News for hackers. Stuff that matters.
Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by endisneigh on Thursday February 25, 2021 @01:10PM (#26266006)
Oh god it'll be amazing once /r/wallstreetbets gets their hands on this. The $WLSTRBETS custom ticker will definitely go to the moon. I would suggest maybe putting more info on the landing page.

Are you a brokerage or is this something that can hook into your existing brokerage? The latter would be awesome.

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by aliquotchris on Thursday February 25, 2021 @01:22PM (#26266173)
Thanks! Yes we're looking forward to getting more content on the landing page soon. For now, all the links above are public pages, so you can explore those to see some of our features.

We are currently the latter; we're powered by existing brokerages, but are working to become our own.

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by alexeldeib on Thursday February 25, 2021 @02:28PM (#26267074)
Would you consider expanding into e.g. derivatives?

I was thinking a lot about this idea lately. An API/programmatic-first brokerage/trading platform. Let people design automated trading strategies on top of solid APIs, and use your site for visualization/planning. OptionAlpha seems to get into this but not nearly far enough. Latency wouldn't be critical either for retail investing.

I don't really understand why it doesn't exist. IB is probably the closest well known broker. There are some other smaller ones with better APIs.

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by aliquotchris on Thursday February 25, 2021 @03:05PM (#26267551)
Hey, thanks for checking us out. We want to get the UX right first with our existing feature set, and then consider expanding to more advanced things such as derivatives or options. We'll keep your request in mind!

Also agree, re: API tooling. We'd love to find folks who want to write code against our API. Is that something you'd use?

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by alexeldeib on Thursday February 25, 2021 @03:30PM (#26267861)
> API tooling. We'd love to find folks who want to write code against our API. Is that something you'd use?

That's definitely what I'm thinking. There are so many tools out there to visualize strategies, profit/loss, scanners for various properties like IV, open interest, volume, etc in the case of options. But very few platforms go to the next level and provide good APIs to manipulate. It would be extremely impressive to offer both data and trade execution via modern APIs. I've wondered if that's an untapped market, or else why someone hasn't jumped on it :)

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by rezbull on Friday February 26, 2021 @12:42AM (#26271701)
Alpaca does a decent job on the API front https://alpaca.markets/
Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by alexeldeib on Friday February 26, 2021 @12:50AM (#26271728)
Alpaca was top of mind in the smaller group after IB :) They seem really neat!
Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by alex-wallish on Thursday February 25, 2021 @01:28PM (#26266256)
What brokerages do currently work with?