Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
The Death of 25 Paisa
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From June 30 2011, 50 paise will be the minimum coin accepted in the markets as all denominations below it will cease to be legal currency. Also, the entries in books of accounts, pricing of products, services and taxes should be rounded off to 50 paise or whole rupee from that date. The Death of 25 paisa starts from June 30,2011 onwards
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Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
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3 Replies to “The Death of 25 Paisa”
25P as it is is no longer accepted any where in the market these days, so where does June’11 deadline come in the picture? Anyone who has used this coin in the last year or so kindly update.
Will it Applicable at Stock Market too…?
And if so than How the Trade will Done In Penny Stocks…?
Devaluation of Money..
Soon expect 50 paise to disappear!
25P as it is is no longer accepted any where in the market these days, so where does June’11 deadline come in the picture? Anyone who has used this coin in the last year or so kindly update.
Will it Applicable at Stock Market too…?
And if so than How the Trade will Done In Penny Stocks…?
Devaluation of Money..
Soon expect 50 paise to disappear!