All good things take time
We know you’ve been eagerly awaiting the details about the release of HaasOnline Cloud. Here’s what you can expect leading up to the official launch…
Changes to our pricing
Let’s begin with the updates to the pricing. With the introduction of the Cloud, we are going to change our pricing model. We have been listening to your feedback and learning about your specific goals that our products help you achieve. Our current software suite contains a wide array of useful features and advanced tools, which are reflected in the license prices. We are going to offer monthly and annual subscription plans that differ in terms of available features. There will be suitable plans for novice traders as well as ones to accommodate our most demanding traders–best of all you can upgrade or downgrade at any time.
We will also continue to maintain and update our on-premise version of HaasOnline Trade Server for enterprise and privacy-focused operations.
Once beta testing has finished, existing users will receive the option for a free upgrade to the cloud version, or to continue with the stand-alone enterprise license.
Sounds good, but what is HaasOnline Cloud capable of?
The name HaasOnline Cloud isn’t entirely accurate. Yes, we do use a cloud for stringing our data and for basic operations. However, what we are applying is something called Edge Computing. Your trade bots, which will be running on our advanced infrastructure, will be strategically located closer to specific exchange servers. It also means we will be providing the lowest latency times, which means better strategy execution.
Of course, there’s more to it than that because when you are closer and put a large amount of computing power against the exchanges, it becomes possible to run bots at a much higher speed. We’re talking about running bots at update speeds faster than the current industry standard of one minute intervals. These changes will result in very powerful and quick responding bots.
What types of trade bots will be possible?
The answer to that is simple. We will be running HaasScript in the cloud and phasing out our legacy trade and custom bots. You have the freedom to create trading strategies that range from arbitrage and scalping to your very own complex proprietary models. You will also be able to share and exchange scripts from marketplaces.
Anything you create or that is available now in HaasOnline Trade Server v3.x will run in the cloud version—everything is cross-compatible.
Curious what a full HaasScript trading bot would look like? Check out some of these user-generated trading bot scripts.
What’s the current release plan?
The current release plan looks like this:
- Internal testing (in progress)
- Final team testing
- Open public beta testing and certified security audit
We know many of you are anxious to get up and running on our new platform as soon as possible. We’re working around the clock and are currently using the new cloud, and trade bots are already running from it.
In future updates, we will go into more detail about what you will be able to do with HaasOnline Cloud.