Upstox leads the way among Indian brokers, launches a suite of features powered by TBT data; introduces TBTEngine
Upstox redefines retail trading with the launch of TBTEngine and TBT Data Integration.
Last year, Upstox made headlines in the trading community by becoming the first broker in India to introduce Tick-by-Tick (TBT) powered charts, providing traders with unparalleled accuracy in indicator mapping, pattern recognition, and market analysis. Building on this success, Upstox is now elevating its offering with the launch of the TBTEngine—a groundbreaking suite of features designed to leverage the power of TBT data fully.
Features of Upstox TBTEngine are:
Order Flow Insights for Better Limit Order Execution
One of the key offerings under TBTEngine is ‘Order Flow Insights’, which uses the real-time TBT data stream to give traders the following information before they place a trade:
1. Depth Rank: This feature shows traders exactly where their limit order stands in the market. For instance, if you place a limit order for XYZ stock at Rs 100, you’ll immediately know at what level your order stands in the market.
2. Traded at or Below/Above: This function displays the percentage of trades executed at or below your limit buy order, or at or above your limit sell order, giving you more strategic insight to adjust your positions in real time.
3. ‘Qty. Ahead’: This shows the total disclosed quantity of shares standing ahead of your order in the market.
Traders can also set LIVE Depth Rank alerts, notifying them every 15 minutes if their order's position worsens. This keeps them informed and agile in fast-moving markets.
With these features, Upstox is India’s first broker to offer in-depth order flow insights, offering traders data on depth rank, percentage of trades at limit prices, quantity ahead in the queue, and live alerts. This removes the guesswork, helping traders make smarter, real-time decisions.
Market Depth for Extended Market View
Having a comprehensive view of the market is crucial, particularly when trading Futures and Options (F&O). Traditional market depth data often falls short, missing critical movements that can affect trading strategies. With its new TBTEngine, Upstox becomes the first broker in India to offer an extended market depth view up to 30 levels. This enhanced perspective enables traders to better anticipate market movements, spot hidden opportunities, and make more informed decisions in fast-paced markets.
Demand and Supply Zones for Informed Trading
For traders focused on technical analysis, identifying Demand and Supply Zones is essential. Upstox is the first broker in India to show the top 5 bid and ask quantities standing in the whole order book of the exchange along with price. This feature will help users with better trend identification. The Demand Zone helps you understand where there is strong buying interest, while the Supply Zone shows where selling pressure is high. This feature offers a clear advantage, helping traders identify key price levels where the market might stabilise, rise, or fall.
Eliminating Frustrations with the GTT Trigger Engine
A common frustration among traders is the failure of Good-Till-Triggered (GTT) orders, especially in volatile markets. This often happens because most retail brokers rely on Snapshot Data, which is captured at intervals, potentially missing rapid price changes. Upstox is the first broker in India to address this issue by utilising TBT data. Unlike Snapshot Data, TBT provides a continuous stream of all trade packets, ensuring that no price movement is overlooked.
This real-time data enables accurate matching and more reliable triggering of GTT orders, offering traders greater precision and confidence.
Enhanced transparency with the Trade Price Checker
Transparency is key to building trust in trading. Upstox is setting a new standard in this regard by becoming the first broker in India to offer a Trade Price Checker on its website. This tool allows traders to verify the accuracy of their trades (across all brokers) by entering the exchange order number and instantly retrieving detailed information, including the exact execution time and the trade price.
The Trade Price Checker also provides a reverse-matching of order details, giving traders complete transparency and reinforcing trust in the accuracy and integrity of their transactions.
Access to Institutional Tools
The launch of Upstox's TBTEngine marks a significant transformation in how retail traders access and utilise market data. Featuring advanced tools like Order Flow Insights, extended Market Depth, Demand and Supply Zones, the GTT Trigger Engine, and the Trade Price Checker, Upstox brings a level of data precision that was once exclusive to high-frequency and institutional traders.
These powerful features help bridge the information gap, enabling retail investors to make faster, smarter, and more informed trading decisions.
With the TBTEngine, Upstox is the first broker in India to revolutionise data insights for retail traders, helping them improve the probability of order execution success and providing a significant competitive edge. This move redefines data insights for retail investors, making high-frequency trading tools accessible to everyone. By continually innovating, Upstox is reshaping the trading landscape, ensuring that retail investors keep pace in the ever-evolving world of market data.
Note: TBT Engine is available only for NSE Cash & F&O scrips.