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OmniTrader 2020 Technical Support
Proud Moment for Indians
5 replies, 1055 viewings
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OmniTrader Archives
OmniTrader 2020 Technical Support
Proud Moment for Indians
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Last Activity 5/10/2021 4:44 AM 5 replies, 1055 viewings |
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Vinay Elite    Posts: 640 Joined: 12/9/2011 Location: Planet Earth  User Profile |
National Stock Exchange of India Ltd (NSE) has emerged as the world's largest derivatives exchange in 2019 by number of contracts traded surpassing the CME Group, based on the statistics published by Futures Industry Association (FIA), a derivatives trade body. NSE is also ranked 3rd in the world in the cash equities segment by number of trades as per the statistics published by the World Federation of Exchanges (WFE). You just can't ignore us :-) [Edited by Vinay on 1/29/2020 11:27 AM]  Attached file : NSE1.jpg (240KB - 555 downloads) | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
National Stock Exchange of India Ltd. (NSE) has emerged as the world’s largest derivatives exchange in 2020 by number of contracts traded based on the statistics maintained by Futures Industry Association (FIA), a derivatives trade body. NSE is ranked 4th in the world in the cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for calendar year 2020. Nirvana...Are you taking note? [Edited by Vinay on 2/1/2021 9:49 AM] Attached file : NSE.jpg (59KB - 331 downloads) | ||
| LearnerGuru Member Posts: 29 Joined: 12/3/2009 User Profile |
Can you pls post the reference / web link ? Thanks. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
https://www.nseindia.com/ Please note that still very small percentage of Indians are active in Stocks Markets compared to US where a very high percentage of population is actively investing/trading. But the situation is fast changing now. India offers very huge growing market which is currently dominated by likes of AmiBroker, MetaStock and of late TradingView which has become very popular now. Its pity that OmniTrader is nowhere in reckoning here due to its sole focus on US markets. [Edited by Vinay on 1/29/2021 10:07 AM] | ||
| LearnerGuru Member Posts: 29 Joined: 12/3/2009 User Profile |
Thanks for the weblink. Although I have been wanting to trade international markets w/ OT platform, esp. the Chinese futures market, with sight on Indian market at later date, as not only the volume is increasing, but many US-based hedge firms are moving trading funds and offices to the Pacific. Definitely, its a time of reckoning to look at those markets, as the action does seem will be coming from there too as the wealth of population increases. Here are some issues N and its customer base, like myself ponder upon... if its really worth to venture into "uncharted" territories at the moment... most of us are not only coming to retiring age, or retired already, but re-learining foreign markets is hard labor and risky, imho. Beyond that, we need competent tax accountants who understand foreign laws, including ourselves, lack of structured governance and/or public records of companies of interest for research purposes, not withstanding, currency / exchange fluctuations and conversion rates back to USD exposure, etc... among other considerations. Alternatively, I am sure N would perk its radar antennas, if some kind of guidance and readily available Indian consumer base were willingly to purchase OmniTrader and Visual Trader ... possibly introduced to a large Indian trading firm willing to work w/ N and become its marketing arm, etc... than, we all would be rock n' rolling on both sides of the ocean. Thanks for bringing to light. Safe trading. Cheers. | ||
| Vinay Elite Posts: 640 Joined: 12/9/2011 Location: Planet Earth User Profile |
I know that majority of Nirvana users are senior citizens who lack energy to venture into new markets or for that matter change their trading platform. What I wanted to bring to the notice of Nirvana is that there is very large and growing market exists here in India which they might consider capturing. With regards to your concern regarding structured governance and/or public records of companies of interest for research purposes, I would like to bring to your notice that the Indian capital markets are very well regulated and the listed companies have to file quarterly results with exchanges. The disclosure requirements here are very stringent and second to US globally. Top 200-300 companies have global brokerage coverage. For your information outside of US Goldman Sachs has largest presence here. It is my feeling that Nirvana's strategy is to milk the same set of their loyal user base instead of expanding it. International users like me have many unique problems/issues with OT & VT which US customers don't experience. Although I must admit that over the years Barry has worked very hard to alleviate some of those issues. Regarding your point about guidance and readily available Indian consumer base is concerned, I am ready to do whatever little I can. And its chicken and egg situation as far as "readily available Indian consumer base is concerned". [Edited by Vinay on 2/2/2021 10:12 AM] |
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