Market News
2 min read | Updated on October 15, 2024, 17:23 IST
SUMMARY
Upstox, a leading stock broker fintech firm, has launched the TBT Engine after the successful introduction of TBT-powered charts in 2023. The company aims to set new standards for the Indian brokerage industry by providing retail traders with institutional-grade tools to help them make smarter decisions.
Upstox has launched the Tick-by-Tick Engine to empower retail traders
Leading stock broker and one of the top investment platforms in India Upstox has launched the TBT Engine, a suite of features powered by Tick-by-Tick (TBT) data. This will take retail trading to a new level of precision. The TBT Engine is currently available for NSE Cash and F&O segments.
Upstox is looking to redefine market analysis by providing accessibility to advanced trading tools, that were previously available to only institutional traders, to retail investors as well.
Tick-by-Tick data includes information like price, volume, and timestamps for each trade as opposed to data for sample trades. This ensures that no data point is missed, ensuring accuracy in pattern recognition and price triggers.
The TBT Engine provides retail traders with real-time insights through features like Order Flow Insights, enabling their access to live market positions of their limit orders and in-depth order tracking. It also offers a 30-level Market Depth view, helping traders find opportunities in fast-moving Futures and Options (F&O) markets.
Additionally, the Demand and Supply Zones feature equips traders with critical data on price levels with important buying and selling interests, enabling informed decision-making.
Addressing the common issue of missed Good-Till-Triggered (GTT) orders, Upstox also offers the GTT Trigger Engine, powered by TBT data for precise execution.
To ensure transparency, the Trade Price Checker allows traders to verify order accuracy and build trust in their transactions. The TBT Engine tools establish new industry standards by bringing retail traders closer to institutional-grade technology.
By giving retail investors the data and insights they need to make smarter and more informed decisions, Upstox is setting a new benchmark in India’s brokerage industry.
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