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Destimoney deploys Symphony Presto ATS algo trading platform

Will enable the company with automatic execution strategies thus negating human erros, missed opportunities, increased latency

Neha Pandey Deoras  |  Bangalore 

Destimoney, a full service financial services and broking company, today announced the deployment of for Algo trading. The deployment will enable with automatic execution strategies thus negating human errors, missed opportunities and increased latency.

The cutting edge Presto 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 said, "Symphony Fintech's solution allows 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.”

First Published: Mon, March 11 2013. 14:34 IST