tag:blogger.com,1999:blog-19649274.post6539497268550913828..comments2024-03-27T17:16:12.789+05:30Comments on The Leap Blog: The trading hours controversyAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19649274.post-27111727123960366852009-12-27T01:03:40.430+05:302009-12-27T01:03:40.430+05:30I think this is BSE getting more active to face NS...I think this is BSE getting more active to face NSE and newer stock exchanges. Both the Exchanges have the technology, if you hear the voices its from the brokers...the winners will obviously be the private bankers and PSU banks who have adopted technology. With international brokerages and Investment houses setting shop here and with Algo Trading becoming an alternate mechanism, I say bring it on....we need to get more aggressive and increase our market depth and if this will do it .... so be it....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-61062421672972297922009-12-21T21:16:04.321+05:302009-12-21T21:16:04.321+05:30I have been reading your blog for about a year now...I have been reading your blog for about a year now and have generally agreed with the views. But on the trading hours issue I cannot help but comment.<br /><br /><b>Recall that internationally, many grocery stores choose to stay open for 24 hours a day.</b><br /><br />The 24 hour concept in grocery stores is perhaps due to too much competition rather than choice. It is economically wasteful (electricity and other resources), stressful for employees and does not provide extra revenues. An ideal time maybe more like 8 AM to 10 PM for grocery stores. But then there will be another store that will remain open till 11 PM and get more customers. So there is no option for them but to remain open all the time, unless the government / regulator stipulates maximum timings.<br /><br /><b>It is important to link up the closing Indian prices to the opening US prices.</b><br /><br />The ADRs of some indian companies are very liquid and some of them are affected significantly by the events in US. But extension of the entire market timings for a few stocks is an overkill. A few index futures trading for long hours would do the task of price discovery and hedging in case of important events.Sankalp Upadhyayhttps://www.blogger.com/profile/01693332778011641349noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-14792932980691067122009-12-21T13:59:45.583+05:302009-12-21T13:59:45.583+05:30Comparing an exchange to a grocery shop is being s...Comparing an exchange to a grocery shop is being simplistic. The exchages should rather try and see why only 10 million people are into stock and why delivery % is low. This kind of one upmanship is aviodable. <br /><br />Are the exchanges supposed to be 24hr casino. let us have a debate on that ???Amit66https://www.blogger.com/profile/05804639560433580241noreply@blogger.com