Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

The Death of 25 Paisa

12 sec read


 
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

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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3 Replies to “The Death of 25 Paisa”

  1. 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.

  2. Will it Applicable at Stock Market too…?
    And if so than How the Trade will Done In Penny Stocks…?

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