Technology

Get Online and Mobile Trading Platforms with uTrade

Technology has revolutionized the financial sectors too. In this sector, uTrade Solutions is one such leading financial technology company headquartered in Chandigarh, India providing open source online and mobile trading platforms for retail brokers, algorithmic trading software for institutions and proprietary traders along with comprehensive risk management solutions.

uTrade solutions was conceptualized and brought into existence by Mr. Kunal Nandwani and fellow co-founders (Mr. Harwinder Sidhu – VP Open Source Products and Mr. Ashish Grover – CTO) to revolutionize the way trading is done in developing markets like India through innovative low latency multi-asset trading platforms that ensure better price discovery, market liquidity and increase order execution efficiency.

uTrade provides global market access to over 50 financial institutions in over 10 countries, facilitating  over $10 billion worth of trades on a daily basis. It offers the lowest latency of trade execution – 10 micro seconds and has been empanelled with Indian exchanges such as BSE and facilitating GREX – a Stock exchange for unlisted startups; besides a host of broking firms as clients such as MotilalOswal, Edelweiss Capital and SMC global.

The company has filed for 6 patents in India and 1 patent each in US and UK to lead innovation in the trading life cycle. In 2013-2014, uTrade was recognized as a leading innovative fin-tech start-up by FinTech Innovation Lab (London), Red Herring Asia and Confederation of Indian Industry (CII).

uTrade is of the belief that technologies that power financial markets in India (Capital, Commodity and Forex) are on the verge of obsolescence when compared to their global peers. Legacy systems are not just expensive, but find it challenging to scale-up and measure up to the constantly evolving needs of market participants – primarily on the institutional side.

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