Real-Time Signals

Accurately Predict the Timing and Direction of the Next Quote

Quote Fuse accurately forecasts stability or staleness of the quote prices, showing when the NBBO is going to change. The probabilities of a fast quote are updated for every change of the NBBO (price or size) resulting in over 500 million signals in a typical day. It delivers a new prediction of bid and offer price stability on every real-time quote event. Specifically, the prediction is a pair of probability values – one for the bid and one for the offer. Each value is the probability that the price will change in less than 50 milliseconds. You select the right probability thresholds upon which to act. 

While Quote Fuse predicts the timing of the NBBO change, Quote Vector predicts the direction the quote will move. Letting you know whether prices are rising or falling. This powerful predictor has enormous value for a broad range of trading strategies. Signum’s accurate predictions of next quote price direction – Quote Vector – and the time until the next quote price change – Quote Fuse – allows execution algorithms to consistently reap handsome returns.  

 Signum’s Liquidity Lamp signal detects and tracks the presence of reserve orders (aka iceberg orders) resting on U.S. exchanges. Iceberg orders have been shown to be a great proxy for understanding institutional investor sentiment and highly predictive of future price movements.