Vortex Brands Co. Initiates Algorithmic Trading Program Following Successful Infrastructure Implementation
Vortex Brands Co. Initiates Algorithmic Trading Program Following Successful Infrastructure Implementation |
[13-January-2025] |
DENVER, Jan. 13, 2025 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), a diversified technology company with interests in Bitcoin mining and financial technology, today announced the successful implementation of the infrastructure required to support its algorithmic trading program. This milestone follows the previously announced finalization of a Memorandum of Understanding (MOU) granting Vortex Brands access to proprietary algorithms with a demonstrated history of generating monthly returns exceeding 9%. Since finalizing the MOU, Vortex Brands has been diligently evaluating the available algorithms and conducting comprehensive testing in preparation for live trading. Despite the typically low volume and sideways market movements experienced through the recent holiday season, initial results have been promising. "We are pleased with the progress made in establishing our algorithmic trading program," said Todd Higley, CEO of Vortex Brands Co. "The successful implementation of our trading infrastructure and the encouraging initial results demonstrate our commitment to this exciting new venture. We are confident that this strategic expansion into fintech will drive significant value for our shareholders." About Vortex Brands Co.: Forward-Looking Statements: View original content:https://www.prnewswire.com/news-releases/vortex-brands-co-initiates-algorithmic-trading-program-following-successful-infrastructure-implementation-302349451.html SOURCE Vortex Brands Co. | ||
Company Codes: OTC-PINK:VTXB, OTC-BB:VTXB |