Alpaca is thrilled to announce its integration with QuantConnect, a leading algorithmic trading platform chosen by thousands of professional traders and quants.
Using this integration, Alpaca users can design, backtest, and trade algorithmic strategies within minutes for supported asset classes including stocks, ETFs, options and cryptocurrencies.
What is QuantConnect?
Founded in 2012, QuantConnect has built an online algorithmic research and trading platform where you can build strategies by leveraging its Python API. QuantConnect serves more than 300,000 members and executes $5B in notional trading volumes each month.
Traditionally, quants and engineers face the painstaking process of building quantitative trading architectures. This process can take months or even years, involving the writing of data processing systems, live trading data feeds, and trade routers — expensive engineering that adds little direct value to your trading strategy.
With QuantConnect, you can go from idea to live trading in minutes. All the core plumbing is implemented in a best-practices, highly configurable environment.
Open Source Roots
The core of QuantConnect's technology is called LEAN, a fully open-source algorithmic trading engine that manages your strategy and data feeds. This partnership with Alpaca includes the open-sourcing and maintenance of the LEAN-Alpaca plugin, enabling anyone to fork the code base and extend it as they see fit. And this open source soul fully aligns with Alpaca’s DNA. You can easily access this plugin through the LEAN CLI with a simple command: pip install lean.
Elevate Your Trading Experience with Alpaca and QuantConnect
The Alpaca and QuantConnect integration enables live commission-free trading support for stocks, equity options, and ETFs. Traders can utilize hundreds of terabytes of data hosted by QuantConnect and then quickly execute trades in the Alpaca paper or live trading environments.
QuantConnect’s live trading is hosted on their own co-located hardware, rather than a dedicated server. This helps them maintain long uptimes with fully redundant internet and data feeds. For equities, the full SIP data feed is available, allowing your strategies to scan all 8,000 stocks of the US market for opportunities. The data is simply delivered to your algorithm cleaned and ready for your analysis.
“Alpaca is regularly a pioneer in high-tech API trading. We’re proud to be announcing support for an end-to-end Alpaca Brokerage integration and delivering $0-fee trading.” - Jared Broad, CEO at QuantConnect
“We are excited about this partnership as we appreciate how much QuantConnect contributes to the evolution of quant research and trading. We will build the community and advance the technology around it together.” - Hitoshi Harada, Co-Founder and CPO at Alpaca
Invest in over 11,000 stocks, ETFs, and options with zero commission using your Alpaca account directly in QuantConnect. Explore our comprehensive guide on how to start trading with Alpaca through QuantConnect.
Options trading is not suitable for all investors due to its inherent high risk, which can potentially result in significant losses. Please read Characteristics and Risks of Standardized Options before investing in options.
Alpaca Securities LLC and QuantConnect are not affiliated, and neither are responsible for the liabilities of the other.
Past hypothetical backtest results do not guarantee future returns, and actual results may vary from the analysis.
All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. There is no guarantee that any investment strategy will achieve its objectives. Please note that diversification does not assure a profit, or protect against loss. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing.
Please note that this article is for general informational purposes only and is believed to be accurate as of the posting date but may be subject to change.
The testimonials, statements, and opinions presented on the website are applicable to the specific individuals. It is important to note that individual circumstances may vary, and may not be representative of the experience of others. There are no guarantees of future performance or success. The testimonials are voluntarily provided and are not paid, nor were they provided with free products, services or any other benefit in exchange for said statements.
The Paper Trading API is offered by AlpacaDB, Inc. and does not require real money or permit a user to transact in real securities in the market. Providing use of the Paper Trading API is not an offer or solicitation to buy or sell securities, securities derivative or futures products of any kind, or any type of trading or investment advice, recommendation or strategy, given or in any manner endorsed by AlpacaDB, Inc. or any AlpacaDB, Inc. affiliate and the information made available through the Paper Trading API is not an offer or solicitation of any kind in any jurisdiction where AlpacaDB, Inc. or any AlpacaDB, Inc. affiliate (collectively, “Alpaca”) is not authorized to do business.
Securities brokerage services are provided by Alpaca Securities LLC ("Alpaca Securities"), member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Technology and services are offered by AlpacaDB, Inc.
Cryptocurrency services are made available by Alpaca Crypto LLC ("Alpaca Crypto"), a FinCEN registered money services business (NMLS # 2160858), and a wholly-owned subsidiary of AlpacaDB, Inc. Alpaca Crypto is not a member of SIPC or FINRA. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC. Please see the Disclosure Library for more information.
This is not an offer, solicitation of an offer, or advice to buy or sell securities or cryptocurrencies, or open a brokerage account or cryptocurrency account in any jurisdiction where Alpaca Securities or Alpaca Crypto respectively, are not registered or licensed, as applicable.
