introduction:
OpixTech is a financial market technological innovation. Recently, the corporation released new financial technology services.
Victoria in Seychelles OpixTech, a digital company in the financial industry. It has recently expanded by launching new and innovative financial technology services.
OpixTech financial features:
OpixTech is developing new financial features and working in the direction of digital technology. The newly launched fintech services enable modernized financial forms to integrate into the sector and become a vital force for the actual economy’s quality development. OpixTech’s fintech services aim to shift the financial sector’s paradigm.
Additionally, OpixTech has increased its attention on global trade after this year’s COVID-19 pandemic recovery. With the support of OpixTech, more retail traders will be able to accept and use fintech technology. OpixTech’s services also expand its service regions globally and strengthen its foothold in Southeast Asia.
Opix Algo and Opix Trade:
Opixtech’s two main companies are Opix Algo and Opix Trade. Both businesses provide as online trading platforms as well as algorithm trading. Its retail client base has grown significantly in the years since the COVID-19 epidemic, owing to an increase in individual investors trading on worldwide exchange markets. Another factor for the increase is a significant increase in retail investors choosing low-risk and prudent financial management. Its newly expanded technology connects retail investors to institutional investors, allowing them to reap the benefits of fintech.
Opix Algo and Opix Trade online role:
Opix Trade and Opix Algo perform their respective roles as online derivatives trading and information platforms as a result. The knowledge gap between retail and institutional investors has been closed thanks to these two fintech products. Retail investors can now select financial instruments that are more similar to those available to institutional investors. The main objective, according to Joseph Culter, is to concentrate on developing fintech services, building a more focused investment service and data platform, and making fintech services available to more customers globally.
Front Running:
Since the commencement of trading, the term “Front Running” has been used. This means you’re attempting to trade before a large order is due to hit the market and then waiting for the market to move up to profit a few ticks. All you have to do is identify the intentions of these lengthy and short positions, and when you see a large order entering the market, buy/sell it quickly and the price goes up/down by at least 2 or 3 pips after the large order enters the market, so you can identify it and enter before the order appears. This trade has almost little risk.
How does market depth work?
Market depth data is constantly updated to reflect the current bid and ask prices in order to accurately reflect the situation of the market. On the majority of contemporary trading systems, traders can see pending orders from buyers and sellers. It shows the “Bid and Ask” on the opposing side of the market in addition to the best “Bid and Ask” to make. The trader might profit from all of this information because it not only shows where the price is at the moment but also where it is likely to go in the near future.
Depth information:
This is where the market’s detail is so powerful that one can see very clearly where liquidity exists, where availability has ceased to exist, where large orders are being traded in real time, stop orders, false orders, absorption behaviour, passive traders, aggressive traders, and we can see who they are “dumping” to. You may utilize this knowledge to your advantage by detecting these purchasing and selling intentions, as there is a lot of information about the depth of the market that the charts will never offer you.
What do those market makers’ traders see on a daily basis in terms of high-frequency trading, algorithmic trading, and proprietary trading?
“Pending orders, cancelled orders, and actual volume” is the solution.
Market Depth Strategy at OPIX TRADE
Opix Trade helps traders and investors to better estimate future price levels by showing the trading volume of each price module, evaluating the conflict between buyers and sellers, and more. The system includes three tools for volume analysis.
Footprint Chart:
Displays the volume distribution for each quote chart element, which in turn displays the movement of the price module over a predetermined time period.
Volume Profile Chart:
a horizontal chart that displays volume data.
TPO stands for Time Price Opportunity.
Price Distribution Chart:
This section is nearly identical to, or has the same function as, the statistical data set for each element of the quote chart; the price distribution chart shows the volume of each bar as a vertical histogram, but unlike the statistical data, it allows traders to visually analyze the information of each bar not only by shading but also by the shape of the chart.
