Last Updated on December 13, 2022 by Umer Malik
Share India was founded to provide Indian investors with a platform to invest in stocks and bonds. Since Share India’s founding, it has been more than 20 years. In India, it paved the way for algorithmic trading. The business currently ranks among the most prominent stock brokers in the nation, with more than 2 million consumers across India. Share India is a pioneer in algorithmic trading, an automated process of executing trades using software that utilises mathematical models and algorithms for decision-making. Do not miss the chance to start investing with Share India today.
What is Algo Trading?
It is a trading type that uses algorithms to make decisions. It is also called algorithmic trading, black-box trading, or high-frequency trading. The SEBI launched and authorised algorithmic trading in India in year 2008. Direct Market Access (DMA), formerly solely available to institutional investors, was eventually adopted by the trading community due to its cost advantages and better execution.
- Trading using algo can be rewarding if done correctly.
- When you thoroughly understand the markets, trading methods, and systems, you are safe with the trading type.
- It can be applied to both long and short positions.
- The most common use of algorithmic trading is to take advantage of small price moves in very liquid markets to capture a small profit.
- This type of trading has become popular because it allows traders to make many trades without constantly watching the market and paying commissions for each trade.
How is Algo Trading growing in India?
Trading has always been a part of Indian culture. People in India trade in stocks, commodities, and currencies. The share market is one such commodity traded on the Indian stock market. The stock market has been an integral part of the Indian economy for many decades now, and it has grown at a rapid pace over the years. However, it is not just the trading of stocks but also other financial products like bonds and derivatives, which have increased in popularity over time. The trading volume of these products has also grown significantly, with more people investing in them every day.
Algorithmic trading or algo trading is another phenomenon that has gained popularity in recent times, with more people investing in it as well. Algo trading refers to automated trades made by computer programs that are based on algorithms and mathematical models to predict market trends and take advantage of them for profit-making purposes. You can gain success in trading if you start investing with Share India, as this success can be attributed to Share India, which has made it possible for these transactions to happen seamlessly.
How Is It Beneficial To Do Algo Trading With Share India?
In the world of share trading, Algo Trading is a type of trading strategy that can be used by traders to profit from small price movements. It is also known as algorithmic trading or black-box trading. Algorithmic Trading with Share India stock brokers can provide investors with several benefits, such as:
- Better chance of returns on investments than blind trading.
- Lower transaction costs and fees than traditional buy and hold strategies
- Ability to automate trades based on pre-programmed parameters
Contribution of Share India in pioneering Algo Trading in India
Share India is a broker that offers algorithmic trading services to both retail and institutional investors. Share India was founded in the year 2008 by a team of experienced traders working in the Indian financial markets for over two decades. The business has offices in Mumbai, New Delhi, Chennai, Kolkata, Ahmedabad, and Bangalore, in addition to its main location. When you start investing with Share India, the company provides its services to retail as well as institutional investors and has a wide network of brokers across the country. Share India provides cost-effective trading solutions through its online trading platform, which is available 24×7 with no downtime. The company offers algorithmic trading services to both retail as well as institutional investors and has a wide network of brokers across the country.
Take Up Algorithmic Trading as a Career
A significant “tectonic shift” in the way trading was conducted on exchanges all over the world resulted from the introduction of algo trading in the late 20th century. To start investing with Share India is the best site to use if you want to succeed in algo trading. The following are the most crucial and pertinent abilities that are needed to advance in the field of algo trading and will be essential to one’s career path in this field:
- Ability to analyse
- Mathematics abilities
- The procedure for developing a strategy
- In-depth knowledge of the Financial Markets
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