Revolutionizing the Finance Industry with AI Based Algo Trading
Where Precision Meets Profitability!
Are you ready to revolutionize your trading strategy? Algo Engine is not just a tool; it's your key to unlocking a new realm of trading possibilities. Seamlessly designed for optimizing trade execution, ensuring precision, and minimizing market impact costs, Algo Engine is here to elevate your trading experience to unprecedented heights.
- Time Weighted Average Price (TWAP) - Order Slicing
- Time Weighted Average Price (TWAP) – Price Band
- Averaging Scalper Algo
- VWAP Scalper Algo
- Averaging Price Betterment Algo
Time Weighted Average Price (TWAP) - Order Slicing
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Objective
TWAP Order Slicing, an integral strategy within Algo Engine, is tailored for buying or selling a specified quantity of an underlying symbol evenly over a user-defined time period.
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Execution
- The total order quantity is sliced into smaller parts.
- Each slice is executed at regular intervals over the specified time horizon.
Time Weighted Average Price (TWAP) – Price Band
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Objective
Building upon TWAP Order Slicing, this strategy within Algo Engine introduces an additional condition. It ensures that the Last Traded Price remains within a user-specified range.
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Execution
- Monitors the Last Traded Price of the asset.
- 2. Adjusts slicing parameters or order execution based on the specified price range.
Averaging
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Objective
Tailored for investors, the Averaging strategy within Algo Engine enables the averaging of positions when the market moves by specified points in the desired direction.
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Execution
- Monitors market movements.
- Executes trades when the market moves by the specified points in the desired direction.
Averaging Scalper Algo
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Objective
The Averaging Scalper Algo is crafted for efficient and rapid trading, aiming to capitalize on short-term market fluctuations by executing averaging strategies.
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Execution
- Monitors real-time market dynamics.
- Initiates trades swiftly to take advantage of short-term price movements.
- Implements averaging tactics to optimize position entries and exits.
- Adapts to market changes and dynamically adjusts trading decisions.
- Enhances precision in executing trades during rapid market fluctuations.
Benefits of Algo Engine
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- Automated Execution: Executes large orders automatically.
- Reduces Errors: Minimizes psychological and human errors in trading.
- Speed of Execution: Orders are precisely timed to hit the market.
- No Lag: Minimizes the lag between execution price and specified price.
- Balances Market Impact: Reduces the impact of executing large orders.
- Simultaneous Automated Checks: Monitors multiple market conditions simultaneously.
faq
Most common question about our services
Any Broker can integrate Algo Engine in their system, using Intellect's middleware technology. Execution Algos enables leverage of computing resources, speed, accuracy to benefit the user. It helps in increasing the consistency of the user and removes the emotions involved in trading. It also makes trading more user friendly and eventually helping ICICIdirect customers.
Yes, a customer can Pause, Stop and Start the Execution Algos placed.
Reference price is the Bid/ Ask price at which the last order was triggered by algo to the exchange. We monitor the rise/ fall wrt this reference price to compute the Trigger Price. Thus, neither the reference price or the trigger price will be equal to the LTP, it reflects the bid/ ask price at that point in time.
When the trigger is based on bid/ ask, it saves significant slippage costs that might occur in case of triggers based on LTP.
Please note that as per the regulatory guidelines, now all execution algos will be converting IOC Market orders to IOC Limit Orders. This change is introduced to reduce the risk of orders being executed at prices far from the Last Traded Price (LTP).