Destimoney, a full service financial services and broking company, today announced the deployment of Symphony Presto ATS for Algo trading. The deployment will enable Destimoney with automatic execution strategies thus negating human errors, missed opportunities and increased latency.
The cutting edge Presto Algo trading platform will limit human intervention and help power traders to automate their algos. Symphony's Presto platform can be used to develop trading strategies based on fundamental and technical indicators with live (Intra-day) or historical-data. One can back-test the strategies after they are developed and paper-trade the strategies. These strategies can be made available to in-house traders, active-traders, retail investors and high net-worth investors.
Anand Maliwal, Chief Technology Officer at Destimoney said, "Symphony Fintech's solution allows Destimoney to offer value-added services to its client. Symphony's algo platform will be used by our Analysts & Researchers to roll out our Algos for our customers.”