Tradelegs

Founded in 2010 and based in New York, Tradelegs LLC operates as a financial technology firm specializing in artificial intelligence for derivatives strategies. The company provides a sophisticated decision-support software platform for institutional investors, including hedge funds, portfolio managers, and structuring desks. Revenue is generated through a subscription-based model for access to its analytics platform.

The founding team, led by CEO Gideon Agar, possesses a deep background in applying advanced AI and optimization algorithms to solve complex problems in industries like telecommunications, airlines, and logistics. This expertise in combinatorial optimization was reapplied to the financial markets, specifically to address the immense complexity of options trading. Gideon Agar's career includes management roles at Oracle and Cisco, as well as serving as COO at the multi-billion dollar private equity fund, Patriarch Partners. Co-founder Hani El-Sakkout is a recognized AI expert, while other key figures like Michael Khouw bring extensive options trading experience from firms like Cantor Fitzgerald and as a contributor on CNBC.

Tradelegs' core technology, termed "Options Artificial Intelligence," combines search optimization and deep learning to analyze a vast number of potential multi-leg options strategies. The platform processes client inputs such as equity predictions, capital constraints, and risk tolerance to identify an optimal strategy that maximizes expected profit while managing downside risk. It is designed to create systematic strategies that are both active and non-discretionary, adapting to changing market conditions to achieve outcomes like beating benchmarks, generating yield, or executing complex hedges. The system is engineered to be "algorithmically complete," meaning it can find the optimal custom strategy or prove that one doesn't exist within the given constraints. Key milestones include securing investments from SenaHill Partners and CBOE Holdings, which solidified the firm's position in the institutional trading landscape.

Keywords: options artificial intelligence, derivatives strategy, financial software, portfolio hedging, systematic trading, decision-support software, algorithmic trading, quantitative analysis, options optimization, risk management, institutional investing, FinTech, Gideon Agar, CBOE, SenaHill Partners, multi-leg options, alpha generation, custom indexes, trade analytics, portfolio optimization