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Scale Your Algo-trading to the Next Level with Angel One’s SmartAPI 

Author Published on: July 10, 2023 at 4:35 PM UTC
With lightning-fast order placement, order modification and more, the latest enhancements of SmartAPI, i.e. the programmatic trading APIs by Angel One,  promise to change algo-trading in India forever!
Scale Your Algo-trading to the Next Level with Angel One’s SmartAPI 
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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%.

Introducing SmartAPI

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!

What’s Improved?

The latest enhancements are designed to improve your trading experience in the following ways – 

  1. Lightning-fast order placements, modifications, and cancellations, reducing response times significantly.
  2. Faster access to tradebook, market quotes, and orderbook retrieval, enabling quicker decision-making.
  3. Unparalleled stability and reliability, ensuring a seamless trading experience, even during peak market hour.

What it Means for You?

  1. Lightning-fast response times: We have optimized our APIs to deliver lightning-fast processing, ensuring swift order placements, modifications, and cancellations. Seize opportunities instantly and execute your trading strategies with ease.
  2. Enhanced stability and reliability: Our focus on improving the stability and reliability of SmartAPI means you can trade with confidence, even during periods of high market volatility. Count on a dependable platform to support your trading success.
  3. Scalable for your growth: SmartAPI is designed to accommodate your trading ambitions. Our scalable solutions ensure that increased trade volumes won’t compromise performance. Trade confidently as your trading volume expands.

Why Should You Start Algo-Trading?

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.

Final Words

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. 

 

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