❤️ Heart of Algo trading — Tick Data (get Stock Price) and Order Update from PENDING to COMPLETED

 

Why Python for Algo Trading?

• We’ve implemented the overall functions, classes, and variables in Python using object-oriented programming (OOP’s).
• Python, being a high-level language, provides packages that simplify building functions without starting from scratch.

Heart of Algorithmic Trading

Overview of Our Series: Welcome back to our series “Build Algorithmic Trading Execution in Python (HINDI)” focused on the Indian trading environment. This is Part 9 of our series (ATExecution) and the 3rd video dedicated to market feed and tick-by-tick data.

Algorithmic Trading Execution (ATExecution)

📌 Understanding Price and Order Events:

• How brokers and trading venues manage price and order updates.
• The importance of subscribing to stock price and order events, from receiving updates to client acknowledgment.

📌 Key Implementations:

• The role of the trading engine and the interface class (InterfaceFinvasia).
• Explained synchronous (LBLE) vs. asynchronous execution.
• How critical functions for handling price events and order acknowledgments work.

#LBLE : line by Line Execution

Synchronous Programming (line By Line Execution)

📌 Critical Functions in Algorithmic Trading:

1. Price Event Handler — Manages real-time price updates.
2. Order Acknowledgment Handler — Tracks order status changes (Pending, Completed, Rejected).
3. Callback Functions — Ensure smooth communication between the trading application and the trading venue.

Price, Order Event in Trading Broker

📌 Technical Insights:

• Using multithreading to run these functions efficiently.
• How and when to request real-time data in Python .
• The broker’s role in handling order updates and tick prices.

🔹 Client-Server Architecture:

• The entire implementation is based on a client-server model.
• Learn how the trading engine connects to the broker and receives continuous data streams without repeatedly requesting.

Architecture Between Trading Engine and Trading Venue (Client-Server Architecture)

🔹 Why It Matters: Algorithmic trading is more than just coding. It involves understanding operating systems, CPU architecture, networking, and data structures to handle events in real time.

Communication between Trading Engine (Client) and Trading venue (Exchnage and Broker)

📌 Why This Series is for Everyone:

Whether you come from a tech background or not, after watching this series, you’ll gain confidence in extending these features to any broker — be it Zerodha, AngelOne, ICICI Direct, SBI Securities, XTS , Grow, etc or even international brokers like Robinhood and Interactive Brokers.

To learn more, please watch our series on algorithmic trading in Python (in Hindi). This series is beneficial for individuals, firms, and academicians. Don’t forget to like and subscribe to our channel, and if you enjoyed this post, please clap and share your feedback!

Help : Learn python for Algorithmic Trading

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