Is it compulsory to get every strategy approved from the Exchanges? Is it a strategy or a Trading Platform? Does Symphony have any Exchange approved Strategies? I have a retail trading account. Can I do the automated trading? What is the purpose of Presto FuseXL? I am using Excel to pass on input parameters to my Algo. Do I need Presto FuseXL for the same? Which all charting applications are supported by Presto for automated trading?

Symphony FinTech is Indian financial industry's leading solution provider of automated trading software for equities

Please explain which all APIs are available with you to write custom algorithms? Do you have APIs for Live Market Feed? What are the steps required for me to automate my AMI Broker Triggers? Who is an Authorised Person? Who can be appointed as an Authorised Person?

Can registered sub-broker with one stock broker of the Exchange become Authorised Person with another stock broker of the same stock exchange? Does client have to give trade instructions once or daily?

When and how often can client modify his strategy? Will same ledger and demat be used for regular trades and Algo trades? Can a client maintain family accounts through one Algo? Who will place trades - client directly or our dealers? Does client have to be given pre-order and post order confirmation? How does our algo pricing compare with competitors offering similar service?

What if client's funds are exhausted and Algo throws up buy signal? How does RMS work? Will we offer Co-location to client? Where can a client back-test his strategy? Who is Amibroker and what role do they play? My client is already running an algo with another broker. His strategy is exchange approved. Do we need to apply for approval again?

Posted in algo trading strategies for derivatives » Online Forex Trading South Africa

What is the difference between HFT and LFT? Why can't we offer both? Any order which is sent to the Trading Platform through some set of rules are termed as strategy or algorithms and needs exchange approval, be it Opportunity Generation or Opportunity Execution. Presto is the core Enterprise level Trading Platform, just like other Trading platforms you may have experienced such asODIN or NEST.

With Presto you can place manual orders, see Market Watch, open orders, Market Depth, Exchange transactions, Trade positions, M2M etc. Unlike other Trading Platforms, Presto has been designed for automated trading so that algorithms can be written on top of it or algorithmic orders can be traded through Presto.

Symphony has developed couple of Strategies and got them pre-approved such as PrestoJobEx with NSE so that traders can use them through our Partner Broker accounts without going through the approval process.

Please talk to our Sales team to understand these Strategies. Symphony is of the opinion that we should not change the mindset of the trader. We have developed technology to capture triggers directly from such charting solutions some of them is already launched and development in progress to add more. NSE compliance requirement says that automated trading can not be done by retail trader. He has to be an AP Authorised Person to do the automated trading. Our partner Broker can help you in documentation and registration as AP, if you have not already done so.

FuseXL is an Excel Plugin for Presto. It is required when you write macros in Excel and generate triggers. Excel Plugin pushes the order into Presto and calls for execution reports from the Presto and gives it back to Excel for further signal processing. Here MS-Excel is playing an intelligent role. If you are using MS-Excel as dumb application to just pass on input parameters to Opportunity Execution strategy at Presto ATS, you do not need Excel Plugin. We have complete integration possible with AMI Broker.

We are working to integrate Presto with other charting applications and will announce as soon as we are ready. We have two main categories of APIs: Strategy APIs Strategy APIs - These APIs are in JAVA and available as a part of Java Development environment. These are extensive APIs with trading functionalities, using them you can develop strategies which could reside on the Presto Application server directly.

Client APIs Client APIs - Strategies developed using these APIs talks to our ESB Enterprise Service Bus. ESB has the capability to communicate with the Presto Application Server for sending orders as well as receiving execution reports. We have the Broadcast APIs available, if the strategies developed using Client APIs reside in the network of Presto Application Server. APIs are available for following applications: Yes, We provide APIs for Live Feed.

To access data Feed through APIs, algorithm has to reside within the LAN network of the Presto Trading Server at the broker's premises. Because we capture the triggers as soon as the Arrows are plotted in the chart. We will provide you a PrestoFuseAB PlugIn to be deployed in your machine where AMI Broker is installed, which will understand your triggers and transfer the required information of your strategy to the Trading Server for automation against your account.

Any person who is appointed as such by a stock broker including trading member and who provides access to trading platform of a stock exchange as an agent of the stock broker is an Authorised Person.

An individual, Partnership Firm, Limited Liability Partnership LLP and a Body Corporate meeting the requisite eligibility criteria prescribed by the stock exchange can become an Authorised Person.

The individual should be a resident of India, Partnership Firm should be registered under Indian Partnership Act, , LLP should be registered under the Indian Limited Liability Partnership Act, and Body Corporate should be registered under the Indian Companies Act, Same person cannot act as sub-broker with one stock broker and as Authorised Person with another stock broker of the same stock exchange at a time.

Client can give the trade instructions once as an undertaking to the Dealer to define his trade parameters on a regular basis.

Additionally, or alternatively, Client can also send the modified or daily instructions before the time set by the dealer. If client comes up with his own strategy, it will go through the exchange approval process before going Live with the same.

For major changes, including UI and functionality, strategy may have to go through the Exchange approval to follow the compliance requirements. Contact your relationship manager for the commercial implications, if any. Algo Trading is done through completely separate platform, which is different than the currently used Trading Platform for regular trades. Both the platforms have separate Risk limits. Single Algo can be used to trade in multiple family accounts.

Algo terminal will be operated by the Dealers. You may apply for Dealer terminal by registering yourself as dealer. Contact your relationship manager to know the process and documents required.

Since it is an fully automated algorithmic trading, Dealer will not seek any order confirmation.

Algo platforms at Compositedge | Composite Edge

Trading will be done based on the algo input parameters defined by the client. Manual intervention with limited functionality is available with dealer.

We are one among the leading Brokers offering fully automated trading at an affordable prices. You may come across few service providers offering limited functionality and unauthorised operations at a cheaper price, which has known to be non-productive and un-economical in a long run. Client should request for increase of Limit in RMS before his further orders are allowed.

We offer Co-location facility to clients seeking faster execution of their strategy. Contact your relationship manager to know the process and commercials. Client can back-test their strategy on the back-test platform of their choice, where they are able to reproduce and program their strategy conveniently and availability of historical data for the period back-testing to be done.

AMIbroker is a Technical Analysis software developed by Mr. AMI Broker provides easy to use scripting language AFL to develop custom algorithms, besides several inbuilt Technical Indicators. AmiBoker has a large community of users, ready to help each other both on non-commercial or commercial basis. AmiBroker is equipped with a powerful formula language called AmiBroker Formula Language AFL , allowing you to write trading system rules, define your own indicators and custom commentaries.

Strategy is required to be approved at every Broker where it is being operated upon. High Frequency Trading HFT system where orders are sent at a very high frequency , is required for the conventionally used Algos such as Calendar Spread, Cash-Future arbitrage etc , wherein several traders across are trying to cash upon the limited opportunity which market may throw due to minute imbalances.

Time to market is very crucial in such algos so as not to miss the opportunity. Such Algos will require exchange Co-located Servers, limited Dealers per Server and Tick-by-Tick data Feed.

As against, Low Frequency Trading LFT system where limited orders are sent based on some unique intelligent logic, mostly directional alpha seeking algorithm. Such system requires several trading features and flexible trading methodologies to accommodate various type of traders. Since both HFT and LFT system require different trading environment and attract different set of traders, they are built on different technologies.

Presto has been built on LFT technologies to attract Active Traders. Home About Us Solutions Products Technology Our Clients Careers Contact Us Site Map.