Algo-trading has become the driving force behind stock market trading, symbolizing the latest advancements adopted by leading retail and institutional traders. In India, the number of traders using algo-trading may be low, yet algorithm-based trades constitute roughly 60% of the trading volume in the country. The global average for this number is even higher, at around 70-80%.
SmartAPI is a set of APIs provided by Angel One, facilitating the development of algorithmic and programmatic trading applications that leverage real-time market data and advanced trading functionalities.
At Angel One, we understand the importance of staying ahead in this dynamic market. That’s why we are thrilled to announce the enhanced capabilities of our powerful SmartAPI platform!
The latest enhancements are designed to improve your trading experience in the following ways –
Algo trading, or algorithmic trading, refers to the use of computer programs to automate trading decisions. It involves the use of pre-defined rules and statistical models to analyze market data, identify trading opportunities, and execute trades. Algo trading eliminates human emotions and biases from the trading process, allowing traders to execute trades at lightning speed and seize profitable opportunities.
The beauty of algo-trading is that your human limitations no longer restrict the potential outcome of your personal trading strategy. Instead of taking the time and effort to execute every piece of a complex strategy by yourself on a regular basis, you can focus on the most crucial part of the exercise, i.e. building and refining the strategy itself.
With all the delays and missed opportunities, manual trading simply cannot keep up with the elite efficiency of algo-trading any longer. So take your first step towards algo-trading and start learning more about the SmartAPI platform.
Upgrade your trading game with Angel One’s SmartAPI – experience lightning-fast order placement, efficient order modification, and real-time data access. Our dedicated team provides comprehensive resources and expert guidance to ensure your success. Unlock SmartAPI’s power today and elevate your trading journey. Visit our website or join our forum for further discussions.
We're Live on WhatsApp! Join our channel for market insights & updates