San Juan, Puerto Rico Atlantic Standard Time
Algorithmic trading systems for wholesale power markets.
Coretxt Software, LLC designs, builds and operates quantitative trading software for wholesale electricity markets in North America and internationally, focused on day-ahead and real-time price spreads.
About us
Coretxt is a privately held software and proprietary trading firm. For about six years we have developed in-house models, data pipelines and execution tools for electricity markets, and we have used them to trade our own capital in ERCOT for the past two years.
Proprietary technology
Our forecasting, bidding and execution systems are built and maintained in-house, from market data ingestion through bid submission and settlement review.
Data-driven approach
Our strategies draw on load, generation, weather, transmission and historical price data to estimate expected day-ahead and real-time outcomes.
Risk management & controls
Risk controls are built into our trading systems and reviewed regularly.
- Position and exposure limits enforced before bids are submitted
- Daily monitoring of collateral and credit requirements
- Automated checks on bid size, price and volume
- Daily reconciliation of positions and settlements
- Manual review and kill-switch controls on all strategies
- Compliance with the rules of each market we trade, including ISO/RTO market rules and FERC regulations
Contact
All inquiries
- Contact
- Robert Waterston
- rowa@coretxt.us
- Phone
- (432) 214-2057
- Company
- Coretxt Software, LLC
- Address
- 1959 Calle Loiza
San Juan, PR 00911 - Website
- coretxt.us