Video: Charity Wins Financial Hackathon Held By Tradable

Last month a charity won the world’s first financial trading hackathon, hosted by tradable, the company behind the world’s first app-based trading platform.

Described by the organisers as a “30-hour collaborative code-jam”, the event attracted 50 designers, hackers and traders to a single loft space in downtown New York City.

Disrupting Wall Street

Tradable is essentially the first API platform that allows developers to make apps that can trade financial markets. The idea behind the event was to mix traders from hedge funds, banks and brokers with designers and hackers from the social web world, and let them get creative on the API.

“It was great to see so many people gather for the hackathon, and the ideas that were coming out of the teams were phenomenal,” said Jannick Malling, CEO at tradable. “Brokers are realising that traditional methods of trading are changing rapidly and becoming less archaic.”

“What tradable does is create a new vision for not just brokers, but traders, hackers and designers too, bringing them all together in the new vision for the future of the industry. Not everyone at the event was used to the financial terms, but everyone worked together smoothly to ensure that everyone understood the various different elements of the hackathon.”

In the true spirit of disrupting Wall Street, the first prize was awarded to TotallyDonated, a charity app that allows traders to automatically donate profits from their transactions to various non-profit organizations.

It was followed by TradeMusic, a mashup of SoundCloud and tradable API which plays different tunes based on the ‘mood’ of the market [sounds scary to us – editor]. The third place was taken by FX GameRoom, a gaming app that allows traders to battle each other in competitions.

Tradable will work with the winners to help them finish the apps before they are distributed.

What did the event look like? Well, you can see it in the video below:

developer.tradable.com is still in a private beta, but it will be opening up for public testing in the coming weeks.

What do you know about Tech stocks and shares? Take our quiz!

Max Smolaks

Max 'Beast from the East' Smolaks covers open source, public sector, startups and technology of the future at TechWeekEurope. If you find him looking lost on the streets of London, feed him coffee and sugar.

Recent Posts

Australia Rejects Elon Musk Claim About Social Media Ban For Under-16s

Government minister flatly rejects Elon Musk's “unsurprising” allegation that Australian government seeks control of Internet…

3 hours ago

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…

4 hours ago

UK’s CMA Readies Cloud Sector “Behavioural” Remedies – Report

Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector

20 hours ago

Former Policy Boss At X Nick Pickles, Joins Sam Altman Venture

Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…

22 hours ago

Bitcoin Rises Above $96,000 Amid Trump Optimism

Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…

24 hours ago

FTX Co-Founder Gary Wang Spared Prison

Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…

1 day ago