Quantitative Capital Group develops stock trading software

Thursday, September 9, 2010 | Source: metromode
Matt Dahn and Tony Castiglione are two guys who like to play the stock market. They're also two guys who are using their considerable skill creating a start-up, Quantitative Capital Group, that is rooted in stock trading.

The two friends have been working on a new piece of software that takes the highs and lows out of the stock market. They're calling it a quantitative trading system, and they believe it will provide a smoother mental ride to trading on the stock market.

"We have been in different trading floors with different trading teams and we saw a need for technology that takes the emotion out of trading," Dahn says.

The duo have just started putting this together at the NextWave small business incubator in Troy earlier this summer. They expect to add a few programmers this fall and finish a prototype within 60 days. They expect to continue growing their start-up within the newly established incubator over the next year.

"NextWave came along at the right time," Castiglione says. "It's a really good fit."

Source: Matt Dahn and Tony Castiglione, co-founders of Quantitative Capital Group
Writer: Jon Zemke
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Entrepreneurship, Oakland County, Software Design 

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