SSI Securities sets the standards for brokerage tech solutions
Since its introduction in late 2021, its user base has surged 170%.
The market landscape for equity trading firms spans a diverse clientele, ranging from novice traders to seasoned professionals. Whilst retail traders form a significant portion of their customer base, advanced traders such as institutional clients, fund managers, and professional traders contribute a substantial portion of revenue due to their larger and more frequent trades.
Whilst most equity firms offer FIX connections for their institutional clients, SSI goes the extra mile by catering to professional clients through its brokerage solution, p-Suite, a comprehensive suite of tools designed to enhance their trading experience.
The p-Suite has four core components. First are iExcel and iData. These features are specifically designed for Microsoft Excel, AMIBroker, and MetaTrader platforms, providing real-time streaming of equity and index data and encompassing technical and fundamental insights. These tools empower users to not only access critical market information but also to directly trigger orders on exchanges, ensuring seamless trade execution.
FastConnect is an open API that harnesses the power of the RESTful protocol, offering an SDK for programming languages like C#, Java, and Python. FastConnect not only streams real-time market and historical data but also enables users to manage orders, conduct back-testing, and execute algorithmic trading strategies.
The integration of FastConnect with iAddon within Microsoft Visual Studio Code adds another layer of convenience, allowing traders to code, test, and execute trading programs within a single platform.
Once a trading strategy is developed and refined using iExcel or iData and implemented through FastConnect, QEngine steps in to manage algorithmic trading programs. The flexibility of QEngine enables users to submit their programs for execution and control their performance through the iBoard mobile application, ensuring constant oversight and adaptability.
Finally, SSMI centralises historical data, market behaviour, fundamental and technical analysis, and macro and micro-economic insights. This holistic repository empowers traders with a deep understanding of market dynamics, aiding in well-informed trading decisions.
The undeniable impact of p-Suite is reflected in its resounding success since its introduction in late 2021. SSI's user base has exceeded expectations by a remarkable 170%, surpassing initial goals. Furthermore, the suite's acclaim has extended beyond internal metrics, garnering recognition from industry publications and notable books. SSI's prowess in data-driven algorithmic trading has positioned the company as a pioneer in a rapidly evolving field.
As a testament to SSI's commitment to innovation and excellence, the company's p-Suite initiative has been honoured with the Vietnam Technology Excellence Award for Fintech - Brokerage at the esteemed Asian Technology Excellence Awards 2023. This recognition underscores SSI Securities Corporation's exceptional contribution to the trading industry, setting new standards and revolutionising the way professionals approach trading.
SSI's p-Suite has not only transformed trading practices but has also solidified the company's position as an industry leader. The suite's amalgamation of advanced tools and resources, coupled with a commitment to innovation, positions SSI at the forefront of the trading industry's future.
The Asian Technology Excellence Awards is presented by Asian Business Review. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your company's outstanding retail initiatives, please contact Jane Patiag at [email protected].