Headquartered in financial capital Mumbai with our branch office in India’s next Tech Hub Pune, Greeksoft has been a pioneer in offering algorithmic trading solution in INDIA. Greeksoft is a major and prominent player for algorithmic solution niche in INDIA.
Greeksoft Technologies is an algorithm development and consulting firm specializing in low latency, high frequency, algorithmic trade execution, order routing and front end solution provider. Besides Front end trading solutions, we also specialize in risk management tools that help your firm to get insights on their trading risks in exchange-traded derivative instruments.
At Greeksoft, we understand the importance of accuracy, precision and speed while trade execution. Our low latency front end combined with distinctive as well as competent algorithmic strategies ensures best trade executions and order management.
We have been the favoured choice of industry biggies like Kotak Securities, Motilal Oswal Securities Ltd, Sharekhan, among others. Powerful, sturdy, and amazingly user-friendly, our tools are easy to operate and do not require rigorous training to master. Each of them is multi-exchange compatible and powered by the latest technology in the business. Our software packages are cost-effective and quality efficient as well. Post implementation, we provide you with backup support and continuously upgrade our packages, in accordance to industry needs.
Mr. Ajit Hakani - MD & CTO
Mr. Hitesh Hakani – Director & CEO
Our dedicated team of experts is ever-ready to provide support for your queries and concerns. They are trained to truly listen to you, and then respond. Keeping the response time as minimal as possible, we ensure that your time is utilized in getting a solution and not waiting in the response queue. Helpful, courteous, and knowledgeable, the team is there to support you anytime, anywhere; worldwide. After all, you - the customer, is the king, and we don't want you to ever forget that.
The human factor is a fundamental aspect of our business. According to the unwritten IT law, the quality of the product is only as good as the team that produced it. That is why Greeksoft’s capital asset is our developer’s team of united, like-minded professionals. Our team consists of experienced professionals who are employed on a full-time basis. They are young, mentally nimble and well-versed in the latest technologies. Thanks to the high value placed on education; each member of our team is not just a coder, but a highly educated professional who has comprehensive knowledge and experience in all stages of the software development life cycle process.
Our Testers are active from the early stages of developing a new feature. They work closely with developers of their areas and are the first ones to look at the feature in progress – long before it goes into a release or reaches the alpha group. The main task of a tester is to become familiar with the new features, consider related risks and provide comprehensive feedback such as suggestions for improved workflows, discovered bugs and comments on learnability etc. Their job is to provide an evaluation of the quality that will help to make the call whether the feature is ready to be included into a release or not.
Sales & Marketing
Each member of the Greeksoft’s Sales & Marketing team holds themselves to the highest standards of integrity, focus and professionalism.
Our core values are:
Stock traders cracking fast against pre-written software codes.
MUMBAI: A decade ago, the demise of the open outcry system shifted action from noisy trading floors of stock exchanges to air conditioned dealing rooms of brokerages. Today stock trading is in the throes of the next big change. Professional day traders, hired by brokerage houses on a profit sharing basis, are slowly losing out to pre-written software codes, which does the same functions at a speed that is humanly impossible.Instead of providing office infrastructure to a dozen 'jobbers' (as day traders are known in market parlance), a brokerage can now do with two CDs containing pre-written trading strategies, and two people to oversee the execution. Not only does it save costs for the brokerage firm, but also improves the chances of making profits, as software codes are faster and efficient.....Learn More
How Indian stock markets escaped Tuesday's leap second curse
There was no impact of ‘leap second’ on Indian trading systems, as exchanges added an extra second before the opening of market hours. The leap second had made markets like in the US, Australia, Japan and parts of Asia uneasy, as the extra second was to be added during trading hours, or at the start of market hours. “The leap second event is scheduled to happen in India at 05:30 hours (IST). As the Indian securities markets are closed at that time, we do not envisage a major impact on the Indian Equity trading and allied systems on account of this event,” said the BSE in its response to an email query. “The leap second would be added in the night and as our trading system is synced to atomic time clock, we do not need to do anything as such. It’s taken care of automatically,” said the NSE in its response.....Learn More
Sebi may push for slower algo trading
The Securities and Exchange Board of India (Sebi) is working on rules to regulate algorithmic trading effectively. According to two sources familiar with the matter, among the points under consideration are means to slow down the pace of trading through introduction of measures, including a minimum resting time for orders before execution, and randomising the time priority of orders an exchange receives. Algorithmic trading refers to the use of electronic systems, which can potentially execute thousands of orders on the stock exchange in less than a second. The regulator has been holding discussions on rules which could help create a more level playing field for non-algo players too, by placing some restrictions on how fast algorithms can trade in India.....Learn More
Sebi looking at ways to limit algo trading, co-location benefits
The Securities and Exchange Board of India (Sebi) is looking at ways to limit the advantages of co-location and high-frequency trading (HFT), according to two people familiar with the developments. Discussions to create a level-playing field for those not using algorithmic trading (algo trading), which have been going on for more than a year now, could lead to the regulator introducing ‘non-disruptive restrictions’ on such trading. This would mean that while Sebi’s actions may not clamp down on algo trading, it would try and restore some level of parity between those who use such trading technologies and those who don’t.This would mean that while Sebi’s actions may not clamp down on algo trading, it would try and restore some level of parity between those who use such trading technologies.....Learn More
Tech, compliance costs push brokers to exit door
India’s stock markets continue to witness the exodus of brokers and sub-brokers despite rising turnover and higher stock prices, as cutting-edge technologies and costlier compliance drive many smaller firms out of business. According to the latest monthly bulletin from the Securities and Exchange Board of India (Sebi), 203 brokers and 4,540 sub-brokers have closed shop since January while the benchmark S&P BSE Sensex gained 20% during the period. There has been a marginal fall in the number of registered brokers in the equity derivatives segment as well. To be sure, the number of registered brokers and sub-brokers fell last year too, when the Sensex gained nearly 9%. According to Sebi data, the number of brokers and sub-brokers fell by 714 and 16,549 respectively in 2013.....Learn More