Sunday 24 April 2011

What is "Odin" Application Program ???


"ODIN" 

OVERVIEW 

In My office Odin is the Programm used for Trading 
Let Me Give you a brief information about the application program  "ODIN" 
It is a special trading application which facilitates Auto Execution in computer helpful for the users who trade in stock market  (It is used by the brokers ,He is a buyer sellers for the shares in the stock market reaches an agreement as to term the price of a trade & order 
to buy or sell a security is completed) its trade based on selected strategies.


"ODIN" 

This Program look like this on the screen of the brokers computer as below shown 



It is future or calender spread sheet in various Exchange Like 
Multi Commodity Exchange (MCX)
Stock Exchanges also caters Segments Like 
Commodities ,
Currency,
Equities 
Derivatives 
This application has built in search for opportunities in market  as per defined by the user of this application.


FEATURES:


1.User has a  specific option in the application whether he wants to reverse the opted transaction after being forwarded or Vice Versa 
2.Various colored boxes blink Like red Blue at the time of the market is on live during the day .
3.User can Specify the tick size  in which order he wants to modify 
4.User also has weighted average calculation of price  spread available at the touch line of the application 
5.User also has the option to activate the square of mode with a timer 
6.the square off Mode can be switched off automatically as it has inbuilt timer mode which switched off at the end of the trading day.
7.Various Bidding strategies can be applied through the inbuilt model of the application which is helpful across the tracks of selected stocks/contracts.




BENIFITS 

  • It enables automatic calculation
  • It helps in execution of complex spread strategies within any intervention of human intermission
  • It helps in execution of proprietary trades on behalf of their clients 
  • Odin user /members can run multiple screen of application for trading 
  • It performs predetermined parameters on continual and relative basis 
  • It eliminates the losses if arises
  • Its handles actions which are to be performed manually   


DEMERITS

  • Some application Like Odin diet 9.015 has issues in getting connected error 
  • Getting Connected to the server data card  in Windows 7
  • This issue is cause of the way windows 7 handles the datacard
  • We can use ODIN with standard network connections
  • Like Wireless LAN / DSL connections
  • Currently there is no such new solution for this application for the working in windows 7 unless and until the vendors don't come up with a solution are the only demerits of the application for the trading







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