Let’s talk about PlatinX Technology’s PTX Algo software, the best HFT algorithmic automated trading software in India. What makes it the best and the features of PTX Algo software.
HFT Trading Software in India
Let us start with HFT Trading and what does an HFT trading software does?
HFT or High Frequency Trading is all about how quickly & swiftly you can execute trade orders. Obviously with the rise of technology, you can build a program that does this for you. This program that helps you execute orders on basis of various strategies is known as HFT algorithmic automated trading software.
HFT trading software uses various algorithms to analyze the smallest price changes of a crypto token on multiple exchanges. These changes are minute and are only there for fraction of seconds. HFT trading software picks on these price variations and execute trade orders. Buying and selling multiple times within seconds.
HFT algorithmic trading is generally used by financial institutions and big brokerage firms with large cash reserves. Although the price difference is very small but huge volume orders make a big change on the returns. Therefore, HFT automated trading is very beneficial for big investors.
Crypto assets are highly volatile; hence this high frequency trading is highly successful in crypto exchanges. The success of HFT algorithmic trading depends on the algorithms and software used. There is lot of programming involved therefore only the best HFT algorithmic automated trading software in India can help you achieve success.
Why PTX Algo is the best HFT algorithmic automated trading software in India?
Now that we explained about HTF trading, let us talk about the features of PTX Algo trading software. These functionality makes it the best HFT algorithmic automated trading software in India.
- Availability of Market Data – PTX Algo provides real-time market data and price quotes from multiple exchanges. It has a company feed build-in feature too where you can get all the data & matrices on crypto assets too.
- Connectivity to various markets – PTX Algo trading software is connected to big exchanges such as Huobi, Binance, Coinbase etc. The software also provides data feeds from various market aggregators too. PTX Algo can easily accept data from various sources in different formats and present in a concise way.
- Latency – PTX Algo is a low latency software. It has the minimum time delay in the movement of data points from one source to another. Crypto markets are dynamic and a lot can change within seconds. Therefore, the best HFT algorithmic automated trading software in India is PTX Algo with lowest latency.
- Customization – PTX Algo is highly configurable and customizable. You can use moving average price of minutes or hours or days etc. The software doesn’t constrict you to use built-in functionality only.
- Backtesting – It has backtesting simulation which allows to assess strategies on historical data. Traders can check the profitability and hands-on experience through testing on historical data.
- Scalability and Integration – PTX Algo has highly interoperable programming and APIs to provide data services across different platforms. It has easy integration to ensure scalability too.
How to start your HFT algorithmic automated trading journey?
Financial Knowledge – At the end of the day, a software is only as good as the trader. If you don’t know much about financial instruments and market, then even the best HFT algorithmic automated trading software in India cannot help you.
Coding Knowledge – It is best to have some coding knowledge to convert your strategy into codes so that you can check the practicality on historical data before using it.
Choose the right platform – Do your research and check the best brokers you can get the services from. If trading costs are low then only your profit margin would be high.
The Bottom Line
Although India has legalized HFT Algo trading very late than other countries, it has become very popular in equity markets as well as crypto markets. There is a huge need for HFT algorithmic trading software and PTX Algo fulfills that need. It provides a trading platform best suited for quants with multiple opportunities.