QuantConnect Announces Launch of Datasets

Fazzaco learned that QuantConnect, an algorithmic trading platform, has announced the launch of QuantConnect Datasets, a platform where a quant can harness a data feed with a single line of code and begin live-trading in minutes.

QuantConnect Datasets gives quants access to some of the most in-demand market and alternative data sources, such as Tiingo News Feeds, Quiver Quantitative's WallStreetBets Discussion Data, Benzinga, RegAlytics, Brain, and many others. Because the data has already been onboarded to Datasets, quants can harness the data feed with minimal coding and begin live trading in minutes.

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"QuantConnect Datasets is to traditional data onboarding what email is to snail mail. The impact to quants productivity cannot be overstated," said QuantConnect CEO, Jared Broad. "One of the most tedious and time-consuming aspects of setting up an algorithmic trading strategy is the onboarding of data, or ETL. This process of ingesting data typically has to be repeated over and over for each user of a dataset, but with Datasets data can be instantly consumed within the QuantConnect Cloud or downloaded to a user's local environment via our LEAN CLI — making ETL a distant memory."

The launch of Datasets is yet another example of QuantConnect's commitment to the algorithmic trading community. The ultimate goal for the platform is to bring together thousands of data providers and quants resulting in endless possibilities for idea and strategy development.

Earlier in June, Fazzaco reported that QuantConnect has launched a new LEAN CLI service. It is a tool that helps quantitative analysts (quants) leverage the company's LEAN Algorithmic Trading Engine for their algorithmic trading research.