Comment on algoZ- a simple example

Nithin Kamath commented on 22 Jan 2014, 12:23 PM

1. No you can’t use NEST plus on VSAT.

2. What you can do is use order type as MIS for all the orders, they all get squared from our side anyways at 3.20 pm.

3. yes, you can, as a retail client, you get a semi automated version where you will have to click yes/no before the order is sent to the exchange. If you want to automate, you will need to become an authorized person on NSE, be NCFM certified, get your strategy approved, one time cost of Rs 3000/segment/exchange and monthly running cost of minimum around 4k, and can go up based on how many strategies you are running.

4. Yes, you can

5. You can’t presently write a code for deciding position size, but you can prefix the order size before taking a strategy live.

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