarter and faster. Most market-making algorithms, however, don’t have an obligation to maintain an orderly market. When the market gets shaky, the iqDraigon algorithms can (and do) pull out. To compensate with shaky markets, we use the rule of numbers. The more the merrier. That is why iqDraigon is expanding and now trades about 11,000 financial instruments in 225 markets across 35 countries. One might argue that HFT does not cause volatility but absorbs volatility as we participate in the market as a market maker. Market makers help the trading process by acting as the counterparty when others want to trade, and earn a fee in the process.