Python-Powered ETF Trading: Unleashing Algorithmic Trading Strategies
The financial market has undergone several changes in recent years with algorithmic trading. It allows traders to carry out instructions embedded in algorithmic strategies effectively and precisely. This research paper focuses on different methods and applications of algorithmic trading for exchange-traded funds for the Indian market. This paper explores the implementation and design of algorithmic trading strategies, with a focus on maximizing portfolio performance, minimizing slippage, and optimizing trade execution. In addition, several online trading platforms encourage traders to employ automated systems by offering them interfaces, technical assistance, and the ability to integrate third-party tools and software with their trading platforms. Algorithmic trading and its effectiveness and profitability are evaluated using historical ETF data for analysis and back-testing. This paper also highlights different aspects and features encountered for algorithmic trading in Indian markets and provides details about creating trading algorithms using Python for ETF.
Authors
- Vikas T. Humbe (ORCID: https://orcid.org/0000-0002-6503-424X)
- Somnath Hase
Institutions
- Swami Ramanand Teerth Marathwada University (IN)
- SRM University (IN)
Publication Details
- Published
- 2024-11-21
- DOI
- https://doi.org/10.1109/delcon64804.2024.10866662
- Primary Topic
- Financial Markets and Investment Strategies
- Type
- article
- Field-Weighted Citation Impact
- 0.00