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Algo Trading | April 21, 2023

Join, Retain, and Partner with the Best Trading Firms and Grow as a Professional Trader

The global economy is going through a significant paradigm shift, and people are starting to invest in the stock market more than ever before. Be it the uncertain economic environment or a vision for financial stability, the number of professional traders is rising exponentially. As per the latest data, over 9.6 million active traders exist online, which accounts for 1 in every 780 people.

For anyone who aspired to start trading, getting associated with a trading firm is advantageous. They let you trade in stocks by providing tailored investment advice based on specific risk levels and goals. Let us dig deeper and explore how these firms can be the ladder to your success in the stock market.

How do Stock Trading Firms Assist Professional Brokers?

Trading firms provide education, resources, trading tools, and other crucial services that make trading easier. Big-shot trading firms such as Findoc utilize the Algo trading software to facilitate HFTs (High-Frequency Trading), allowing for more efficient market making and risk management.

The present-day trading firms offer training, mentoring, and networking opportunities, giving you access to the traders' community for collective growth. They support multi-market and multi-asset investments, which broadens the investment possibilities. Besides, trading firms capitalize on robust, high-tech automated systems to enrich the trader's experience and expertise.

Why is Algo Trading an Important Aspect While Choosing the Stock Trading Firm?

Since technology is at the forefront of stock market investments, it is no wonder why Algo trading is gaining much traction. It ensures that each trade is executed at the best possible price for the trader and in accordance with his strategy. From trade automation to risk mitigation, Algo trading is a pioneer for beginner and professional traders. The market size for Algo trading is estimated to reach from $2.19 billion in 2023 to a whopping $3.56 billion by 2030.

Algo trading helps you test the waters despite having zero or little knowledge regarding the investments. Thus, trading firms leveraging the power of Algo trading can skyrocket your trading career through tech-enabled tools, hassle-free automation, and expert guidance.

What Are the Features a Stock Trading Firm Should Have?

There are numerous trading firms in the stock market, making it challenging for professional traders to narrow down their choices. There are many things to consider, from front-end trading interface to analytics tools and risk mitigation to order management system. The following are a few innovative features offered by the best trading firms, like Findoc, to help restructure and simplify trading.

  • Customized OSM: Findoc's order management system is a computerized one that manages the trade execution through Algo trading. It lets professional traders fill orders for diversified securities, assess their progress, and ensure regulatory compliance. One can also monitor the real-time situation of trades, their prices, and demand & supply in the market.
  • Trade Management and Execution Support: With custom trading Algo and AI-backed systems of Findoc, professional traders can conduct portfolio analysis to reap higher returns as per current trends or historical data sets alongside other factors. It provides a systematic and disciplined approach for investments involving a certain risk factor. In addition, Findoc also offers mentorship and excellent support 24/7, with trading veterans and connoisseurs curating the strategies for you.
  • Robust and Efficient APIs: APIs are vital for applying automated strategies for trading. With Findoc, you can utilize third-party applications necessitating access through APIs. Likewise, professional traders can also develop their own systems to garner real-time data and place orders on the go using a single button click. Findoc's API interfaces are tailored and developed by experts who are well-familiar with APIs' capabilities.
  • In-House Development & Support: Algo trading requires understanding quantitative analysis, like programming skills and various algorithms you want to utilize. A successful professional trader needs comprehensive expertise concerning currency movements, and Findoc's guidance plays a vital role here. Thus, you can apply strategies derived from mathematical equations for investments having the potential to generate good returns when tested by dynamic variables. With Findoc's valuable training, you can become an expert at risk assessment of your trades based on certain factors.
  • Excellent 24/7 Support: Professional traders can contact Findoc's Algo development & support team before placing their trades to ensure things are done right. Suppose you are a beginner and lack abilities to trade smartly in the market. In that case, the financial experts of Findoc will offer support as per your trade requirements and financial goals.

How Algo Trading Software Are Beneficial for A Professional Trader?

Leading trading firms such as Findoc offer a gamut of Algo Trading Software that helps professional traders make better investment decisions. Likewise, they can utilize features such as financial advice & tools, automated risk management, backtesting, portfolio management, and more. Let us explore in-depth and learn how Algo trading software benefits professional traders at a scale.

  • Automated Trading: Algo trading software allows traders to automate their trades and invariably run them. This helps them save time, reduce the risk of making mistakes, and avoid getting overwhelmed by the market.
  • Automated Backtesting: It permits traders to test out strategies before they are actually deployed on the market. Automated backtesting gives them a chance to see which strategies work best for them before they get into real trades with real money on the line.
  • Real-Time Data and Market Information: The Algo trading software provides real-time data, which helps in making accurate decisions. Besides, professional traders also get access to algo trading strategies and advice on what mistakes to avoid. The software can provide alerts about market conditions, which is helpful for those who want to be on top of their game regarding trading.

Algo Trading Software Variants that Help Simplify and Streamline Your Stock Trading Goals

The objective of Algo trading software, backed by artificial intelligence and machine learning, is to make your trading journey seamless. Trade software is indispensable for prudent investments, from third-party trade simulations to live backtesting. These are the top nine trading software platforms that top trading firms like Findoc deploy to facilitate sub-brokers and professional traders.

Software Name Prime Features
Algobulls Customizable trading algorithms for bespoke investment strategies powered by artificial intelligence.
Tradetron Assists in automating quant strategies and building scalable algorithms minus any single code, which can be traded for monetization.
uTrade Best suited for financial enterprises and their end customers, it offers multi-asset trading and single-digit microsecond latency.
Refinitiv With robust technology, open software solutions & critical data, and expertise, it helps mitigate risk concerning your stock market investments.
GreekSoft A multitasker software providing comprehensive solutions with the swiftest trading speed powered by a 10G Ethernet network and HFT support.
Algobaba It is a trade execution platform utilizing its proprietary system STOXXO to offer features like live trading, a trade simulator, and tailor-made investment strategies.
Multi Trade Extensively scalable software that enables trades of sizable volumes and comprises a user-oriented and straightforward UI design.
XTS (Symphony) It is an advanced sell-side trading software preferred for its multi-asset and market compatibility and for streamlining enterprise trading.
Robomatic It blends finance, innovation, and technology into the trading segment and lets you filter and select varied stocks.

The Ball Is in Your Court Now

Every professional trader needs a customer-centric, tech-enabled trading platform to begin their investment voyage in the market. While pumping your money into the stocks, a reliable trading firm like Findoc would be a turning point in making your investments profitable. It helps beginners and professional traders to learn the know-how of trading, test and execute trades through varied algorithms.

Get Started with Algo Trading

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Important Message The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

Attention Investors
  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • 3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • 4. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.
  • 5.Investments in securities market are subject to market risks, read all the related documents carefully before investing.
  • 6.The securities are quoted as an example and not as a recommendation.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries forrefund as the money remains in investors account.
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDLon thesame day.....issued in the interest of investors.
KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. | (As instructed by SEBI, We hereby declare that we do engage in proprietary trading in all segment across the exchange.)
Effective communication & Speedy redressal of the grievances a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES: i. Name, PAN, Address, Mobile Number, Email ID c. Benefits: i. Effective communication ii. Speedy redressal of the grievances link: https://scores.gov.in/scores/Welcome.html
In case of grievances for any of the services rendered by Findoc Investmart Pvt Ltd write an email to grievance@myfindoc.com
Mandatory updation of certain attributes of KYC of clients - The advisory is also displayed on the Depository website at following link: https://nsdl.co.in/downloadables/pdf/Advisory%20%E2%80%93%20KYC%20Compliance.pdf
1. NSDL:IN-DP-469-2020 2. Findoc Finvest Pvt. LTD. CIN no:U65910CH1995PTC016409 RBI REGISTRATION NO. B-06.00267 3. Findoc Investmart Private Limited CIN no:U74992CH2010PTC035180 SEBI REGISTRATION NO. INZ000164436 4. Findoc Investmart IFSC PVT. LTD CIN no: U65999GJ2017PTC095984 SEBI REGISTRATION NO. INZ000200735 5. INVESTMENT ADVISOR SEBI Registration no. INA100012297

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