Show HN: Aries – US Regulators approve the first open-source brokerage
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Large banks and institutions can afford to pay past regulatory & infra barriers but in our time interviewing developers and entrepreneurs we found that not only does Fintech have one of the highest startup failure rates but most of those failures can boil down to regulation, data fees, and infra hurdles that fintech entrepreneurs need to jump over. We’re designed to do all of the leg work so that builders can focus on building and getting to market from day one.
The easiest parallel to draw is what Unreal or Unity did for the video game industry. Our goal is to make it so that consumer innovation in fintech has an uptick.
To show off the power of our engine product we built two products which we will open source soon. The first is Aries Infinite which is an infinite canvas product for trading and the second is a low latency mobile trading app for US capital markets.
Today we announced that we received US regulatory approval:
https://x.com/unusual_whales/status/1892293763277693145