Arkley Brinc VC has invested in a platform that enables anyone to build, test and improve their own automated trading strategy.

Sky Trading sp. z o.o. is a Polish company developing AI powered tools that helps traders to generate bigger profits on equity, FOREX, and cryptocurrency exchanges. And it’s not only for professional traders; the company developed a ‘code-less’ programming language, so any user can create algorithmic trading strategies and deploy them to their trading accounts quickly and easily, without needing to know how to code. This opens up the market for individual traders to take on the stock market with reduced risk, by first backtesting their strategies. 

In May, Sky Trading successfully closed an investment round of PLN 2,000,000 from Warsaw-based Arkley Brinc VC – a fund co-created with the PFR Starter FIZ program from PFR Ventures, with LPs Group One and Brinc co-founder. The funding will enable the company to complete development of its high-tech platform, which uses AI and ML trading robots. Thanks to the built-in machine learning module, the application automatically improves strategies and shows the optimal settings needed to improve results.

SkyTrading is led by industry experts such as Maciej Biskup, who has worked in financial markets since 2002; an active day trader on NYSE and NASDAQ markets, he previously founded Global BD Trading – a prop trading company cooperating with traders around the world that uses Artificial Intelligence for decision support processes for its traders, and automation of decision-making processes for stock market investments. Dariusz Nowak brings his technical expertise to the team; an active participant in the currency market (FOREX), he previously worked on the development of the "FRYNE" analytical model, operating as an investor recommendation system on the main market of the WSE.

Arkley Brinc’ General Managing Partner, Piotr Wasowski, commented;

“This company will provide an investment strategy backtester for Equity, Forex and Crypto trading. We’re looking at a huge market with very high growth potential. Just look at the  success of applications like RobinHood: it had over a million new accounts opened in 2020, demonstrating the rise in online traders. This platform can help to maximize profits when trading on specific markets, and offers new opportunities to traders with no programming experience. We’re excited to be a part of the SkyTrading journey.”

Due to be released to a wider audience later this year, the application will enable users to create their own unique investment strategies by using easy and intuitive features; the system will then apply specific investment strategies to historical data in order to assess their effectiveness. By using certain parameters, the module can adapt to the current conditions prevailing on the stock exchange.The key benefits include detection of price dependencies and prediction of the value of shares in the short term. The main measure of progress is the transaction profitability parameter.

Cybersecurity is a top priority for SkyTrading to protect their customers’ data. The company also has some exciting development plans for the future, such as creation of a physical "wallet" to secure encrypted access to the platform, storing tokens in a place impossible for cyber attack vulnerabilites.