Executing a trade consumes a significant amount of a trader's time. They have to repeat the same steps thrice:
- On a chat or call
- On an exchange
- On a treasury management software
This redundancy consumes valuable trading time and increases the chances of manual errors, leading to inefficiencies in the workflow.
Harmoney's Solution: Exchange Integration with NSE and BSE
Harmoney tackles inefficiencies in trading by offering seamless two-way integration with NSE and BSE, eliminating the need for multiple log-ins with the exchanges. Traders can manage quotes and execute trades that flow directly to the exchange from a single screen.
Benefits of exchange integration:
This integration, the culmination of a year-long effort working with the exchanges, significantly reduces the operational burden for traders. Here's how:
- Receive real-time quotes from NSE and BSE
- Initiate and hit quotes on RFQ from our single-screen
- Propose and accept consideration
Here's how the integration with exchanges has elevated the trading experience for Harmoney's clients:
“Harmoney is an excellent platform that we use daily. It provides handy details of all the instruments and also acts as a reporting platform for us. The platform has been very helpful in the execution of RFQ trades and is well-structured when it comes to RFQ reporting. Compared to reporting on exchanges, Harmoney has reduced the number of steps and helped us reduce time.”
- Sumedh Lambhade, Senior Manager, Batlivala & Karani Securities
Elevate Your Trading Experience With Harmoney
Improving efficiency enables seamless trading, helping traders make faster decisions and capture more opportunities. With its exchange integration, single-screen solution, and automated processes, Harmoney significantly reduces operational hassles, allowing traders to focus on trading.
Get in touch with your Relationship Manager or contact us for any questions at sales@harmoney.in