Do you know Bombay Stock Exchange India Is going to be world best trading venue for High frequency & market making traders. Their are various reason few of them I am going to mention below.
- Right know most of the liquidity in this venue comes from Algo or Quant based trading which is with in range of 90% – 95% of total volumes.
- Exchange leaves his fee. So transaction cost in BSE is on lower side.
- There are various ways by which Foreign National can Trade at BSE India.
- For High Frequency Trading Exchange provide one of best technology so Round trip with in limit of 250 Micro second. Right now no exchanges provide that low latency in India.
- Inter Exchange Arbitrage or smart Routing algos can be deployed.
- On Volume basis No cost Co location Infrastructure provided by BSE India .
- Market making Incentive programme’s are theirs.
- Largest number of listed companies in the world – 5433 as of 31 July 2014
- 11th Largest exchange Globally in terms of market capitalization – Over USD 1.49 Trillion
- 3rd most liquid exchange globally for Index Options
- 7th largest exchange in the world in terms of number of trades in Equity Shares
- 2nd largest in the World in terms of number of currency options contracts traded.
- 3rd largest in the world in terms of number of currency futures contracts traded.
- Full bouquet of products including Equity, Equity Derivatives, Currency Derivatives, Interest Rate Derivatives, Debt Products, Security Lending & Borrowing Platform, IPO, SME Platform, Mutual Funds, ETFs and Offer for Sale (OFS).
- Partnership with S&P Dow Jones Indices on Index Product.
- Cross listing of benchmark index S&P BSE SENSEX in BRICS countries
- Established in 1875, BSE Ltd. (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first Stock Exchange and one of India’s leading exchange groups
- Highly Secure as Running under guidelines of SEBI & registered under WFE Regulations.
- BSE Have DMA/FIX API & Native API access. Also provide Simulation or paper Test environment for Testing.
- In House Applications for Order management & Risk management can be approved from BSE.
HFT and Market Makers can get the brief detailed info here
Lokesh Madan
Related Readings and Observations
What High Frequency Traders Do – BAD or GOOD for Markets? Over the past few Year’s, there has been a quick shift towards algo / Quant HFT (High Frequency Trading) based trading, Where as Asset managers make 24% return in market & HFT traders make […]
7 Videos Explains What High Frequency Trading is All About High-frequency trading (HFT) is a primary form of algorithmic trading in finance. Specifically, it is the use of sophisticated technological tools and computer algorithms to rapidly trade […]
High Frequency Trading Facts : Indian Markets In India I meet so many Top broker HFT Desk their return in HFT is not so consistent. When they invested in High end technology & develop their own In house Low latency Order […]
World’s Top High Frequency Trading Exchanges for Traders. Top 10 Stock Exchanges in the world which are highly liquid and thicker markets which suits mostly for High frequency trading environment.
4 High Frequency Trading (HFT) Order Types You Need To Know High Frequency Trading (HFT) involves the concept of “Order Types”, which signals a trader to enter or exit a position. According to Reuters, Order types can reach an estimated 2,000 […]
High Frequency Trading Technical Based Strategies Practical case studies. Stocks aren't flying very high anymore, but they're still setting up nice swing trades. After getting pummeled for months, many of these stocks are bouncing off multiyear lows. Driven by […]
Leave a Reply