Hedgey–An NLP Brokerage

Hedgey is an NLP trading platform designed to bridge the gap between idea and execution for retail investors; designed for equities and options.

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Inspiration

Trading is currently clunky and un-intuitive for the modern age. It takes time and effort to do research and manually execute trading on brokerage platforms, and the barrier for entry presents an issue for everyday retail traders.

What it does

Hedgey is an NLP trading platform that allows you to execute trades in natural language. Simply type a prompt like "i wanna buy 100 bucks of facebook" and the application executes the trade in your brokerage. With this, we can also design options strategies and hedges using deep research, allowing the user to carry out trading strategies in an intuitive way.

How we built it

We built hedgey using Claude/ChatGPT as our LLM and Alpaca as our brokerage platform. We built a simple web app using typescript and vite + shadcn to create a user-friendly experience.

Challenges we ran into

The main challenge we ran into was getting the LLM to process commands in an efficient manner; we struggled with differentiating with buy/sell commands.

Accomplishments that we're proud of

We were able to actually execute live trades and strategies! This enables for simple-to-use trading so that even your grandma can trade options.

What we learned

We learned about the fintech sphere, particularly with trade execution, notional orders, and PFOF (payment for order flow)

What's next for Hedgey–An NLP Brokerage

We want to apply for a microgrant (as we are students) and see where that takes us :)

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