TradeStation Group, a US-based trading technology company and parent company of TradeStation Securities, has acquired Portfolio Maestro, a portfolio testing software technology from Rina Technologies, an Ohio-based portfolio trading software company.
The products acquired include all versions of Portfolio Maestro, together with many of Rina’s legacy portfolio testing, reporting and analysis products.
TradeStation will integrate Portfolio Maestro with its trading strategy design, back-testing and automation platform.
TradeStation Securities Product Management vice president John Bartleman said portfolio testing has been one of the most requested features by TradeStation customers for several years.
“No other platform enables the range of portfolio testing that Portfolio Maestro offers. Once fully integrated and rolled-out as an update to TradeStation Version 9.0, traders will have the ability to test any number of strategies and symbol lists and time intervals, test across a portfolio using strategies that reference multiple symbols (such as pairs and inter-market analysis), rank symbols in their portfolios,” Bartleman said.