Omnesys NEST Vs NSE NOW Trading Platform Comparison

Omnesys NEST is a leading stock trading platform in India. Omnesys NEST also provides OMS and RMS for multi-asset. NEST provides trading tools, market data, exchange connectivity and other trading solutions to traditional stockbrokers, discount stock brokers, proprietary trading desks, and exchanges.

NOW (NEAT on Web) is the flagship online trading platform offered by National Stock Exchange (NSE). NOW is a shared platform which is offered to the customer of many brokers. NSE exchange runs on a fully automated trading system named NEAT (National Exchange for Automated Trading).

Traditional Brokers

• Karvy Stock Broking Ltd.
• Bonanza Portfolio Ltd

Discount Brokers

• Zerodha (Zerodha Trader)
• Trade Smart Online
• SASOnline
• Finvasia (INFINI-TRADER)
• SAMCO
• Tradejini

Almost all discount brokers and many traditional brokers offer NOW trading platform.

NEST is used by over 200 traditional and discount stock brokers in India. NEST is stable, fast and powerful trading platform for trading at BSE, NSE, and MCX. Here are few key highlights of the Omnesys NEST:

• Omnesys has experience in building fine products for India Stock Market.
• Omnesys offers Managed Service for NEST. They take care of all the operational responsibilities of the trading platform. This includes hardware, software, exchange connectivity, client connectivity, backups and disaster recovery.
• NEST has integrated OMS and RMS.
• Offer API to brokers, developers, and Algo traders. The APIs are available in Java, COM, C++ and REST API.
• The desktop trading terminal is among the most stable and powerful.
• Advance Order Types like cover order and bracket orders are available.

• NOW is build and maintained by NSE.
• The servers are co-located in NSE datacenters which makes it fast.
• The RMS and OMS are the inbuilt part of NOW.
• Available for free of charge to brokers who are the member of NSE.
• NOW have 3 versions - installable trading terminal, trading website, and mobile trading app.
• NOW mobile app is available for Android as well as iOS phones.

Omnesys NEST has a range of products catering to the need of a seasonal investor to the frequent trader in India Stock Market. Other than the standard trading features, here are some of the key features of the NEST Trading Platform:

• NEST offers online trading through it desktop, web and mobile trading apps.
• NEST offers to trade at multiple exchanges in multiple segments.
• Integrated OMS and RMS make it really fast, stable and reliable.
• Omnesys offer managed services to install and maintain the infrastructure for this trading platform. This results in far less downtime.
• NEST Trader offers an ability to manage shortcut keys.
• NEST Trader offers 360-degree analysis of stocks using streaming data, advanced charts, and live news.
• Alerts and trigger help to keep track of the stock.
• NEST Trader Shortcut Manager helps the user to customize shortcuts.
• NEST has many approved strategies for Algo Trading.
• Various plug-ins are available for advanced users.    

NOW offers a wide range of functions which are critical for trading in the stock market. NOW Website and the Mobile app is designed for casual stock market investors. The trading terminal the powerful trading software for frequent traders. Here are some of the key features of NOW Trading Platform:

• Online trading through desktop, web and mobile app.
• Trade at multiple exchanges and across multiple trading segments.
• In-build OMS and RMS makes it faster.
• NOW trading platform is maintained by NSE. No installation is needed on broker side. No security issues on the broker side.
• A wide range of shortcut keys are available for frequent traders.
• Live quotes, stock analysis, historical data, reports etc are available.
• Custom stock alerts/notifications can be set up.
• Additional plug-ins are provided by NSE for specific needs.

• Robust and stable trading platform.
• Very well documentation is available in PDF and Videos.
• Advanced charts and advance order types are available.
• A range of preference settings available for users to customize the trading experience.
• NEST is used by over 200 retail brokers in India.

• Available for free for trading at NSE.
• Fast execution of orders. The servers are co-located with NSE Exchange.
• Trade at BSE, NSE, MCX, and NCDEX across all segments.

• Slow in adopting new technology, especially in front-end of the application.
• Longer turnaround time in incorporating new feature.

• Most stockbrokers do not offer to trade at BSE and MCX through NOW.
• Advanced charting features are not available.
• Bracket order is not available.
• The user interface is not as intuitive as other trading platforms.