Developers introduced the NYSE tool for stock token arbitrage

The development team has released NYSE — a specialized tool for automated arbitrage of tokenized stock pools on Robinhood. The software tracks deviations in token quotes from the real market value of underlying assets on the exchange.

The system works like a "gap desk", identifying price gaps in real-time. When inefficiency is detected, the algorithm automatically posts trading signals and records the results of trades. This allows users to track the success rate of the strategy on historical data.

The tool is distributed with open source code on the GitHub platform. The solution architecture is focused on working with liquidity pools, where token pricing can temporarily diverge from stock market quotes due to delays or execution features in DeFi protocols.

Using such solutions allows for automating the process of finding arbitrage opportunities in the synthetic assets segment. The tool provides transparent execution statistics, giving the opportunity to evaluate the effectiveness of trading algorithms without the need for manual monitoring of market spreads.