Omnesys Technologies Pvt Ltd (Omnesys), a leading provider of Order Management Systems and an Algorithmic trading platform provider has entered into a partnership with IndianVolatility.com to provide trading calls to Option Traders as a subscription based service. IndianVolatility.com is a product from Vomma Technologies Pvt. Ltd. Mumbai, specifically targeted towards Options Traders in India.
Omnesys, through its market leading trading platform 'NEST Plus', would provide a new subscription service to its customers, wherein they will receive daily Trading calls from IndianVolatility.com. The traders will receive daily trading ideas for trading 1-leg, 2-leg and 3-leg option strategies on index and stock options traded on NSE. These trading ideas will be provided by IndianVolatility.com based on their proprietary algorithm that scans the whole NSE derivative segment and identifies profitable trading opportunities for traders' consideration.
Announcing the partnership, Mr Shrikant Pandit, Managing Director of Omnesys said: "Omnesys believes in continuous innovation to constantly provide value added services to our customers. Our partnership with IndianVolatility.com is yet another step in that direction."
"Option trading has seen more than 22% jump in volume in FY12. There is visible scarcity of quality and quantity of research in options segment as compared to abundance of trade ideas for other segments" said Mr. Athul Kudva, Director of Omnesys. "The partnership with IndianVolatility.com will help Omnesys 'NEST Plus' users take advantage of this trend."
'Omnesys Nest Plus' is the premium version of 'Omnesys NEST' with a lot of additional features. Omnesys' trading system 'OMNESYS NEST' is used by top institutions to access various stock and commodity exchanges. Omnesys provides market data and connectivity solutions to both buy-side and sell-side firms. The trading system is available either as a broker hosted solution or a 'Software as a Service' (SaS) solution. Using Nest Plus, the trader can subscribe to variety of value added services, technical calls, charts, news, TV and broker calls on the trading terminal itself and then use this information to make informed trading decisions.
"Our proprietary algorithm combines technical analysis, statistical analysis, F&O cues and Indianvolatility.com database to generate profitable trading ideas. Currently there is no structured options research product available in market that helps average trader handle volatility with ease and that is where IndianVolatility.com is unique and well positioned for current market scenario" said Akhil Bansal, Founder of IndianVolatility.com. "Partnership with Omnesys will help us bring our research to the fingertips of traders."