Meru Capital is a quant trading firm which creates probabilistic mathematical models by analyzing historical data set and builds algorithms to trade in Indian financial markets.
We have developed various directional, semi-directional and non-directional trading algorithms for Indian equity market that have defined maximum risk. These are a combination of Trend Following and mean reverting Algorithms based on price action to work in most market environment of VOLATILITY.
All our algorithms are 100% automated that are managed through our in-house developed execution engine.
These algorithms are medium frequency trading set ups and
currently trade in derivative market segment in Indian Financial markets.
All our algorithms are 100% automated that are managed through our in-house developed
execution engine.
We provide brokers and fund houses with technical support for algorithmic trading. Trading in algorithms has many advantages.
Algorithmic trading systems minimize emotions throughout the trading process. By keeping emotions in check, traders typically have an easier time sticking to the plan. Emotions is a big factor which make traders lose a lot of money by not cutting their losses in time or by booking lesser profit in fear. Algorithmic trading just takes emotions out of the equation.
Back testing applies trading rules to historical market data to determine the viability of the idea. We can build precise sets of rules and test them on historical data before risking money in live trading. Methodical back testing allows us to evaluate and fine-tune a trading idea, and to determine the system's expectancy – the average amount that we can expect to win/lose as per our risk profile. All our LIVE strategies are back tested over 8 years of data from 2012 to 2019.
Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the outcome.
Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets. Discipline is often lost due to emotional factors such as fear of taking a loss, or the desire to eke out a little more profit from a trade. Automated trading systems allow traders to achieve consistency by trading the plan and not deviate from the plan.
Automated trading systems permit the user to trade multiple accounts or multiple strategies simultaneously. This has the potential to spread risk over various instruments while creating a hedge against losing positions.
If we had infinite time, and the best resources or talent money could buy, then we could do spectacular things with a discretionary approach. With fully automated systems, there’s no need for teams of analysts to monitor price action or market news. You could run multiple strategies, each consuming all the market data it needs to make optimized decisions. This frees you up to discover new markets and new strategies that can diversify your portfolio. Also, complex tasks such as dynamic risk management and position sizing can be done in real-time.
Anurag Grover is a result oriented serial entrepreneur with 25+ years of extensive
experience in complex service delivery within Knowledge Process Outsourcing, P&L
Management, Business Strategy for start-up, expansion, acquisition integration and
entrepreneurship.
Prior to Co-founding Meru Capitals, Anurag was COO for Elevate Services, a global leader
in consulting, technology and services to law departments and law firms, offering
practical ways to improve efficiency, quality and outcomes.
Anurag stays in Gurgaon with his wife and 2 kids.
Saurav has been an investor banker with more than 12 experience with ICICI Bank and Royal
Bank of Scotland. He has worked in capital markets across all areas including currencies,
equities, forex and rate markets and for different kind of needs like balance sheet
management, risk protection, hedging, funding and capital raising.
Saurav is Gold Medalist from XLRI Jamshedpur, after which he joined ICICI Bank Treasury team
in its Derivatives Research Group. He has been part of Treasury desks at ICICI Bank, ABN
AMRO Bank and Royal Bank of Scotland.
In 2016, he started out as an independent proprietary algotrader which eventually morphed
into Meru Capitals.
Saurav stays at Gurgaon with wife, and one kid.
Currently working as Co-founder in Meru Capitals, an Also trading company managing more than
350 cr+ capital. We uses high speed algorithms to trade financial markets in India. We
follow a stringent process of deploying algorithms to trade in the market, backed by
exhaustive research and monitoring on a daily basis.
In my previous roles, I have experience of working in Legal service Industry, IT and Finance
Industry, Experienced Manager with hands-on knowledge in Agile and DevOps practices and have
led cross-functional geographically distributed teams for multiple small-to-complex level
engagements.
Strong professional graduated from Punjab Engineering College, Chandigarh
In my free time, I enjoy researching Stocks, solve Sudoku, play Chess with my son.