Social Trading Engine - LTech India

Social Trading Engine - LTech India Social trading is the technique via which online financial investors do rely on user generated financial content which is gathered through various Web 2.0 applications which are major source of information for making financial trading decisions. Social trading provides introduction for a new means of analyzing financial data by providing to ground for copying and comparing trades, strategies and techniques. Prior to the debut of social trading, traders and investors were depending on technical or financial analysis for focusing on theirdecisions of investment. Through social trading traders and investors could integrate into their investment with regards to process of decision for social indicators via trading data-feeds of other traders. Such social trading networks could be considered as one of the subcategory for online social networks.

Social trading focuses on traders to trade online through the help of others and some of them have claimed that it's going to shorten the curve for learning from novice to experienced Forex trader. Traders could communicate with others, watch numerous trades, then duplicate the trades and analysis on that what has prompted the top performer to take the trade in the top position. By copying trades, traders could learn that which strategies do work and which doesn't work.

The Forex Trading is an over the counter market where brokers use various technology and platforms to provide trading to their clients.

Some of them are MT4, cTrader, FIX APIs etc.

The Social Trading engine is a complete solution for offering Social Trading Platform and manages all the copy related functions. The Social Trading Engine offers following

1. A user to register as an expert or a follower.

2. An expert can register to publish trades only for specific symbols.

3. Complete trading statistics for expert traders.

4. A follower can follow multiple expert traders 5. Synchronization of trades in case of disconnections.

6. Different Copy Modes.

7. Option to copy Pending Orders 8. Statistics for copied trades for performance evaluation.

9. Support Partial Close 10. Symbol Configuration 11. Price Adjustments 12. Volume Adjustments 13. Audit of all Modify Trades.

The architecture of the Social trading engine is distributed such that it can connect to multiple trading systems and have master and slaves from different systems. For example, the engine can connect to Mt4, FIX API, MT4 terminal and slave can be from FIX API and master from MT4 terminal. The system is scalable and connect to any number of slaves

and masters as well as various technology. IT can also be extended to include any trading platform or charting tool that is not already included.