Automatic Trading Application Development

CLIENT REQUIREMENT:

The client required a Trading Application for commodity contracts where the orders will be put into the trading terminal without any human intervention. They required a tool which should accept parameter setting values from user and trigger for the Trading process based on the parameter values.

PROJECT DESCRIPTION

• This is a computer trading program that automatically submits trades to an exchange (MCX-SX). It is High-frequency trading (HFT) software.
• HFT usually uses proprietary trading strategies that are carried out by computers.
• This software follows FIX (Financial Information Exchange) Protocol to submit trades. I.e. a series of messaging specifications for the electronic communication of traderelated messages.
• We get the broadcast data in the form of Ticks from exchange through UDP Socket and communicate with exchange via fix message through fix protocol.
• Based on the different algorithm we generate a Buy, Sell, Stop Loss Buy, and Stop Loss Sell from our software.
• The software has OMS implemented i.e. Order Management System, handling generated order details as well as Traded order details, it also has Risk Management Module implemented to minimize risk factor at Brokerage House end.
• Some Technical Indicator which we have incorporated in the application:
  • RSI (Relative Strength Index)
  • On Balance Volume (OBV)
  • Parabolic SAR
  • Moving Averages
  • Accumulation/Distribution (AD)
  • Average Directional Movement (ADX)
  • Adaptive Moving Average (AMA)
  • Absolute Price Oscillator (APO)
  • Aroon (AR)
  • Aroon Oscillator (ARO)
  • Average True Range (ATR)
  • Many more..Almost all.

TECHNOLOGIES USED

• .NET3.5(C#), ASP.Net
• J-Query, Ajax
• Window Service
• N-Layer , 3-tier

TRADING SOURCE

• Xceed Component Library,
• MCX’s Third part API’s with FIX protocol,
• Exchange Native API,
• Data FEED API provided by Exchange.