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”.
Spider 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.
Symphony Fintech Solutions Pvt Ltd, a provider of Automated Trading Systems, today announced collaboration with PhillipCapital India. Symphony will develop an interface with PhillipCapital’s in-house OMS. This combined offering will enable PhillipCapital’s Active Traders to develop, test and deploy their algos seamlessly.
Addresses a common problem that Active Traders face:
This combined offering addresses a common problem that Active Traders face in India to automate their algos. Symphony’s Presto platform can be used to develop ‘Trading Strategies’ based on fundamental/technical indicators with Live (Intra-day) or historical-data. One can back-test the strategies after they are developed and paper-trade the strategies and then, deploy the strategies ‘live’ at PhillipCapital.
Value-add service for many clients
“Symphony Fintech’s turnkey solution allows PhillipCapital India to offer value-added services to its clients,” said Mr. Kalpesh Vora, VP Retail, PhillipCapital (India) Pvt Ltd. “Symphony’s algo platform will be integrated into our back-end – a single platform for multiple exchanges: BSE & NSE (Cash & F&O), MCX-SX”.
With more than 3500 employees globally, PhillipCapital manages worldwide assets under management total to more than USD 22 Billion with shareholders’ funds in excess of USD 1 Billion. PhillipCapital operates in the financial hubs of 16 countries across the globe.
For more information:
Shantanu U, +91-8898699175, firstname.lastname@example.org
Mr. Kalpesh Vora., +91 9920913399, email@example.com
Kwang Sook Fong, +65 6531 1567, firstname.lastname@example.org
Prop Desks of India looking for profitable Algo strategies can select any one of them while signing the contract with Symphony. All these strategies are approved by exchanges and are developed with the help of some of the most famous Stock Gurus of India:
– Presto-SmartTrading: A profitable market making strategy
– Presto-SmartJobbing: Profitable completely automated jobbing logic
– Presto-AB-Crossover: A very profitable AmiBroker based strategy with customized execution logic
– Presto-Xover: Select your oscillators and customize entry/exit, Bracket Orders, Slicing, Trailing SL etc.
– Presto- Opportunity Target Completion Strategy
Symphony Presto™ ATS is a comprehensive platform to Design, Test, Execute and Monitor fully automated trading algos using asset classes available in MCX & NSE. Presto provides a framework to deploy your trading algos with Live Market Data & Direct Market Access (DMA).
Presto provides users the ability to create, test and deploy Trading & Execution strategies and algorithms. Presto’s user interface enables traders to manage & control strategies in real-time.
Following are some of the Strategies that have been developed and running live on Presto:
Presto™ Fuse AB
Presto can be used to automate AmiBroker based trading strategies. One can write strategies in AmiBroker using AFL and trade directly with an Exchange (NSE/MCX) using Presto. Additionally, Presto™ enables such strategies to receive live market data (ask/bid/LTP etc.).
Main Features of Presto™ Fuse AB
Enables AmiBroker based strategies to
• Direct Order placement from AmiBroker to Exchange
• Add Quantity/Lot Size to the triggers for Automated Trading
• Automate selected strategies
• Customize execution strategies
• Complete order management through Presto Dashboard
For more details take a look at the Product Brochure:
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.
Symphony Presto™ ATS (Enterprise Version) enables Broker/Client to: