Ecosystem for options trading in India
AlgoTest is an algorithmic options trading platform for Indian retail traders. For the first time ever, day traders will be able to trade using the same technology as the top hedge funds and high-frequency trading firms of the world. The company is founded by Raghav Malik (Financial Engineering @ Columbia Univ), an HFT technologist and former options market-maker in the US; and Rajat Jaiswal (IIT Delhi CSE), who built their scalable algorithmic testing platform while still in college.
Jobs at AlgoTest
Active Founders
Raghav Malik
Raghav (CEO) started his career as an options market-maker in New York. He then made the shift from trading to technology, building low-latency trading software from the ground up for Indian HFT firms. He holds a bachelor’s degree in Mathematics from University of Waterloo and a Masters degree in Financial Engineering from Columbia University.
Rajat Jaiswal
Rajat Jaiswal is the co-founder, and CTO of AlgoTest, where he along with Raghav strives to empower the Indian retail traders and investors with pioneering tools and technologies for research and execution of their ideas. At AlgoTest, he spearheads all of the engineering efforts to build a scalable and low-latency platform. Rajat graduated from the Indian Institute of Technology Delhi, receiving his bachelor’s and master’s of technology degrees in Computer Science & Engineering.
Company Launches
tl;dr: On AlgoTest, you can test your trading strategies for free and deploy them to the live market, without writing any code 😎😎
We’re Raghav and Rajat, founders at AlgoTest!
The Problem
Over the last 5 years, the number of day traders in India has 💥EXPLODED💥. Last year, more options traded in India’s National Stock Exchange than in all US exchanges combined!
BUT, the tools that these day traders use to trade are nascent, inefficient, and costly.
How do we help?
We’ve built similar tools for institutions like hedge funds and HFT firms before. Our tools are 10x more powerful, and cost a fraction of what retailers currently pay.
Our first tool, a free options backtester with a no-code interface, now comes with a Live Execution Engine.
This means that any strategy you test with our backtester can now be deployed to the live market at the click of a button!
The ASK
If you have a trading account in India, check us out on algotest.in, or give us a shoutout on Twitter.