Outlook India: Technology Trends that will Redefine the Future of
Finance by uTrade
30 August 2021
Companies are innovating to bring advanced analytics, real-time
monitoring to the evolving landscape of fintech Technology and
finance have always been intertwined, from the invention of the
abacus to make financial calculations easier, to the super
computers that are used to drive complex financial models today.
How fintech industry can prepare itself before third wave of COVID
hits?
29 June 2021 | CNBC TV 18
As India’s devastating second COVID-19 wave recedes, health and
policy experts have called for heightened preparation to prevent a
possible third wave.
Mumbai: India's capital market regulator said on Friday it was
considering tightening rules for algorithmic trading, citing
concerns about fair access to markets.
Sebi proposes ways to slow down high frequency trading
August 2016 | LiveMint
Mumbai: The Securities and Exchange Board of India (Sebi) has
proposed seven new ways to level the playing field between those
using high frequency trading (HFT) systems and regular market
users. In a discussion paper released on Friday, the capital
market regulator said it is “examining various options to allay
the fear and concern of unfair and inequitable access to the
trading systems of exchanges”.
On August 5, Sebi released a discussion paper to tighten
regulations on algo trading to ensure fair play and has sought
public comments by August 31. ET explains the importance of algo
trading and the impact if the measures are implemented.
uTrade interview on CNBC around how HFT benefits retail investors
August 2016 | CNBC Money Control
Today when a retail investor goes to the market, buys share, gets
done within a second. It is not by magic. It is by technology
behind the depth that is provided by algo and HFT players and they
are there for a reason to help match the prices across different
investors and help provide the tighter spreads.
India’s steps to regulate algorithmic trading may hurt liquidity
August 2016 | Nikkei Asian Review
MUMBAI (NewsRise) -- India's capital markets regulator recently
proposed measures to tighten regulations on algorithmic trading to
ensure equal and fair access to all market participants, but
traders are concerned the steps may pose a threat to prevalent
liquidity available on the exchanges.
Algo trades set to surge in India, match developed markets
June 2016 | ET Markets
MUMBAI: With Sebi looking at stricter norms to regulate
high-frequency trades (HFT), leading algo trading system providers
say the usage of this technology is set to surge in the country
and be at par with developed economies.
Chandigarh–based start-up uTrade Solutions, which sells data
analytics, trading platforms and algorithms, has launched a
product that allows stock exchange trades to be cleared and
settled instantaneously.
What Will Make Startup India Truly ‘Stand Up And Be Counted
May 2016 | Inc 42
What a year 2016 is turning out to be from the viewpoint of
India’s Startup ecosystem! The year got off to a ‘Big-Bang’ start
with the Prime Minister outlining the Startup India Action Plan,
indicative of the significance his government has ascribed to
startups as job creators and growth stimulators.
Fintech Asia interviews Kunal Nandwani, CEO of uTrade Solutions
March 2016 | Fine Tech Asia
Kunal Nandwani is the co-founder and CEO of uTrade Solutions, an
India-based fintech startup kick-started in 2011. uTrade is an
open source trading platform available both on desktop and mobile,
for retail brokers, algorithmic trading software for institutions
and proprietary traders.
Demystifying Blockchain: A Potential Catalyst For New Age
Financial Markets
February 2016 | BW BusinessWorld
December 30 last year was a red letter day for people in the
business of financial technologies. As much as most of us were
preparing to usher in the new year with pomp and celebrations, it
was a day that marked the dawn of a new era and a 'seminal moment'
as Bob Greifeld, CEO of Nasdaq,..
UTrade ships blockchain settlement system for Indian capital
markets
15 June, 2016 | Finextra
uClear is India's first blockchain technology driven solution that
will enable real time clearing and settlement of contracts across
the cash and derivatives segments of the financial markets. The
first stage of adoption will be led by the Over-the-Counter (OTC)
segments without existing central clearing infrastructure such as
foreign exchange (FX) and the fixed income securities markets.
Demystifying Blockchain: A potential catalyst for New Age
Financial Markets
19 Feburary, 2016 | Business World
While a lot of regulatory skepticism does exist on the future of
crypto currencies like the Bitcoin, the future of the technology
powering it is sure to find greater acceptance.
Why participants in the Indian financial market need to adopt
secondary risk management systems?
06 November, 2015 | Business Insider
As much as Algorithmic-based programmed trading can be a boon, in
terms of increasing the probability of greater profits, the
collateral damage that it can unleash, if implemented without a
proper risk management apparatus, can be quite catastrophic.
Back-testing of algos soon to become norm at exchanges
19 October, 2015 | Business Standard
"We believe that the back-testing framework is a useful mechanism
to stress test trading algos against extreme events like abrupt
market movements, and the outputs can be used to refine the algos
so as to avoid errors in live trading, making markets a safer
place," said Kunal Nandwani, Chief Executive Officer, uTrade
Solutions.
Automated trading impacts markets positively by bringing in
greater liquidity, efficient price discovery, efficient order
execution due to greater objectivity than human emotion, reduced
scope for human errors and most importantly - lesser information
leakage.
Why Open Source is a game changer for Financial Technology
Industry
11 June, 2015 | ERP Insights
Open Source software has taken the world by storm over the last
two decades or so. ` The article explains why and how Open Source
Technology will change the future of Financial Technology
industry.
Why Open Source is a game changer for Financial Technology
Industry
29 May, 2015 | Dataquest
Open Source software has taken the world by storm over the last
two decades or so. The article explains why and how Open Source
Technology will change the future of Financial Technology
industry.
Fintech will continue to grow and stay in headlines, but it will
be far from the full disruption. I do not see a google or facebook
dominating the fintech yet. It will continue to be highly
fragmented with various small'ish leaders driving the disruptions.
Higher VC capital getting allocated to Fintech shall lead to some
key leaders emerge by the end of this decade.
Why algorithmic trading must not be blamed for market crashes?
07 May, 2015 | Dataquest
Kunal Nandwani, CEO & Founder, uTrade Solutions demystifies some
of the common myths associated with algorithmic trading, and tells
us why the recent Sensex fall of 723 points was not due to
algorithmic trading.
uTrade Solutions features in 2014 Red Herring Asia top 100
technology companies
24 August, 2014 | Red Herring
uTrade Solutions, India's based global financial technology
company has been selected for Red Herring's Top 100 Asia award, a
prestigious list honoring the year's most promising private
technology ventures from the Asian business region.
Kunal Nandwani from uTrade Solutions, explaining why Open Source
for capital markets technologies is the way forward; at London
Fintech Innovation Labs final investor / Media Day 26th March
2014.
Enabling smarter and faster trading is the motto of the
one-year-old company uTrade Solutions. Kunal Nandwani, 32, who
founded the company with three friends - Ashish Grover, Harwinder
Sidhu and Mayank Mathur - says they provide faster, smarter and
more efficient trading solutions to brokers, banks and investors.
"We analyse the trading process for information access, trading
decisions and post-trade analytics. Our unique trading and
technology experience helps us build smarter and futuristic
trading platforms,"Nandwani said.
This is to inform all the trading members that the Exchange has
on-boarded a new vendor M/s uTrade Solutions Pvt. Ltd. in the Algo
software vendor category under Technology Programme with effect
from 1st September 2013. uTrade will provide algo ids for
Bidding/Market Making, and various other algorithms.