Tag Archives: Algorithmic Trading for Retail / Active Traders

Price List for Presto Licensing w.e.f. 1st April 2017


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FREE Data Feed For AMI Broker Users


Free Real Time Tick data feed with 1 sec Time Stamp along with Presto License.

Limited offer for Sept and Oct 2015.

Call Symphony “Support Team” or email “info@symphonyfintech.com”

Terms:
– This will be valid for New Licenses or on Renewal of existing Licenses.

– This offer is valid for Clients of our Partner Brokers.

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PRESTO Pre-Packaged Strategies


PrestoJobexStrategy

Presto Jobex is a multi client trade execution strategy.

  • With this strategy user can intelligently execute their Entry into the market.
  • The user can also define their Exit beforehand to place Target orders, StopLoss orders, Trail the Stoploss etc.
  • It also allows the user to Slice his total Entry Qty. at four different target levels.
  • Thus the user can execute both Entry and Exit scientifically, without any human emotions.
  • User will be able to do effective trade management for multiple client account based on single Entry trigger.
  • User can also define the client-wise maximum loss limit for every symbol.
  • It also has the capability to accept triggers from third-party applications like Amibroker, MsExcel and custom built decision making software.
  • This strategy is both Intraday & Positional.

 

PrestoSmartJobbingStrategy

PrestoSmartJobbing is an Alpha Seeking Strategy. It is usually being used by jobbers who trade based on the breakout of High & Low. Its practically impossible to track basket of 50-100 symbols manually. This strategy is designed to meet the need of these type of traders.

  • In this strategy We subscribe to a basket of scrips in the input file.
  • The strategy will then filter out scrips with Open=Low or Open=High & will look for candle breakout entries in those scrips as per the parameters set in input file.
  • Scrips with Open=Low are considered for Buy side breakout while scrips with Open=High are considered for Sell side breakout.
  • After Entry the strategy will place Target & StopLoss orders at pre-defined levels.
  • It sets symbol-wise position sizing based on its StopLoss values thus allowing effective risk management.
  • The Strategy also calculates 6 different target levels (T1-T6), for Profit Levels. The Profit order will be placed at T6 while remaining target levels are used for trailing of stoploss.
  • A csv file mentioning the various target levels & their respective stoploss levels is generated by the strategy on the server.
  • At End Time the strategy will square-off all the open positions & cancel all open orders.

 

PrestoSmartCallExecutorStrategy

PrestoSmartCallExecutor is an execution strategy developed for traders who subscribe to signal providers for Buy/Sell decisions or generate signals through some other analytics. Through this strategy user will simply provide the trigger levels in a CSV or txt file & the strategy will accordingly execute the signals automatically.

  • In this strategy the user will write in Entry Price, Entry Qty., Profit Levels & Stoploss Levels in the csv or txt file.
  • The strategy will read this file & execute the signals as per the levels in the input file.
  • The user can write new signals any time in this file.
  • The strategy will read the file at fixed interval & look for any modifications if any for further execution.
  • As the Entry positions get filled the strategy will accordingly place the Profit & Stoploss Levels for those symbols.
  • This strategy is both Intraday & Positional.

 

PrestoSmartExecutorStrategy

PrestoSmart Executor is a simple LimitOrder modification execution strategy. Its a single client strategy.

  • This strategy will first place a Limit order as per the signal received.
  • It will then modify the strategy by user defined fixed number of ticks & at fixed time interval.
  • This process will continue till the no. of attempts defined by the user.
  • Finally it will replace the order to Market or cancel the order.
  • It also has the capability to accept triggers from third-party applications like Amibroker, MsExcel and custom built decision making software.
  • This strategy is both Intraday & Positional.

 

PrestoBracketOrder Strategy

PrestoBracket Order is a simple single client trade execution strategy. It has been designed for traders who punch in manual orders. This strategy helps user to intelligently execute his Entries & Exits.

  • The user can simply press F11 or F12 button to Enter Buy or Sell order respectively.
  • Simultaneously the user can define his Targets  & StopLoss levels.
  • The user can also define these Target levels & StopLoss in Absolute & Percentage terms.
  • Once the Entry Order is filled the strategy will place the Target & StopLoss level as defined by the user
  • This is an Intraday strategy.

 

PrestoOTC Strategy

PrestoOTC is an execution strategy designed for traders who trade in bulk orders.

  • PrestoOTC strategy is designed for manual traders to achieve better average price from a defined price range rather than the limit price as defined by the user.
  • OTC tracks market quotes and changes the bid/ask price and places part-order to exchange, thereby enhancing the overall buy/sell price.
  • It also allows you to add a volume filter based on total traded quantity.
  • Thus it results in less slippages for traders who punch in large chunk of orders.
  • This is a single client based strategy for HNI clients interested in trading in large quantity.

 

PrestoSmartPivot Strategy

PrestoPivot is an execution strategy developed for researchers/traders who trade using Pivot Calculations. Pivot Levels are calculated using Open-High-Low-Close levels of previous day. It usually consists of Support Levels & Resistance Levels.

  • Trader will provide the Support & Resistance trigger levels in a CSV or txt file & the strategy will accordingly execute the signals automatically.
  • Strategy will take Entry if the Market takes the defined Support (or Resistance) and breaches Long Entry values (or the Short Entry values).
  • On Entry, Strategy will automatically place the Target orders (two slices of 50% qty each) alongwith StopLoss order.
  • Once the Target is hit, StopLoss will automatically get cancelled or vice-versa.
  • This is a Multi-client Strategy, where trades will be done on behalf of multiple clients as defined.
  • Its an Intraday Strategy. All positions will be closed at the end of Strategy Time.

 

PrestoSmartPair Strategy

PrestoPairTrading is an Alpha Seeking Strategy designed for traders who trade in virtually any Market conditions: Uptrend, downtrend or sideways movement. This strategy is based on Monitoring and Comparing the performance of two historically correlated symbols. When the correlation between the two securities temporarily weakens, i.e. one stock moves up while the other moves down, the pairs trade would be to short the outperforming stock and to long the underperforming one.

  • This is a 2Leg Intraday Strategy designed for FO and CM segments.
  • User has to choose two correlated Symbols on which they want to do Pair trading.
  • User then have to choose a price difference between these two symbols
  • Strategy will compare the Spread and decide placing Buy/Sell order when opportunity strikes.
  • This process will have multiple entry and exits based on Market movements.

 

PrestoSmartTrading Strategy

PrestoSmartTrading is an execution strategy which is based on bidding concept to make maximum profit. This strategy has been designed for traders who want to execute single leg trade at the best possible price, which is practically impossible with Manual Trading. These traders spend most of their time researching the opportunities in the market and execute the trades at best price while bidding through this strategy.

  • This is an Intraday strategy developed for FO and CM segments.
  • User has to select the Symbol on which they want bidding along with some other parameters like Side (Buy/Sell) etc
  • Strategy will check the Best Bid/Ask price depending upon the type of order to be submitted. Become best bidder by incrementing/decrementing best bid/ask by input value.
  • Strategy will maintain the gap with the previous bid in the order book.
  • Strategy is also having a feature to either bid in Aggressive mode or Non-Aggressive Mode. depending upon the trader’s urgency to execute trade.

 

PrestoSmartSwing Strategy

PrestoSmartSwing is an Alpha Seeking strategy which is based on high low break out concept with Swing feature. This strategy is basically designed for traders who always want to be available into the market with some positions.

  • This is an Intraday strategy developed for FO segment.
  • Strategy will place the entry order (Buy/Sell) based on high low breakout for a defined candle time frame.
  • Once entry is filled, it will place the Stop Loss order of double quantity. One is to square off the entry order and second one is to take a new position.
  • This process will keep going on till Market closes at end of trading hours.

 

PrestoFuseAB – An AMI Broker based trading system

PrestoFuseAB is an Ami Broker based trading system for Technical Analysts.

  • Strategies created on AmiBroker charting application and buy and sell signals are plotted on the chart accordingly (an up arrow for a buy signal and a down arrow for a sell signal).
  • These triggers are then passed to Presto using PrestoFuseAB PlugIn (AMI-Presto bridge) where they are being shown and executed.
  • The triggers can be used either for single account or multi account trading.
  • The triggers can be passed either directly to the PrestoOMS or via an Execution Strategy (such as PrestoJobEx) to add some more Rules / Filters.
  • Advance features available to send Qty, Trailing StopLoss and various other parameters from AMI Broker to Presto for further execution.

 

PrestoFuseXL – An Excel based trading system

PrestoFuseXL is an API based trading system designed for traders who works on MS Excel for developing their strategies using Macros.

  • This strategy creates an alert with in MS Excel based on internal logic developed using Macros.
  • These triggers are then passed to Presto using PrestoFuseXL (MS Excel-Presto bridge) where they are been shown and executed or give signal to additional linked execution strategy programs for further execution.
  • Data Feed and Execution Report APIs available to develop complete Front-End UI.
  • This strategy can be used either for single account or multi account trading.
  • The triggers can be passed either directly to the PrestoOMS or via an Execution Strategy (such as PrestoJobEx) to add some more Rules / Filters.

 

Presto API Solutions

Presto APIs are available as under to develop custom strategies and external applications:

  • Using Presto strategy APIs, user can develop their own custom strategy based on proprietary logics.
  • Using Presto gateway APIs, user can integrate their Black Box strategies with Presto Order Management System.
  • APIs are available to build and communicate with Java, .NET, Python, XML, Java Script and HTML applications.
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Symphony in your city…


Dear Traders,

We have initiated our summer campaign to visit Five cities during the next few months. We have already covered Mumbai & Coimbatore, in partnership with MarketCalls.in and are overwhelmed with the response. Please see the slide show for some of the visuals ..

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We are initiating a poll wherein, you the traders, will decide the next city we shall come for our next workshop!! Please share it among your fellow traders as well!!

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Symphony Fintech announces collaboration with Spider Software


Solution to be used for Customers of Spider IRIS Software

Symphony Fintech, a provider of Automated Trading Systems, today announced collaboration with Spider Software. Symphony & Spider will jointly develop an interface Spider’s IRIS software with Symphony’s Presto OMS. This combined offering will enable Power Traders to develop, test and deploy their Technical Indicator based algos seamlessly.

Addresses a common problem that Power Traders face

This combined offering addresses a common problem that power traders face in India to automate their algos. Spider’s IRIS can be used to develop ‘Trading Strategies‘ based on Technical Analysis/Event analysis. Using Presto, one can back-test the strategies after they are developed and paper-trade the strategies and then, deploy the strategies ‘live’ at participating brokers.

Value-add service for many clients

“Symphony Fintech’s turnkey solution allows Spider to offer value-added services to its clients,” said Ravi Lokhande, Director, Spider Software. “Symphony’s algo platform will be integrated into our front-end – a single platform for multiple exchanges: BSE & NSE (Cash & F&O), MCX”.

ImageSpider Software Pvt Ltd is a pioneer in developing Real Time and End of Day technical analysis software for stock market traders in India. Since its inception in the year 2000, Spider Software Pvt Ltd has continuously developed unique and exceedingly effective and superior software being used by more than 5000 users all over in India.

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It’s time to understand algo trading – Business Line


Algo trading is actually not as bad as it is made out to be,” says Praveen Gupta, CEO, Symphony Fintech Solutions, a software provider in the algorithm trading space.

Business Line Article- Full Interview on Algorithmic Trading market in India of Symphony’s CEO

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Algo Trading for Active Traders/ Retail


 Retail Brokers** in India are looking for ways to take the Industry to the next level. We at Symphony FinTech have understood the future and have developed an Enterprise Version for Retail Brokers where Brokers can provide their strategies to retail clients and even provide them a platform where they can design, execute their own strategies.

SFT_Brochure_for_Active Traders

Symphony Presto™ ATS (Enterprise Version) enables Broker/Client to:

  • Enable Retail broker to provide their Black Box, Grey Box Strategies to the Active Clients/Traders
  • Manage different levels of Clients/ Trader’ s availability of features
  • Segregate the Clients/Traders on the basis of various parameters.
  • Manage RMS parameters for different clients
  • Allow back testing facility to optimize their strategy.
  • Create their own Proprietary Strategies
  • Single Platform for running Multiple Strategies, trade with Multiple Data vendors and Multiple Exchanges with Multiple Segments

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**NOTE: At present if an active trader wants to do Algo Trading in Indian Market:
             a. He/She should declare himself/herself as a Franchisee/Sub-Broker/Office of the respective Broker
             b. He/She should be NCFM certified.
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