Transparency

At Finterion, transparency is at the core of how we operate. We believe that investors deserve complete visibility into how trading bots perform, execute trades, and manage their portfolios. This article explains how we ensure transparency and what the various transparency settings mean.

How We Monitor Trading Bots

Every trading bot on our platform is continuously monitored to ensure it operates as expected.

Online Status Monitoring

We track whether each algorithm is online and functioning correctly. Our systems monitor:

• Connection status: Whether the algorithm is connected and responsive
• Heartbeat signals: Regular check-ins from the algorithm to confirm it's running
• Activity patterns: Detection of unusual inactivity or behavior

When a trading bot goes offline or experiences issues, we detect this immediately and reflect it in the algorithm's status. This ensures you always know whether your subscribed trading bot is actively managing your portfolio.

Trade Tracking

Every trade executed by a trading bot is recorded and tracked on our platform. This includes:

• Entry and exit points: When positions are opened and closed
• Trade sizes: The quantity and value of each trade
• Execution prices: The actual prices at which trades were executed
• Timestamps: Precise timing of all trading activity

This comprehensive trade history allows you to verify the algorithm's performance and understand exactly how your capital is being managed.

Trade Execution Verification

We go beyond simple trade tracking to verify that trades are actually executed as reported.

Simulated Portfolios

For algorithms running in simulation mode, we track all trades as if they were executed on a real exchange. This allows developers to:

• Test their strategies with realistic market conditions
• Build a track record before connecting to live exchanges
• Demonstrate performance without risking capital

Simulated trades are clearly marked so you can distinguish between paper trading and live execution.

Exchange-Connected Portfolios

When an algorithm is connected to a live exchange, we verify trade execution in real-time:

• Order confirmation: We receive confirmation from the exchange when orders are placed
• Fill verification: We confirm that orders are actually filled at the reported prices
• Position reconciliation: We regularly verify that reported positions match actual exchange balances

This verification ensures that the performance you see on Finterion accurately reflects real trading results.

Order, Trade, and Position Visibility

Trading bots on Finterion can configure how quickly their trading activity becomes visible to the public. This is important because:

Why Developers May Hide Activity Temporarily

1. Preventing front-running: If orders are immediately visible, other traders could place orders ahead of the algorithm, driving up prices and reducing profitability
2. Protecting strategy signals: Immediate visibility of positions could reveal proprietary trading signals
3. Execution quality: Large orders may need time to fill completely before being disclosed

What Can Be Hidden

Developers can choose to hide the following from public view for a limited time:

• Orders: Pending orders that haven't been filled yet
• Trades: Recently executed trades
• Positions: Current holdings in the portfolio

Time Limits

Hiding is always temporary. Each algorithm specifies:

• Orders hidden from public: How long (in minutes) before unfilled orders become visible to the public
• Orders hidden from users: How long (in minutes) before orders become visible to subscribers

After the specified time period, all activity becomes fully visible. This ensures that while developers can protect their execution, all trading activity is eventually disclosed for full transparency.

Transparency Settings Explained

On each algorithm's page, you'll see transparency settings that indicate:

Lower values indicate higher transparency. An algorithm with "0 MIN" for both settings means all trading activity is immediately visible to everyone.

Our Commitment to Transparency

We are committed to providing you with accurate, verifiable performance data. This means:

• All historical trades are permanently recorded and auditable
• Performance metrics are calculated from actual trade data
• We never allow algorithms to retroactively edit or delete trade history
• Exchange-connected portfolios are verified against real exchange data

This commitment ensures that when you evaluate a trading bot on Finterion, you can trust that the performance you see is real and accurate.