![]() ![]() Some of them are best for beginners while some are for experts. In this article, we’ll take a look at some of the best stock trading apps in India. Among these, there are some mobile apps that are comprehensive, while others are niche (means, for trading in a specific small category). There are, however, several mobile apps that make trading more convenient. While the Securities and Exchange Board of India (SEBI) approved mobile trading over a decade ago, investors preferred to trade through traditional dealers. (Source – National Stock Exchange of India) ![]() Only around 7,800 scripts are listed on the Indian stock markets and among these less than 3,000 are actively traded. Despite this, the Indian stock market is still in a nascent stage. India has among the world’s highest household savings, at around 30%. Capturing and monitoring orders, as well as trades, is necessary to effectively and consistently identify potential market abuse.Looking for the best stock trading apps in India? Here are the best stock market apps I’ve used and recommend. However, users do not always systematically record the related order messages that precede execution, and those orders which do not result in a trade (including cancellations and amendments). Trade details for trades executed on web-based platforms are generally recorded in users’ trade booking systems. However, some platforms’ connectivity is made via web-based UIs where direct connection to users’ trading systems is not required and users, to our knowledge, have been unable to establish one. This means that order and trade messages are systematically recorded. Many electronic execution platforms (whether part of the systems of a regulated market, MTF, OTF or Systematic Internaliser) require formal connection and interface with a user’s trading systems. For some Rates and Fixed Income products, these platforms now supplement traditional services in a hybrid broking model, working alongside central limit order book (CLOB) style platforms, within an Organised Trading Facility (OTF) or Multilateral Trading Facility (MTF). There is a growing use of periodic, continuous, and dark liquidity, via web-based user interface (UI) portals, matching sessions and ‘pop-ups’. We have observed wholesale brokers (operators) introducing types of electronic trading platforms to increase access to liquidity and efficacy in trade execution. We are concerned that requirements for market abuse surveillance are still not being fully met, 5 years after the introduction of the Market Abuse Regulation (MAR) in 2016. We are now returning to these topics to address what we perceive as a growing area of risk. We continue to visit firms and trading venues to assess their market abuse surveillance arrangements. We explained that surveillance appeared to be less developed for some asset classes, making it possible that firms were not identifying instances of potential market abuse. ![]() Previous topics have included record keeping, market abuse surveillance and the use of market abuse risk assessments. In Market Watch issues 48, 50, and 56, we shared some observations from our suspicious transaction reporting (STR) and suspicious transaction and order reporting (STOR) supervisory visits. In this Market Watch we discuss web-based trading platforms, which are widely used for Rates and Fixed Income products and share our concerns about gaps in users’ surveillance of web-based platform activity. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |