News And Events
High Frequncy Trading - Known as H.F.T. Is the Biggest Thing to Hit Wall Street in Years
High-frequency trading — known as H.F.T. — is the biggest thing to hit Wall Street in years. On any given day, this lightning-quick, computer-driven form of trading accounts for upward of half of all of the business transacted on the nation’s stock marketsk here to edit.
How India will Benefit from Increased Algorithmic Trading
Dr. Giles Nelson of Progress Software talks to Bloomberg about India's emerging economy. With growing trade volume, Nelson explains how India can benefit from embracing algorithmic trading.
Modrika Proudly Announce Tie up with Chicago Trading School
Modrika proudly announces collaboration with one of the oldest and renowned Chicago trading school based out of Chicago. Modrika aims to provide hand's on international trading experience to their candidates via this collaboration.
Brokers Upgrade to Algorithmic Trading for Fi Clients
An increasing number of broking firms in India are offering algorithmic trading to lure large institutional investors. Most big broking firms have updated their trading software to enable algorithmic trading that allows investors to obtain the best possible price without significantly affecting a stock's price and raising purchasing costs. About 18% of total trades on Indian stock exchanges are done through algorithmic commands. This compares with about 60% of the overall trades in Hong Kong and Singapore markets that are done using algorithmic strategies, according to exchange sources.
India's Catching up with Asian Peers in Algorithmic Trade
Algorithmic trading in shares listed on Indian stock exchanges could account for 30% of the overall cash market volumes by 2012, compared with around 20% at present, according to US-based consulting firm Celent, citing liquid stock exchanges, sophisticated technology and connectivity as the enabling factors. Algorithmic trading ? also commonly known as programmed trading ? entails the use of a pre-written software code to execute transactions, without manual intervention.
Credit Suisse Launches Algorithmic Trading in India
Credit Suisse's Advanced Execution Services (AES) unit has launched algorithmic trading in Indian equities. With this Credit Suisse clients can now employ a comprehensive range of AES algorithmic trading strategies for Indian equities, being able to trade more efficiently and achieve best execution. Since the formation of the AES group in 2001, the bank has pioneered new technology and brought it to as many markets as possible. In Asia Pacific, Credit Suisse AES became the first foreign broker to launch Direct Market Access (DMA)
Worried But No Plans to BAN Algorithmic Trading Products:SEBI
Capital markets regulator Sebi today ruled out a ban on algorithmic trading products, even though it said is "worried" by the rapid adoption of these tools and called for appropriate risk management systems to be put in place by market players using them. Sebi is not looking at banning these products, Sebi Chairman U K Sinha told reporters on the sidelines of a CII meet on capital markets here, though he added, "But we are...
Mrakets Need Real Time Surveillance Technology to Track Trading Glitches, Says Expert
Sharp market movements caused by algorithmic trading systems is nothing new and even manual traders have made similar mistakes before, said Dr Giles Nelson , co-inventor of the algorithmic trading software Apama , which is used by large institutions across the world. Market participants need to put in place technology that can do real-time surveillance, said Dr Nelson , who is currently CTO
Technology will Phase Out Trades for Arbitrage Gain
Arbitrage between different stock exchanges is a popular mode of trading in the stock markets. The stock prices are volatile and keep changing continuously. There is always some difference in price between different exchanges. Investors can make money using these price differences. Such investors are generally day traders. Other than investors who buy for a long term and traders who buy and sell on a daily basis to profit from minor movements, there's a segment called arbitrageurs.
Man Vs Machine: The Future of Algorithmic Trading
As of September 2010, 56% of daily NYSE trading volume was High Frequency Trading. That included proprietary trading shops, market makers, and High Frequency Trading hedge funds. Algorithmic trading has seen significantly greater adoption in various markets in the last few years. But what's in store in the future?
Norway's Day Traders Take On the Algo's
Nearly 40 per cent of all share orders in Europe are sent by algorithmic trading computers, up from just 20 per cent five years ago, according to the Tabb Group, a capital markets consultancy.