Tapan Samangadkar

DevOps Engineer

Mumbai, Maharashtra, India7 yrs experience

Highly Stable

Key Highlights

Proven track record in trading strategy development.
Expertise in automated trading systems and compliance.
Strong mathematical foundation from a top-tier university.

Stackforce AI infers this person is a Fintech professional specializing in algorithmic trading and quantitative analysis.

Contact

Skills

Core Skills

Algorithmic TradingTrading SystemsQuantitative Research

Other Skills

AlgorithmsAudit trailAutomated Trading System DevelopmentAutomated tradingAutomated trading systemsBacktestingC#C++Capital MarketsComputer ScienceData AnalysisData MiningData StructuresEmergency control featuresMarket Data

About

Industry professional with 6 years of solid experience with Trading Strategy Development, Trading Infra Development, spanning Futures and Options Asset Classes, for exchanges like CME group, ICE, NSE, BSE. Code Ownership for most of my professional projects so far with proven track record of seeing Greenfield projects to live deployment. I have a solid educational background, having graduated from BITS Pilani with a Masters in Mathematics and degree in Computer Science (Tier 1 STEM university).

Experience

Marwadi chandarana intermediaries brokers pvt ltd

Associate Infra Developer (Trading)

Sep 2024 – Present · 1 yr 6 mos · Mumbai, Maharashtra, India · On-site

Working on the Options desk in-house platform build out for NSE and BSE, through Native back-end application built in C++ 17 with a C++ based front-end GUI to deploy rule-based strategies and bespoke option trading strategies on TBT data, running on co-location.
Built the primary application layer related to Order Management System and Market Feed handlers.
Integrated Exchange Compliance requirements related to Audit trail of orders, emergency control features like Stop all, Panic withdrawal, advanced software features like application recovery in event of crash, and client authorisation before accepting order actions etc.

C++Order Management SystemMarket Feed handlersAudit trailEmergency control featuresAlgorithmic Trading+1

Alpha alternatives

Programming Associate - EQAR

Aug 2023 – Aug 2024 · 1 yr · Mumbai, Maharashtra, India · Hybrid

1. Working on the NSE index options desk, to design and develop an in-house trading platform, to scale current option strategies and option volume, through fully automated algos and semi-automation for discretionary traders of the desk.
2. Contributed to build a C# native application platform to interface with web-socket based dealer API of Edelweiss, and front-end designed in Windows Forms, with the goal of pushing higher volumes through API, with complete visibility on risk side.

C#Web-socket APIWindows FormsAutomated tradingAlgorithmic TradingTrading Systems

Futures first

3 roles

Quant and Algo Developer

Jan 2020 – Aug 2023 · 3 yrs 7 mos

1. Working as a front-desk quant, and handling complete life-cycle of Automated Trading System Development from model design and validation, design choices for architecture of trading system, code-level implementation and backtesting and then live-deployment and monitoring of the ATS.
2. Developed a Managed Futures Portfolio Trading System, based on market microstructure data, and statistical inference models, to generate directional signals on outright futures markets of asset classes Equity Indices, Commodities and Fixed-interest.
3. Designed a native C++ application, to handle Direct Market Access from ICE exchange, through interfacing with an ultra-low latency API, and implemented the back-end through multi-threaded application design and low-level system design principles, deploying live application on co-located servers.

Automated Trading System DevelopmentModel designBacktestingC++Market microstructure dataAlgorithmic Trading+1

Internship Trainee

Jan 2019 – Dec 2019 · 11 mos

1. Working on statistical analysis of real time market data, to develop a fully automated trading system, in collaboration with a senior trader.
2. Deployed the first fully-automated trading strategy (across the firm), on outright futures on the CME, learning about trading system design, architecture, risk-management practices, compliance requirements for an Automated Trading System, and monitored live-deployment of the ATS for 6 months.

Statistical analysisAutomated trading systemsRisk managementAlgorithmic Trading

Summer Intern

May 2018 – Jul 2018 · 2 mos · Hyderabad Area, India

Introduction to financial markets, futures, technical analysis. Traded on simulation environment to gain an understanding of real time analysis and execution. Found the correlation between inventory numbers of major commodity producing countries with the respective commodity futures settlement price.

Technical analysisTrading strategies

The financial doctors

Summer Intern

Jun 2017 – Dec 2017 · 6 mos · Chandigarh, India

Was part of the Trader for Tomorrow initiative by TFD, to train young students in technical analysis, trading and financial markets know-how, to support them to become traders.
Covered several topics of advanced Technical Analysis concepts like momentum oscillators, Convergence/Divergence, moving averages, harmonic patterns, in several weekly online sessions conducted throughout the training period.
Applied concepts to real live FX markets to develop a working trading strategy, and had to back test the same as well as trade actively with simulation money. Back testing of strategies was done to test the accuracy and determine the risk exposure accordingly.
Learnt the basics of FXCM trading platform, and gained familiarity with several order types, trading tools like Market Depth, Candlestick charts, etc.

Technical analysisTrading strategies