Algo Trading India - The Best Algorithmic Trading Platform
Algo Trading
Algorithmic trading – Algorithmic trading or Algo Trading, simply means turning a trading idea into a trading strategy via an algorithm. The trading strategy thus created can be backtested with historical data to check whether it will give good returns in real markets. The strategy can be executed either manually or in an automated way. Algorithmic trading has revolutionized global financial markets, making them more efficient.
In developed markets such as the US, it stands at approximately 70- 80% of the equity market turnover. Algo trading India has also increased up to 49.8% of total turnover from 9.26% in 2010. In March this year, 44.8% of the cash market volume and 48.2% of the equity derivatives market were driven by algo trading, as per NSE data. On the BSE, 37.22% of trade in March 2018 was driven by algo trading.
Benefits of Algo Trading
The benefits of algo trading exist for everyone; including the layman investor, a professional trader or a financial institution.
Intellectual Engagement
Algorithmic trading automates the trading function which is incredibly advantageous to traders, which makes sure that the trades are carried out at the right time during optimal market conditions which increases the chances of high returns. The traders do not face the risk of missing out on important opportunities in the market.
Minimize Human Errors
Every active trader loses money to manual errors like punching wrong order quantity, wrong order price, or sending the order in the wrong scrip. Algo platform minimizes such errors.
Minimize Emotions
Another key advantage of algorithmic trading is that it removes human emotion from the trading equation as the trades are defined by preset conditions. This is advantageous because human emotions can cause investors to make irrational decisions based on fear and greed.
Save Time
With fully automated systems, there’s no need for teams of analysts to monitor price action or market news. You could run multiple strategies, each consuming all the market data it needs to make optimized decisions. This frees you up to discover new markets and new strategies that can diversify your portfolios.
Backtesting
One of the biggest advantages of using machines for trading is the fact that it makes things systematic, hence enabling the possibility to perform backtesting more comprehensively.
Inculcate Discipline
Trader’s emotions are eliminated in algorithmic trading as the decision making occurs according to the trading algorithm, bringing in a higher level of discipline in trading.
Diversify Trading
An automated trading platform permits the user to trade multiple accounts or various strategies at one
time. This has the potential to spread risk over various instruments while creating a hedge against losing positions. What would be incredibly challenging for a human to accomplish is efficiently executed by a computer in a matter of milliseconds. The computer is able to scan for trading opportunities across a range of markets, generate orders, and monitor trades.
Speed
Due to the use of computers and technology to implement trades, the execution speed is increased tremendously which helps avoid slippage, which is the difference between the market price at the time when the order was placed and the price at which the trade actually gets executed.
Our Features
Customized OMS
OMS or an Order Management System is an electronic system designed to facilitate and manage the execution of trade orders using algo trading.
You can fill orders for various types of securities, track the progress of each order, and check regulatory compliance including real-time position monitoring of trades.
Every trade order includes details about the security identifies, order type (buy, sell, etc.), order size, order type (market, limit, etc.), order instructions (day order, fill or kill, etc.), and order transmission (broker, ECN, etc.).
Multi-Exchange Multi-Client Setup
You can create a multi-exchange multi-client trade execution strategy to intelligently execute entry-exit into the market using well-tested algorithms.
You can easily integrate multiple data feeds and trade in multiple exchanges. This will help you conduct effective trade order management for multiple client accounts based on a single or multiple entry trigger from multiple logics.
Trade Management
With customized trading algorithms, you can manage trade orders to make market-efficient transactions and get good returns.
Algo trading ensures a systematic and more disciplined approach for trading that can help you eliminate emotional pitfalls and survive in uncertain and highly-volatile markets.
You can track the progress of each order, do position sizing, and tweak your trading strategies to ensure that you get good returns in real markets.
APIs (Application Program Interface)
An application program interface or an API establishes a connection between your custom-coded trading algorithms and preferred broker platform. APIs help you collect real-time pricing data and place orders.
Basically, APIs are crucial to implementing an automated trading strategy.
You can either use third-party applications that require access to broker APIs or develop your own automated trading systems to access pricing data and place trade orders.
Dedicated Support Desk
A dedicated algo development and support desk helps ensure a transparent approach to managing trade orders for multiple client accounts.
You can talk to financial experts and enquire about your trade orders and progress.
Inhouse Development
Algo trading is not just about trading. You also need to have knowledge of quantitative analysis/modeling as well as programming skills in C++, Java, Python, etc.
Trading knowledge about different types of trading instruments and trading strategies is crucial in creating robust trading programs. After coding the trading idea, the algorithms are tested and optimized to generate better results by changing some parameters.
Smart and well-tested algorithms can help mitigate risks and get you good returns in real markets.
Are you ready to make money with algo trading?
Contact us now!
Why invest with Findoc ?
- State of art Infrastructure
- Dedicated Algo development and support desk
- Ensure a transparent approach to clients
- Best software/application platforms available
- Access to extensive research
- Large investment selection
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