India geared for Algorithmic Trading

by Adil Siddiqui
  • India's automated trading environment is growing rapidly. The bulk of volumes have been in top 50 stocks including Bharti Airtel, Reliance and Tata Consultancy Services. Volumes are estimated at around 18% with large institutional investors making up most of he transactions. India's markets are gradually developing infrastructure to compete with major financial hubs like Singapore where algorithmic trading makes up around 60% of daily volumes in equity markets.
India geared for Algorithmic Trading

India's automated trading environment is growing rapidly. The bulk of volumes have been in top 50 stocks including Bharti Airtel, Reliance and Tata Consultancy Services. Volumes are estimated at around 18% with large institutional investors making up most of he transactions. India's markets are gradually developing infrastructure to compete with major financial hubs like Singapore where algorithmic trading makes up around 60% of daily volumes in equity markets.

United Stock Exchange, India's latest equity, commodity and currency bourse has gone live with Omnesys Technologies' a specialist in the field of automated trading with their NEST platform.

Algorithmic trading is heavily used by arb traders, e.g Gold traders can trade on prices quotes on MCX and counter trade on NCDEX.

Currency futures have also gained with daily trading volumes reaching 10%.

Indian financial markets have been a key spot for overseas investors with FII's holding $147bn worth of equities and make up 10 to 15% of equity volumes.

Domestic markets are trying to make financial trading products more attractive for retail investors. India's 17 million retail traders (number of registered Demat accounts) are still attracted to global FX and commodity markets. Low margins, advanced online trading platforms, automated trading, easy deposits and 24/5 markets mean there is more opportunity and Liquidity to benefit from.

Forexmagnates team has complied an in-depth study of the current state of FX in India in the Retail Forex Industry Report. It covers crucial topics including the; history, whats gone wrong, whats gone right and most importantly opportunities to capture this massive market.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

India's automated trading environment is growing rapidly. The bulk of volumes have been in top 50 stocks including Bharti Airtel, Reliance and Tata Consultancy Services. Volumes are estimated at around 18% with large institutional investors making up most of he transactions. India's markets are gradually developing infrastructure to compete with major financial hubs like Singapore where algorithmic trading makes up around 60% of daily volumes in equity markets.

United Stock Exchange, India's latest equity, commodity and currency bourse has gone live with Omnesys Technologies' a specialist in the field of automated trading with their NEST platform.

Algorithmic trading is heavily used by arb traders, e.g Gold traders can trade on prices quotes on MCX and counter trade on NCDEX.

Currency futures have also gained with daily trading volumes reaching 10%.

Indian financial markets have been a key spot for overseas investors with FII's holding $147bn worth of equities and make up 10 to 15% of equity volumes.

Domestic markets are trying to make financial trading products more attractive for retail investors. India's 17 million retail traders (number of registered Demat accounts) are still attracted to global FX and commodity markets. Low margins, advanced online trading platforms, automated trading, easy deposits and 24/5 markets mean there is more opportunity and Liquidity to benefit from.

Forexmagnates team has complied an in-depth study of the current state of FX in India in the Retail Forex Industry Report. It covers crucial topics including the; history, whats gone wrong, whats gone right and most importantly opportunities to capture this massive market.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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