BSE Algorithm testing platform on cloud infrastructure

Even as High-Frequency Trading (HFT) volumes increase manifold in both cash equity segment & equity derivatives segment and SEBI remains concerned over its misuse, BSE, Asia's first stock exchange and now the world's fastest stock exchange with a speed of 6 microseconds, attempts to facilitate algo trading to individual investors and traders thus assisting traders to magnify their trading profits.

BSE, in partnership with Symphony Fintech Solutions Pvt Ltd., has migrated its Algorithm Trading test environment to Amazon We Services (Cloud). According to BSE, this will enable the market participants to test their trading algorithms in Equity, Equity Derivatives and Currency derivative segments free of cost. This facility will allow the members to test their trading strategies with live market data feed during  market hours; and historical market data as well. 

Traders will further be excited to know that there is also a provision to generate data analytics reports to check the performance of the strategies. As investors are well aware, SEBI now allows algo trading if the rules laid down by itself are followed by traders. Any trader willing to explore the algo trading benefits simply have to get the algo strategy approved from stock exchange and play the market within rules.

Algo trading though can be profitable depending upon the strategy, which is not sans risk, a fact that any trader should bare in mind.