230 likes | 316 Views
Information Technology. Online Share Trading. Name. Roll No. 11 12 13 14 15 16 17 18 19 20. Chandni Devani Paras Ghadvi Ashish Gaikwad Trupti Gaikwad Kewal Jagani Rohit Jain Rakesh Jamdhade Ankita Kajare Vijay Kaldate Pankaj Kamma. Group Members.
E N D
Information Technology Online Share Trading Information Technology
Name Roll No. 11 12 13 14 15 16 17 18 19 20 ChandniDevani ParasGhadvi AshishGaikwad TruptiGaikwad KewalJagani Rohit Jain RakeshJamdhade AnkitaKajare Vijay Kaldate PankajKamma Group Members Information Technology
The trading on stock exchange in INDIA used to take place through open outcry method without use of information technology for immediate matching or recording of trades. • This was time consuming and inefficient. This imposed limits on trading volumes and efficiency. In order to provide efficiency, liquidity, and transparency NSE and BSE introduced nation wide online fully automated “SCREEN BASED TRADING SYSTEM” INTRODUCTION Information Technology
The various transactions involved in online trading can be shown from the point of view of the • Client • Broker • Stock Exchange Information Technology
Stock Market is an organized market, where securities of govt. and semi govt. bodies and corporate enterprises or bought and sold. • Stock Market deals in second hand or existing securities. • Individuals alone can buy and sell securities. • The Stock Market does not provide this facility to corporation andpartnership firms. • In the Stock Market only those securities which are listed in the Stock Market are transacted. • Unlisted Securities or not permitted to be dealt in the market. • The Stock Exchange regulates its day-to-day operations. FEATURES OF STOCK MARKET Information Technology
DEMAT ACCOUNT Demat refers to a dematerialisedaccount. i.e. Don't have to possess any physical certificates showing that you own these shares. They are all held electronically in your account. As you buy and sell the shares, they are adjusted in your account. comparison of the charges of Demat Account Information Technology
NSE’s screen based trading is known as NEAT- National exchange for automated trading. • BSE’S screen based trading is known as BOLT- Bombay online trading. SCREEN BASED TRADING Information Technology
NSE has main computer which is connected through “VERY SMALL APERTURE TERMINAL”(VSAT) installed at its office. THE main computer runs on a fault tolerant “STRATUS” mainframe computer at the exchange. Brokers have terminals installed at their premises which are connected through VSATS. MECHANISM OF ONLINE TRADING Information Technology
An investor informs broker to place an order on his behalf. The broker enters the order through his PC, which runs under windows NT and sends signal to the satellite via VSAT. The signal is directed to mainframe computer at NSE via VSAT at NSE’s office. A message relating to the order activity is broad casted to respective member. HOW TO PLACE ORDER Information Technology
Same as the process involved in the placing of the buy order. HOW TO ENTER SELL ORDER Information Technology
Meaning of Speculation: • Anticipation changes in prices of securities in future is • known as Speculation. • Different types of Speculation activities: • Bull • Bear • Stag Information Technology
BASIS OF OPERATION The online trading operates on the strict basis of PRICE PRIORITY TIME PRIORITY Information Technology
Example of TRADING AGENCIES: The logon screen appears with the following details. • USER ID • TRADING MEMBER ID • PASSWORD • NEW PASSWORD LOGGING ON Information Technology
CONCLUSION Information Technology
Thank you Information Technology