Symphony Fintech Announces Connectivity with 39 International; Exchange Traders Can Now Trade with Both Indian and International Exchanges from the Same Terminal
Mumbai, India, January 06, 2014 --(PR.com
)-- Symphony Fintech Solutions Pvt Ltd, a provider of Automated Trading Systems, today announced connectivity with 39 International Exchanges across the Americas, EMEA & APAC, including CME, LME, DGCX and SGX.
A Symphony Presto terminal can now be used by Traders to deal in all asset classes traded in the domestic exchanges (NSE, BSE, MCX) and International exchanges seamlessly.
Addresses a common problem that Traders face:
This combined offering addresses a common problem that traders face in India to hedge their positions using asset classes available in the International Exchanges. Symphony's Presto platform can now be used to develop strategies based on fundamental/technical indicators with market-data from multiple exchanges across various asset classes.
One can back-test the strategies after they are developed and paper-trade the strategies and then, deploy the strategies 'live'. The Symphony Presto platform uses industry standard FIX protocol to interface with all exchanges.
Value-add service for many clients:
"Symphony Fintech's turnkey solution allows traders to use a single terminal to trade in markets world-wide," said Mr. Praveen Gupta, CEO, Symphony Fintech. "Symphony’s algo platform will now be used to deploy strategies for multiple exchanges: BSE, NSE (Cash & F&O), MCX domestically in conjunction with CME, LME, DGCX etc. The complete list of supported exchanges will be available on request.”
Founded in 2010, Symphony Fintech is exclusively focused on providing Automated Trading Solutions for the Indian Capital Markets.