Thursday, May 14, 2009

Bombay Stock Exchange


Bombay Stock Exchange is the oldest stock exchange in Asia with a rich heritage, now spanning three centuries in its 133 years of existence. What is now popularly known as BSE was established as "The Native Share & Stock Brokers' Association" in 1875.

BSE is the first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. BSE's pivotal and pre-eminent role in the development of the Indian capital market is widely recognized. It migrated from the open outcry system to an online screen-based order driven trading system in 1995. Earlier an Association Of Persons (AOP), BSE is now a corporatised and demutualised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatisation and Demutualisation) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). With demutualisation, BSE has two of world's best exchanges, Deutsche Börse and Singapore Exchange, as its strategic partners.

Over the past 133 years, BSE has facilitated the growth of the Indian corporate sector by providing it with an efficient access to resources. There is perhaps no major corporate in India which has not sourced BSE's services in raising resources from the capital market.

Today, BSE is the world's number 1 exchange in terms of the number of listed companies and the world's 5th in transaction numbers. The market capitalization as on December 31, 2007 stood at USD 1.79 trillion . An investor can choose from more than 4,700 listed companies, which for easy reference, are classified into A, B, S, T and Z groups.

The BSE Index, SENSEX, is India's first stock market index that enjoys an iconic stature , and is tracked worldwide. It is an index of 30 stocks representing 12 major sectors. The SENSEX is constructed on a 'free-float' methodology, and is sensitive to market sentiments and market realities. Apart from the SENSEX, BSE offers 21 indices, including 12 sectoral indices. BSE has entered into an index cooperation agreement with Deutsche Börse. This agreement has made SENSEX and other BSE indices available to investors in Europe and America. Moreover, Barclays Global Investors (BGI), the global leader in ETFs through its iShares® brand, has created the 'iShares® BSE SENSEX India Tracker' which tracks the SENSEX. The ETF enables investors in Hong Kong to take an exposure to the Indian equity market.

Tuesday, May 12, 2009

About the Main Market


The Main Market is the Exchange’s flagship international stock market for established companies. It provides the world's premier listing and trading environment for equity, debt and specialist securities and sets the standard for capital markets globally.
Corporate advisers including sponsors, stockbrokers, lawyers, accountants and investor relations/public relations advisers play a key role in enabling companies to list on the Main Market, and in helping them make the most of their quotation once they are listed.

Sunday, May 10, 2009

What is Forex


Forex market is an international money market. Forex formed its name from foreign currency exchange operation: FOReign EXchange, or FOREX, for short. Forex is one of the youngest financial markets and has had its present appearance since the 1970s. Due to the sheer volume of the money market, Forex is the most dynamically developing market.

Forex’s daily trading rotations reach 4 trillion USD, that is 30 times more than the general volume of all stock market exchange in the US. Like any other market, Forex trades certain goods. In the case of the money market, these goods consist of national foreign currency. Fundamentally, currency rates are set by government institutions as well as commerce companies all around the world that need to convert currency for trading in foreign countries. They make up 5% of the general currency market rotation volume. The other 95% comes from speculative trading on the part of traders trying to earn profit from buying and selling currency at fluctuation rates. An important money market feature is its steadiness.

The main financial market danger comes from sudden drops, or when the stock index collapses. However unlike the stock market, Forex doesn’t drop. When stocks depreciate, that means a crash is coming. But should the dollar fall, this simply means that some other currency will become stronger.

InstaForex financial world

The InstaForex Company provides a complete spectrum of services for currency trading on the international financial Forex market. The company’s main working directions are: providing qualified investment services aimed at earning speculative profit on international financial trading markets.

Dealing Center InstaForex provides the access to the international trading platforms for internet on-line trading. Our clients operate their capital on the currency market Forex staying at home or office. Besides the receiving information about the latest financial world events and reading the economical forecast, you can also receive training in Forex trading by getting the free demonstrational account on currency market Forex. Cooperation with the West Brokers guarantees covering of all clients? orders on Forex. That is why opening a trading account with InstaForex you get a direct access to the market and currency operations on Forex. No one Forex Broker can guarantee profit. Trading on Forex has some risks of partial or full funds loss. This fact should be taken into consideration by any trader who is planning to make profit on Forex. We provide an opportunity to trade without swap. Nowadays more than 10 000 of traders have chosen InstaForex as their Broker for trading on Forex using MetaTrader platform.

Investor Specification


Foreign Investor - specific:


The foreign investors are freely allowed to operate in the capital market without any retention period.

There are no restrictions on the extent of foreign ownership stake and also no limit for holding the shares for trading purposes.

Funds invested in the capital market are freely transferable along with dividend income.

Foreign investors are treated at par with local investors in tax treatment.

Local Investor specific:


Capital gains on sale of listed securities are exempt from income tax up to the year 2010. This exemption is available since 1974.

The dividend is subject to withholding tax at 10%.

Dividend income is taxed as a separate block of income in the hands of individual shareholders.

Any income derived from TFC's is subject to income tax with effect from income year 2001 – 2002.

Lahore Stock Exchange

Lahore Stock Exchange is the second largest and first automated stock exchange of Pakistan.

We are dynamic and emerging market with large number of listed companies and state of the art technology.

We provide a transparent, fair and geographical independent trading environment to attract retail investors.
Lahore Stock Exchange offers trading in equities and derivatives through following markets

• Regular Market
• Odd Lot Market
• IPO Market
• Future Market (Deliverable and Cash Settled Futures)

Thursday, May 7, 2009

FOREX.com


Try Currency Trading with a Free $50,000
FOREX.com Practice Account
Trade currencies and gold - no risk, no obligation
Access our award winning trading platform
Utilize training & educational tools, including free daily webinars
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Free Share Trading Demo Account


Trade North American, European and Asia/Pacific shares and indices commission free, with 2% margin requirement. To receive a free demonstration version of our online trading software, please complete the form below. This software allows investors to trade and manage a demo account in real time over the internet, with 50,000 "demo dollar" account balance. Since no money is actually at risk, this is an excellent way to evaluate our software and trade execution.

Live market prices stream into the trading software. Just click on a price to trade indices or shares - including S&P 500, Dow Jones Industrials, DAX 30, IBM, Vodafone, Microsoft, and many more.

Comprehensive account-statements, real-time Account Balance tracking and live charts and quotes.

Complete the form below to try a Free demo account now! Login instructions and Password will appear immediately

Monday, May 4, 2009

Moving the Market


Stocks are now sporting a modest year-to-date gain after a strong session in which strength in foreign markets, better-than-expected economic data, and leadership from bank shares helped the S&P 500 ascend to its best level since January.

Monday's gains were broad-based amid relatively high trading volume, which had showed signs of tapering off late last week. More than 1.7 billion shares traded hands on the NYSE this session.

Buyers took early cues from overseas markets, where Asian stocks marched higher following word that several Asian finance ministers ordered an emergency liquidity fund of $120 billion to be pooled. News that China's second quarter GDP is expected to outpace that of the first quarter, and a better-than-expected April PMI report, provided additional support.

European bourses fed off the good news, shrugging off news that the European Commission expects the European Union economy to shrink 4% this year, which is down from the 1.8% contraction that it had previously forecast, according to The Wall Street Journal. Germany's DAX gained 2.8% and France's CAC advanced 2.5%. Britain's FTSE was closed for holiday observance.

The upbeat tone abroad helped support a positive sentiment heading into the U.S. open. Optimism was further bolstered by news that pending home sales for March advanced by a better-than-expected 3.2% month-over-month. Though the news feeds into the housing recovery argument, it threatens to stall a housing recovery since interest rates could respond by moving higher.

Construction spending in March increased 0.3% month-over-month, exceeding the 1.6% decrease that was expected. In turn, the March report will likely be an incremental positive when contemplating first quarter GDP revisions.

The better-than-expected data helped propel the major indices markedly higher in a broad-based advance, but financials garnered the most interest. Led by diversified bank stocks (+20.5%), the financial sector gained 10.1%.

Despite what seemed to be a vote of confidence in banks, participants expect that several banks may need additional capital to satisfy the government's bank stress tests, which are scheduled to be released on May 7. In fact, an AP report said that regulators told Wells Fargo (WFC 24.25, +4.64) to shore up its balance sheet since the bank would have trouble surviving a deeper recession. Earlier in the morning, billionaire investor Warren Buffett indicated in a CNBC interview that Wells Fargo and US Bancorp (USB 20.34, +2.38) would be fine if macro conditions deteriorated further. US Bancorp was actually put on watch negative by Standard & Poor's, according to Dow Jones.

Introduction


VISION

To be a leading financial institution, offering efficient, fair and transparent securities market in the region and enjoying full confidence of the investors.

MISSION

To strive to provide quality and value-added services to the capital market in an efficient, transparent and orderly manner, compatible with international standards and best practices.
To provide state-of-the-art technology and automated trading operations, driven by a team of professionals in accordance with good corporate governance.
To protect and safeguard the interests of all its stakeholders, i.e. members, listed companies, employees and the investors at large.
To reflect the country’s economic health and behavior and play its role for the growth, development and prosperity of Pakistan.

Sunday, May 3, 2009

Stock market


The turnover volume stood at 272.941 million shares as prices of 290 scrips recorded gains while 54 sustained losses and seven remained unchanged.



A dealer at a leading brokerage house said that market was bullish since morning on hectic buying. Bulls were in total control in both the sessions and they drove the bears out from the market at the weekend.



The market capitalisation improved by about Rs 90.011 billion to Rs 2.290 trillion.



KESC was the volume leader with a turnover of 16.958 million shares followed by NIB Bank 16.732 million shares, NBP 13.416 million shares, Bank of Punjab 13.089 million shares and Pervez Ahmed 12.766 million shares.



Bank Al-Falah closed at 14.73, NBP 101.30, NIB Bank 6.53, DG Khan Cement 26.50, KESC 3.73, Jahangir Siddiqui Co 38.30, Bank of Punjab 15.75 and Pak PTA 3.17.


Wyeth Pak recorded the highest gain of Rs 43 to close at 1494 followed by Bata Pak which went up by Rs 31.99 to 826.99 while Unilever Pak dipped by Rs 14.80 to 1815.20 and Hinopak Motors went down by Rs 9.87 to 187.54.

CURRIENCIES


# Take your investment strategy beyond the US economy. Trade your view on the US, the European Union and Japan - or look beyond the US entirely and gain exposure to other major international economies such as the United Kingdom, Canada, Australia, and Switzerland among others.

# No short selling restrictions - Take advantage of trading opportunities in both up and down markets; freely trade your bearish view on a country via its currency.

# Trade on your schedule - The forex market is open 24 hours a day, 5 days a week.

# Trade commission-free - Pay only the bid/ask spread.

Demo Account


Trade North American, European and Asia/Pacific shares and indices commission free, with 2% margin requirement. To receive a free demonstration version of our online trading software, please complete the form below. This software allows investors to trade and manage a demo account in real time over the internet, with 50,000 "demo dollar" account balance. Since no money is actually at risk, this is an excellent way to evaluate our software and trade execution.

*

Live market prices stream into the trading software. Just click on a price to trade indices or shares - including S&P 500, Dow Jones Industrials, DAX 30, IBM, Vodafone, Microsoft, and many more.
*

Comprehensive account-statements, real-time Account Balance tracking and live charts and quotes.

Lahore Stock Exchange


Lahore Stock Exchange is the second largest and first automated stock exchange of Pakistan.

We are dynamic and emerging market with large number of listed companies and state of the art technology.

We provide a transparent, fair and geographical independent trading environment to attract retail investors.

Lahore Stock Exchange offers trading in equities and derivatives through following markets

• Regular Market
• Odd Lot Market
• IPO Market
• Future Market (Deliverable and Cash Settled Futures)

Saturday, May 2, 2009

Stocks - Shares


The concepts involving stocks and shares are often baffling to people. However, it is not quite as complex as people make out. At its most basic, a share of stock is a share of ownership in a corporation, when someone owns more than one such stock, they are known as a shareholder. These shares can take a number of forms and can influence whether or not a person owning them can vote in corporate decisions. Like most things in our society, however, the concepts involved have a long history dating back to Roman times and play large role in shaping everyday life.

The Roman Empire contracted many of its services to private groups called publicani. Shares in these were called socci when the cooperatives were large, and particulae for smaller companies (like todays Over-The-Counter shares). Records are small for this time but there is an account of it in Edward Chancellor’s Devil Take The Hindmost. In this book he refers to speculation that these shares were very widespread, possibly causing the first of what is known as speculative bubble in stocks, when price of stocks rise and become overvalued by any measure. From the Middle Ages onwards the first company to issue shares of stock was the Dutch East India Company in 1606. This is notable as it is of great interest to historians due to the legalities of their actions.


But what about today How are shares managed in modern Britain First it should be noted that shares can be held not just in stock, but also in mutual funds, limited partnerships, and REIT's (Real Estate Investment Trust), but shares in stock are the most well known forms and there are some different versions of it in the modern day: Common Stock: This normally carries voting rights that can be used in corporate decisions.


Preferred Stock: This does not typically carry a voting right, but the owner of preferred stock is legally allowed receive a certain amount of dividend (payments made by a corporation to its shareholder members) before any can be issued to others. One of the largest stock exchanges in the world is the LSE, or London Stock Exchange near St. Paul’s Cathedral in the City of London. Founded in 1801 it deals with the stocks of around 3,233 corporations, showing the sheer size and infrastructure that shares have today.

Thursday, April 30, 2009

Stock Exchange


Lahore Stock Exchange is the second largest and first automated stock exchange of Pakistan.

We are dynamic and emerging market with large number of listed companies and state of the art technology.

We provide a transparent, fair and geographical independent trading environment to attract retail investors.

Lahore Stock Exchange offers trading in equities and derivatives through following markets

• Regular Market
• Odd Lot Market
• IPO Market
• Future Market (Deliverable and Cash Settled Futures)

Sunday, April 26, 2009

Open a Live Account


Opening a live account with GCI is quick and easy and can be done online or via fax. You will be able to specify on the account application whether you are opening an ICTS Forex, CFD/Share Trading, or MetaTrader account (click here for details on each account type). Get started by clicking below:


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Saturday, April 25, 2009

Free CFD/Share Practice Account


Receive a free demonstration version of our online trading software by submitting the form below. This software allows investors to trade and manage a demo account in real time over the internet. Since no money is actually at risk, this is an excellent way to evaluate our trading software and online execution.

*

Live streaming prices in all CFDs including shares, indices, currencies, and commodities. Just click on the price to place a trade.
*

Easy-to-understand account statements, free real time Charts and News accessible from both Demo and Live accounts.
* Instructions and your demo password will be sent to your e-mail address immediately.

Wednesday, April 22, 2009

Forex Trading


24-Hour Online Currency Trading
No Dealing Desk Execution*
Trade on rates provided to FXCM by multiple global banks

Spreads as Low as 1 Pip
Trade Currency From Charts
No Entry Order Restrictions**
One-Click Order Execution
Accept ALL MT4 Expert Advisors


Open a FREE $50,000 Practice Account
FXCM Holdings LLC continues to make a public release of its balance sheet.

Highlights of the (unaudited) balance sheet include the following:

$145,072,098 In Capital (Assets Minus Liabilities)
$179,381,756 In Operating Cash (Excludes Client Funds
Please note FXCM Micro in its discretion may or may not offset individual transactions unlike transactions in most FXCM Standard accounts. For additional information, click here.

** FXCM Trading Station allows for order sizes up to 50 million per trade. Traders have the ability to trade incremental sizes (multiple orders of 50 million for the same pair).

ASX


Investment Success Series
The Financial Review & ASX Investment Success Series brings together some of Australia's top industry experts, market commentators and journalists, to help investors make more effective decisions in current market conditions. The 2009 series starts in Melbourne on 24 April. More information.

New rule for trading partly paid securities
On 6 April 2009 ASX announced (PDF 31KB) that it will introduce a market rule requiring brokers to alert retail clients of the need to inform themselves of the rights and obligations associated with trading partly paid securities. The rule is expected to take effect from 1 May 2009. More information (PDF 106KB).

Short selling update
On 5 March 2009, ASIC announced that the ban on covered short selling of financial securities will continue to be in place until 31 May 2009.

The list of the financial stocks (PDF 60KB) that will
continue to be subject to the ASIC ban on short selling and the daily gross short sale report (TXT 23KB) are available.

ASX has released a market circular (PDF 72KB) detailing the requirements for disclosure and reporting of short sales.

Please visit the ASIC website for more information.

New market service for Managed Funds, ETFs and Structured Products
The new service is aimed at domestic and international product issuers that provide products for both retail and institutional investors. More information.

Financial markets charity sailing regatta
The ASX-Reuters Charity Foundation regatta will be held on 16 October 2009. Enter a yacht or come as a crew

FX Correlations



Thursday, 02 April 2009 20:48:03 GMT
FX Correlations (April): How Do Currencies Move In Relation To Each Other? The following is our monthly correlations update for April. As we have stated time and again, correlations between different currency pairs will inevitably shift over time. Therefore, it is of utmost importance to keep abreast of these fluctuating relationships to fully understand
Futures Positioning - COT Report
Monday, 20 April 2009 20:08:35 GMT
COT: Dollar and Yen Still Extremely Bullish COT data favors USD and Yen strength. The data also suggests that the Euro, Australian and New Zealand Dollars will be the weaknest currencies.

Full Article

FXCM



forex trading news, daily reports, trading ideas, dailyFX for beginners, technical analysis, weekly strategy, Daily Technicals, Cross Markets Data, US Open, Analyst Picks, Daily Fundamental, Top FX Headlines, Currency Crosses, Special Reports, Pairs to Range Trade, Picking Tops and Bottoms, Trading News Report, Dynamic Carry Trade Basket, Hedging Range Trades, Forecast Reports, FXCM Rollover Schedule, Identifying Trades, Trend of the Day, Chart of the Day, Dailyfx Powercourse Question of the day

American Stock Exchange



NYSE Alternext U.S., formerly known as the American Stock Exchange (AMEX) is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953 it was known as the New York Curb Exchange.[4] On January 17, 2008 NYSE Euronext announced it would acquire the American Stock Exchange for $260 million in stock.[5] On October 1, 2008, NYSE Euronext completed acquisition of the American Stock Exchange.[6] Before the closing of the acquisition, NYSE Euronext announced that the Exchange will be integrated with Alternext European small-cap exchange and renamed NYSE Alternext U.S.[7]

The Exchange traces its roots back to colonial times, when stock brokers created outdoor markets in New York City to trade new government-issued securities. The AMEX started out in 1842 as such a market at the curbstone on Broad Street near Exchange Place. The curb brokers gathered around the lamp posts and mail boxes, resisting wind and weather, putting up lists of stocks for sale. As trading activity increased so did the volume of the transactions; the shouting reached such a high level that stock hand signals had to be introduced so that the brokers could continue trading over the din. In 1921 the market was moved indoors into the building at 86 Trinity Place, Manhattan, where it still resides. The hand signals remained in place for decades even after the move, as a convenient means of communication. The building was declared a National Historic Landmark in 1978.[2][8]

The First Stock Exchanges




In 11th century France the courtiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. As these men also traded in debts, they could be called the first brokers.

Some stories suggest that the origins of the term "bourse" come from the Latin bursa meaning a bag because, in 13th century Bruges, the sign of a purse (or perhaps three purses), hung on the front of the house where merchants met.

However, it is more likely that in the late 13th century commodity traders in Bruges gathered inside the house of a man called Van der Burse, and in 1309 they institutionalized this until now informal meeting and became the "Bruges Bourse". The idea spread quickly around Flanders and neighbouring counties and "Bourses" soon opened in Ghent and Amsterdam.

In the middle of the 13th century, Venetian bankers began to trade in government securities. In 1351, the Venetian Government outlawed spreading rumors intended to lower the price of government funds. There were people in Pisa, Verona, Genoa and Florence who also began trading in government securities during the 14th century. This was only possible because these were independent city states ruled by a council of influential citizens, not by a duke.

The Dutch later started joint stock companies, which let shareholders invest in business ventures and get a share of their profits—or losses. In 1602, the Dutch East India Company issued the first shares on the Amsterdam Stock Exchange. It was the first company to issue stocks and bonds. In 1688, the trading of stocks began on a stock exchange in London.

On May 17, 1792, twenty-four supply brokers signed the Buttonwood Agreement outside 68 Wall Street in New York underneath a buttonwood tree. On March 8, 1817, properties got renamed to New York Stock & Exchange Board. In the 19th century, exchanges (generally famous as futures exchanges) got substantiated to trade futures contracts and then choices contracts.

There are now a large number of stock exchanges in the world.

Free Share Trading Demo Account


Trade North American, European and Asia/Pacific shares and indices commission free, with 2% margin requirement. To receive a free demonstration version of our online trading software, please complete the form below. This software allows investors to trade and manage a demo account in real time over the internet, with 50,000 "demo dollar" account balance. Since no money is actually at risk, this is an excellent way to evaluate our software and trade execution.

*

Live market prices stream into the trading software. Just click on a price to trade indices or shares - including S&P 500, Dow Jones Industrials, DAX 30, IBM, Vodafone, Microsoft, and many more.
*

Comprehensive account-statements, real-time Account Balance tracking and live charts and quotes.
*

Complete the form below to try a Free demo account now! Login instructions and Password will appear immediately

Try Currency Trading

FOREX.com Practice Account

* Trade currencies and gold - no risk, no obligation
* Access our award winning trading platform
* Utilize training & educational tools, including free daily webinars
FOREX.com will never share your information, including your email address or phone number, with any third party.

By providing your email address on this form, you consent to receiving emails from FOREX.com. In the event you receive an email from FOREX.com and do not wish to receive similar emails in the future, simply follow the instructions to unsubscribe. Your information will never be shared with a third party. We respect your privacy; please read our Privacy Policy. Increasing leverage increases risk. Spot Gold contracts are not subject to regulation under the U.S. Commodity Exchange Act.

Monday, April 20, 2009

About EDX


Created in 2003, EDX London leverages the strength and liquidity of the London Stock Exchange to provide the international investor community a gateway to Scandinavian and Russian IOB derivatives. The London Stock Exchange is home to Europe’s largest, and the world’s most international equity markets.


EDX London was created to bring the cash equity and derivatives markets closer together, broadening the scope of equity derivatives trading while cutting down risk and cost. EDX London was built on the foundations of the OM London Exchange, which had been operating since 1989.

A variety of member firms, including the leading European and global investment banks and derivatives firms are members of EDX London.


Members of EDX London trade futures and options on international exchanges through a common order book, making business easier and more cost effective.


EDX London is a Recognised Investment Exchange, regulated by the United Kingdom’s Financial Services Authority.

Free Share Trading Demo Account


Trade North American, European and Asia/Pacific shares and indices commission free, with 2% margin requirement. To receive a free demonstration version of our online trading software, please complete the form below. This software allows investors to trade and manage a demo account in real time over the internet, with 50,000 "demo dollar" account balance. Since no money is actually at risk, this is an excellent way to evaluate our software and trade execution.
Live market prices stream into the trading software. Just click on a price to trade indices or shares - including S&P 500, Dow Jones Industrials, DAX 30, IBM, Vodafone, Microsoft, and many more.
Comprehensive account-statements, real-time Account Balance tracking and live charts and quotes.
Complete the form below to try a Free demo account now! Login instructions and Password will appear immediately

Saturday, April 18, 2009

Trading Procedures

Below are the trading procedures:
  1. Open an Account

    Open a trading account and a Central Depository System (CDS) account with a stockbroking company.
    You will then be engaged with a licensed dealer or a remisier.

  2. Engage Remisier

    Give an order to your remisier to buy or sell a specified number of shares of a company at a specified price.
    This is when you will need to provide the CDS account number for order entry.

  3. Placing an Order

    Your orders are keyed into the WinSCORE (Bursa Malaysia's fully automated trading system) terminal at the stockbroking company.
    It is then relayed through the WinSCORE system to Bursa Malaysia's central computers.
    The order confirmation is immediately routed back to the stockbroking company.

  4. Match Order

    Orders are matched automatically by the system.
    All prices which orders are matched are determined by market forces of supply and demand through a process of bids and offers.
    In every transaction, a security is sold to the highest bidder and purchased at the lowest offer.
    The price transacted for a buy order will either be at the same price keyed in, or lower if the seller's price is below the buyer's price.
    For a sale transaction, the price will be the same or higher if the buyer's order is higher.

  5. Trade Confirmation

    Once the order is matched, a trade confirmation is printed out, providing details such as the original order number, stock number, price and quantity matched and the counter-party stockbroking company.
    The remisier in turn confirms with his client that he has bought/sold the specified number of shares and the price at which it was bought/sold/.
    To facilitate differentiation and to avoid confusion, the stockbroking company has different coloured slips for 'sell' and 'buy' orders.

  6. Contract Notes

    The broking house will then send out contract notes to you, giving details of the transaction such as brokerage, stamp duty and clearing fees payable as well as the cost of purchase or proceeds of the sale.

  7. T + 3

    There is no physical delivery of shares under the CDS. Instead, the CDS uses a simple book entry system to keep track of the movement of shares which arise from trades affected on Bursa Malaysia.
    For example, if you are a buyer of share A, your CDS account will be credited with Share A and the seller's account will show a debit of Share A.
    Sellers must have adequate shares in their CDS accounts by 12.30 pm on T+2 and buyer's account will be credited on T+3 with the shares, with T being the transaction date.

China Stock Markets Web




provides investors with convenient access to the latest information on listed companies and market movements in the stock markets of Hong Kong, Shanghai and Shenzhen. The contents are updated daily with data from HKEx, Shanghai Stock Exchange and Shenzhen Stock Exchange.

Thursday, April 16, 2009

FX Correlations


The following is our monthly correlations update for April. As we have stated time and again, correlations between different currency pairs will inevitably shift over time. Therefore, it is of utmost importance to keep abreast of these fluctuating relationships to fully understand your trades and portfolio.

Charting Economic Surprises


Retail sentiment has once again shifted; and this time, speculative traders are positioning for the EURUSD’s long-term trend to remain intact. Over the past week, the Speculative Sentiment Index ratio jumped to its highest reading since last October - though this shouldn’t be too surprising considering the retail sector’s affinity for prominent technical levels. Today, the pair’s ratio stands at -1.59 with nearly 61% of the market group holding a long position

Free Forex Charts with Live FXCM Quotes


The extent of the decline from 1.6039 makes it unlikely that 1.5611 will hold. Expect a bounce from current levels, perhaps a spike through 1.5750 next week in order to complete a small c wave before 1.5611 is put to the test. A break below there would bring an end to the series of higher lows and puts bears firmly in control.

Monday, April 13, 2009

Brokerage Service Provider Links


, the CoolTrade Automated Trader runs your strategies, 100% on its own, executing robotically. Through robotic execution, this intelligent system monitors the market, from open to close, protecting your investments and taking profits for you all through the day. A ‘Reports’ option also allows you to get details on your trades and profits. CoolTrade’s patent-pending technologies also include Stealth-Mode trading and Profit Protection.

Fourth, we provide a Real-time Market Simulator. After a trading strategy has been selected, you may run the strategy in simulator mode during live market hours. This is not a back-tester. Our simulator runs in real-time so you can see how your strategies perform during actual market conditions. The Reports option will provide you with your strategy statistics. Switching from live to simulator mode is done with a simple click of the button.

Current Customers
Clients in All 50 States and Multiple Countries

Testimonials
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CoolTrade is the product of a robust plan and a lot of talent. The software is capable of taking your logic, applying your rules, removing the emotions, and flawlessly executing your trading. If you check with the company web site, you'll find an invaluable tool. The site gives you the ability to look up the value holding a stock verses using CoolTrade. If you plug in your stock symbol you'll get either a pleasant surprise, or a shock.

In many instances using automated trading software, you need to learn a trading and a software developer language to effectively put together a script for use in your plans. Not so with CoolTrade. Here you can remain a trader. If you wish to establish a candlestick method, you quickly can. Say you'd like to go into a strategy based around moving averages. That's cool, and very simple. Get complex with a rocket scientist theory or stay simple and focused on the prize, either event can be handled with no problem. And the software is scheduled for even more trader improvements in the coming weeks. It is truly, cool.

For less than $40 a month, you can automate your trading strategy and watch as the computer and software combine to become your trading surrogate. Thinking about using some robust computing abilities? We're talking strategies based on momentum, pivot points, Stochastics, Bollinger Bands, channels, moving averages, company statistics, timings, you name it. Individually or any combination thereof, CoolTrade can design, develop, test and implement it.

Last week, I put the software through the paces. I established some crude trading layouts just to see what they achieved. I got killed, just as I did when I first started trading. A few days later as I developed a bit of trade watching patience, I built a logic that actually broke even on a bad market day. This is a trading concept that easily took me years to even understand that I needed to know how to achieve. By the end of the week, my trading concepts were proving to be profitable. And then the real breakthrough of consistency was starting to be conceived.

All of this testing and learning was accomplished with the real time market. The simulation trading mode is one of the CoolTrade software shining points. The ability to implement trading logic on the fly and see the results almost instantly is wonderful. No spilled milk and crying about it here. Test the theory, review the results, make the changes and get right back into the game.

Another real winner in this product is the link to Interactive Brokers to facilitate your trading. This truly makes the software the solid, hands-off player. Three days ago with limited training and/or true ability to manipulate the software, I made a profitable setup to trade with. Now after chatting with tech support and formulating a plan, the software is becoming a real champion trader for me.

Having spent a few decades working with (and training others) on many software packages, I can easily say that this is potentially one of the most comprehensive out there. And at its current price point, there is no equal. As soon as the product augments and improves itself with back testing capabilities and possibly direct interfacing with other market research products, will there be a reason to use any other?

The ultimate goal of this writer, and the CanyonOlogy server project, is to develop a fully comprehensive trading setup that requires little if any intervention once established. With the implementation of CoolTrade into the fold, that reality is now a step closer." Moses Harris,

Moses Harris is President of CanyonOlogy Trading, a trading and technology firm

Most actively traded companies on Canadian stock markets


TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (9,187.12 up 217.84 points):

Quebecor World Inc. (TSX:IQW). Printer. Up three cents, or 35.29 per cent, to 11.5 cents on 17,254,528 shares. The Montreal-based company's shares shot up a day after it reached a deal with its creditors to recapitalize and reduce the company's debt. Quebecor World's operating under bankruptcy protection.

Teck Cominco Ltd. (TSX:TCK.B). Miner. Up $1.19, or 13.60 per cent, to $9.94 on 16,588,866 shares. The debt-plagued Vancouver mining giant's shares continue to rise a day after announcing it has sold about 5.6 million common shares of Kinross Gold Corp. (TSX:K), raising about US$101 million. Shares are at its highest since early November.

Eastern Platinum Ltd. (TSX:ELR). Miner. Up 10 cents, or 20.83 per cent, to 58 cents on 16,005,603 shares.

Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up 22 cents, or 6.47 per cent, to $3.62 on 15,017,501 shares. The plane and train maker has been awarded a contract to supply 60 MI09 trainsets for the greater Paris suburb for an undisclosed sum.

Breakwater Resources Ltd. (TSX:BWR). Miner. Up 1.5 cents, or 15.79 per cent, to 11 cents on 14,369,983 shares.

Manulife Financial Corp. (TSX:MFC). Insurer. Up $2.03, or 12.33 per cent, to $18.50 on 10,755,046 shares. The financial sector on the TSX led the advancers, soaring 5.68 per cent to 128.83 points.

TSX Venture Exchange (968.97 up 18.27 points):

Pan Terra Resource Corp. (TSXV:PAN). Shale Gas explorer and developer. Up 1.5 cents, or 25 per cent, to 7.5 cents on 12,726,650 shares.

Q-Gold Resources Ltd. (TSXV:QAU). Miner. Down half a cent, or 25 per cent, to 1.5 cents on 4,030,050 shares.

Companies reporting major news:

Canwest Global Communications Corp. (TSX:CGS). Media. Up half a cent, or 1.59 per cent, to 32 cents on 513,580 shares after posting a quarterly loss of $1.44 billion, including a $1.19 billion writedown of assets. That amounted to $8.09 a share compared with a year-earlier loss of $34 million or 19 cents a share. Revenue totalled $637 million, down from $701 million.

Cogeco Cable Inc. (TSX:CCA). Cable and Internet service provider. Down 65 cents, or 1.97 per cent, to $32.35 on 116,955 shares as it reported a second-quarter loss of $358.6 million which includes a $383.6 million net non-cash charge related to its Portugese subsidiary. That amounted to $7.39 a share compared with year ago $49.9 million or $1.02 a share. Revenue rose 15 per cent.

Telus shares (TSX:T). Telecom. Down $3.92, or 11.04 per cent, to $31.58 on 3,396,583 shares. News of a slow growth at Telus' wireless arm and less revenue per user during the first three months of the year wiped out a month's gain of the Vancouver-based company's shares.

Sunday, April 12, 2009

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Friday, April 10, 2009

Introduction


Bombay Stock Exchange is the oldest stock exchange in Asia with a rich heritage, now spanning three centuries in its 133 years of existence. What is now popularly known as BSE was established as "The Native Share & Stock Brokers' Association" in 1875.BSE is the first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. BSE's pivotal and pre-eminent role in the development of the Indian capital market is widely recognized. It migrated from the open outcry system to an online screen-based order driven trading system in 1995. Earlier an Association Of Persons (AOP), BSE is now a corporatised and demutualised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatisation and Demutualisation) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). With demutualisation, BSE has two of world's best exchanges, Deutsche Börse and Singapore Exchange, as its strategic partners.Over the past 133 years, BSE has facilitated the growth of the Indian corporate sector by providing it with an efficient access to resources. There is perhaps no major corporate in India which has not sourced BSE's services in raising resources from the capital market.Today, BSE is the world's number 1 exchange in terms of the number of listed companies and the world's 5th in transaction numbers. The market capitalization as on December 31, 2007 stood at USD 1.79 trillion . An investor can choose from more than 4,700 listed companies, which for easy reference, are classified into A, B, S, T and Z groups.The BSE Index, SENSEX, is India's first stock market index that enjoys an iconic stature , and is tracked worldwide. It is an index of 30 stocks representing 12 major sectors. The SENSEX is constructed on a 'free-float' methodology, and is sensitive to market sentiments and market realities. Apart from the SENSEX, BSE offers 21 indices, including 12 sectoral indices. BSE has entered into an index cooperation agreement with Deutsche Börse. This agreement has made SENSEX and other BSE indices available to investors in Europe and America. Moreover, Barclays Global Investors (BGI), the global leader in ETFs through its iShares® brand, has created the 'iShares® BSE SENSEX India Tracker' which tracks the SENSEX. The ETF enables investors in Hong Kong to take an exposure to the Indian equity market.The first Exchange Traded Fund (ETF) on SENSEX, called "SPIcE" is listed on BSE. It brings to the investors a trading tool that can be easily used for the purposes of investment, trading, hedging and arbitrage. SPIcE allows small investors to take a long-term view of the market.BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives. It has a nation-wide reach with a presence in more than 359 cities and towns of India. BSE has always been at par with the international standards. The systems and processes are designed to safeguard market integrity and enhance transparency in operations. BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its BSE On-line Trading System (BOLT).BSE continues to innovate. In recent times, it has become the first national level stock exchange to launch its website in Gujarati and Hindi to reach out to a larger number of investors. It has successfully launched a reporting platform for corporate bonds in India christened the ICDM or Indian Corporate Debt Market and a unique ticker-cum-screen aptly named 'BSE Broadcast' which enables information dissemination to the common man on the street.In 2006, BSE launched the Directors Database and ICERS (Indian Corporate Electronic Reporting System) to facilitate information flow and increase transparency in the Indian capital market. While the Directors Database provides a single-point access to information on the boards of directors of listed companies, the ICERS facilitates the corporates in sharing with BSE their corporate announcements.BSE also has a wide range of services to empower investors and facilitate smooth transactions:

Investor Services: The Department of Investor Services redresses grievances of investors. BSE was the first exchange in the country to provide an amount of Rs.1 million towards the investor protection fund; it is an amount higher than that of any exchange in the country. BSE launched a nationwide investor awareness programme- 'Safe Investing in the Stock Market' under which 264 programmes were held in more than 200 cities.The BSE On-line Trading (BOLT): BSE On-line Trading (BOLT) facilitates on-line screen based trading in securities. BOLT is currently operating in 25,000 Trader Workstations located across over 359 cities in India.BSEWEBX.com: In February 2001, BSE introduced the world's first centralized exchange-based Internet trading system, BSEWEBX.com. This initiative enables investors anywhere in the world to trade on the BSE platform.Surveillance: BSE's On-Line Surveillance System (BOSS) monitors on a real-time basis the price movements, volume positions and members' positions and real-time measurement of default risk, market reconstruction and generation of cross market alerts.BSE Training Institute: BTI imparts capital market training and certification, in collaboration with reputed management institutes and universities. It offers over 40 courses on various aspects of the capital market and financial sector. More than 20,000 people have attended the BTI programmesAwards
The World Council of Corporate Governance has awarded the Golden Peacock Global CSR Award for BSE's initiatives in Corporate Social Responsibility (CSR).
The Annual Reports and Accounts of BSE for the year ended March 31, 2006 and March 31 2007 have been awarded the ICAI awards for excellence in financial reporting.
The Human Resource Management at BSE has won the Asia - Pacific HRM awards for its efforts in employer branding through talent management at work, health management at work and excellence in HR through technologyDrawing from its rich past and its equally robust performance in the recent times, BSE will continue to remain an icon in the Indian capital market.

Wednesday, April 8, 2009

The First Stock Exchanges


In 11th century France the courtiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. As these men also traded in debts, they could be called the first brokers.
Some stories suggest that the origins of the term "bourse" come from the Latin bursa meaning a bag because, in 13th century Bruges, the sign of a purse (or perhaps three purses), hung on the front of the house where merchants met.

However, it is more likely that in the late 13th century commodity traders in Bruges gathered inside the house of a man called Van der Burse, and in 1309 they institutionalized this until now informal meeting and became the "Bruges Bourse". The idea spread quickly around Flanders and neighbouring counties and "Bourses" soon opened in Ghent and Amsterdam.
In the middle of the 13th century, Venetian bankers began to trade in government securities. In 1351, the Venetian Government outlawed spreading rumors intended to lower the price of government funds. There were people in Pisa, Verona, Genoa and Florence who also began trading in government securities during the 14th century. This was only possible because these were independent city states ruled by a council of influential citizens, not by a duke.
The Dutch later started joint stock companies, which let shareholders invest in business ventures and get a share of their profits—or losses. In 1602, the Dutch East India Company issued the first shares on the Amsterdam Stock Exchange. It was the first company to issue stocks and bonds. In 1688, the trading of stocks began on a stock exchange in London.
On May 17, 1792, twenty-four supply brokers signed the Buttonwood Agreement outside 68 Wall Street in New York underneath a buttonwood tree. On March 8, 1817, properties got renamed to New York Stock & Exchange Board. In the 19th century, exchanges (generally famous as futures exchanges) got substantiated to trade futures contracts and then choices contracts.
There are now a large number of stock exchanges in the world.

Tuesday, April 7, 2009

London Stock Exchange



The London Stock Exchange is at the heart of global financial markets and is home to some of the best companies in the world. Discover how our business is structured and what makes us one of the world's leading equity exchanges.

The London Stock Exchange is one of the world’s oldest stock exchanges and we can trace our history back more than 300 years. Starting life in the coffee houses of 17th century London, the Exchange quickly grew to become the City’s most important financial institution. Read about the milestones in our story.


Welcome To The Official Website Of Lahore Stock Exchange (Guarantee) Li


Lahore Stock Exchange is the second largest and first automated stock exchange of Pakistan.

We are dynamic and emerging market with large number of listed companies and state of the art technology.

We provide a transparent, fair and geographical independent trading environment to attract retail investors.
Lahore Stock Exchange offers trading in equities and derivatives through following markets
• Regular Market
• Odd Lot Market
• IPO Market
• Future Market (Deliverable and Cash Settled Futures)

Free Share Trading Demo Account


Trade North American, European and Asia/Pacific shares and indices commission free, with 2% margin requirement. To receive a free demonstration version of our online trading software, please complete the form below. This software allows investors to trade and manage a demo account in real time over the internet, with 50,000 "demo dollar" account balance. Since no money is actually at risk, this is an excellent way to evaluate our software and trade execution.

  • Live market prices stream into the trading software. Just click on a price to trade indices or shares - including S&P 500, Dow Jones Industrials, DAX 30, IBM, Vodafone, Microsoft, and many more.

  • Comprehensive account-statements, real-time Account Balance tracking and live charts and quotes.

  • Complete the form below to try a Free demo account now! Login instructions and Password will appear immediately

Sunday, April 5, 2009

diomondplayagreatroleinaforextrade


Currency Trading with dbFX
The state-of-the-art dbFX trading platform allows individuals and small institutions to trade FX with the world's leading foreign exchange liquidity provider on a platform tailored to their needs. Not only does this apply to self-directed traders, but we also offer custom solutions for money managers, introducing brokers and API developers. Foreign exchange trading through dbFX provides a number of benefits

Forex Trade - how to do it right and earn money



Forex simply stands for foreign exchange. It is a financial transaction which you may either do by going to banks by means of exchanging your money to another currency. On a more complicated stance, it also deals with the changes in the forex market. The latest on this activity is known as online forex trade.Not all people are equipped with the knowledge on online forex trade. This may be the reason why you have not yet thought of doing the investment. Education is needed in order to convey the real message of this business. To make the learning process enjoyable, here are some of the ways to educate you.Understanding online forex tradeIf you want to know how the entire system works, there are several ways to understand the rules of the trade. You must be willing to take steps to gain ample background before investing your cash. To start with, here are the basic means to understand online forex trade:• Read online material. This business have spread widely over the internet, thus your key to having the wisdom you want on online forex trade may be made through reading online material. Read the basics of the forex market before you jump into shedding your cash. You have to know the key concepts behind the business. • Attend interactive seminars. Learning is a two-way process. You and other participants are the students while your teachers are the online providers themselves. The procedure is oftentimes called as webinars to shorten the phrase web seminars. Interacting with other people will make you build trust on the company you have chosen. This is a good opportunity for you to learn everything about online forex trade.• Participate in workshops. Attending workshops is not enough. You have to actively participate in the discussion even if you are just new in the trade. You are always encouraged to stress your viewpoints and share your own perception about online forex trade. Older members of the trading system together with professionals on the field will make the experience more enjoyable and fruitful.• Go for trainings. Attending training courses will make you learn at your own pace. In trainings, discussions are made one step at a time. You move forward as soon as you understand what the business is all about. Online forex is a complex thing which you should appreciate first before you spend your time on it. Nobody is rushing you to understand its complexes immediately.• Consultations. There are experts who will provide you the exact answers to your queries. Feel free to initiate the move and raise all your concerns. The skill on online forex trade is not acquired on a one-day basis. The best key to learning is to gather the facts straight from the source.As the saying goes, haste makes waste. You have to take things on the basis of acquiring skills, knowledge and expertise. Online forex is not as simple as learning the alphabet or counting numbers. The entire system works not only with the amount you invest but with your desire to learn.You have to be guided accordingly if you want to stay with the tricks of the trade. As online forex trade has a very complex mathematical foundation, so are the terms and science behind it. Do not just take your chances just so you will earn the amount of money you want.


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diomondplayagreatroleinaforextrade

AvaTrader is a multi-faceted forex trading platform that is easily adaptable to the trader's individual preferences and tastes. Foremost, AvaTrader gives the user the opportunity to trade in FX quickly, seamlessly and easily via the live streaming prices that are constantly generated. All of the advanced functionality is visible within the platform and the main page gives the trader a one-page full-featured advanced forex trading platform.

Saturday, April 4, 2009

Engagement Rings





Getting engaged is the one of the happiest and thrilling moments of your life. Many of us put a lot of effort into making this day memorable. An engagement ring is a promise to strengthen a relationship and lets others know of your significant other. Diamond Engagement Rings can be in gold, silver and platinum. A prized diamond ring will definitely bring a smile on her charming face and will be cherished by her forever. An engagement ring is a symbol of emotions such as love, commitment, eternity, honor, loyalty and promise. Gifting a ring in honor of a union, engagement has been very ancient and it holds the motion of eternal togetherness.

If you are tired of searching an engagement ring in the shops, then come and spend a little time browsing our online shop and you would get more than what you bargained for. We offer you an array of jewellery designs. Some of the designs are, the Anniversary And Engagement, a yellow and white gold diamond ring with a striking combination of style and elegance. A dream to live together forever is the commitment you offer with an engagement ring. When buying a ring for someone, look for the four C’s which are very important - colour, clarity, carat and cut.

Friday, April 3, 2009

Diamond Bracelets











Interesting Facts About Diamond Bracelets.......
As a celebration gift to mark their reunion tour, footballer and sex symbol David Beckham gave his wife Victoria and each of the Spice Girls beautiful diamond-encrusted bracelets. Just hours before they went on stage in Vancouver, Bex presented Posh and the rest of the band with the eye-popping trinkets.
Diamond bracelets have always been highly desirable items of jewellery to own. From old world Hollywood glamour icons like Marilyn Monroe and Elizabeth Taylor, through to modern stars such as Rihanna, Pink, Nicole Scherzinger, Demi Moore and Nicole Kidman, diamond bracelets have been a common part of a jewellery ensemble. In fact actresses Anne Hathaway and Gwyneth Paltrow show that you don´t have to just settle for one bracelet at a time, but instead stack these deliciously decadent delights up one on top of each other to create the illusion of one large piece.