Bigul Unveils New Trading Tools: Execution Algos and Option Pair Strategies

Bigul Unveils New Trading Tools: Execution Algos and Option Pair Strategies

Digital investment platform Bigul has announced the launch of two new trading tools: Execution Algos and Option Pair Strategies. These innovations are designed to enhance trading success rates and reduce client losses by automating and optimizing trading processes.

Execution Algos automates trading decisions using pre-programmed instructions that consider factors such as price, timing, and volume. This algorithmic approach aims to minimize the risks associated with manual trading, such as emotional biases and human errors. According to Bigul, the tool leverages advanced mathematical models to improve both accuracy and efficiency in trade execution. The platform offers traders access to a range of pre-built, market-tested strategy templates, designed to streamline the trading process for both experienced and novice traders.

Bigul emphasizes that these algorithms provide a robust framework for managing various risk profiles, allowing traders to select strategies that align with their personal trading styles, whether conservative or aggressive. The introduction of these tools is expected to boost traders' confidence and effectiveness in navigating financial markets.

Data from Bigul for the period of April to June 2024 reveals that 31% of its clients engaged in derivatives trading, with profitability reported by 26% of married clients and 23% of unmarried clients. These figures surpass the industry average of 10%.

Atul Parakh, CEO of Bigul, remarked on the new offerings: "Our goal is to equip our clients with the knowledge and tools necessary for success in derivatives trading."

Founded in 2022 under Bonanza Portfolio, Bigul continues to expand its suite of trading solutions with a focus on empowering investors through innovative technology.