With a view to enable integration of trading of various segments of securities market at the level of exchanges, it has been decided to permit Stock Exchanges to set their trading hours in the Equity Derivatives Segment between 9:00 AM and 11:55 PM, similar to the trading hours for Commodity Derivatives Segment which are presently fixed between 10:00 AM and 11:55 PM, provided that the Stock Exchange and its Clearing Corporation(s) have in place risk management system and infrastructure commensurate to the trading hours.
@nithin what do you think would be the impact on trading volumes / traders / brokers / exchanges etc.?
This is not a welcome move for professional traders . Since it will make even difficult for them to emphasize on markets throughout the session. How is one supposed to be working for fifteen hours this is not acceptable
2)It is certainly going to enhance cost of all broking firms substantially.
3)Do any other nation have such long extented trading hours . Answer might be no.
Hope this decision never get implimented otherwise traders would be the worst sufferers .
SEBI is demonstrating they can do stupid & crazy thing SEBI & its board members really don’t know , how stress full & physically painful and also needs lot of resources for trading/ working for a very long period of time , its really impracticable.
With SGX doing what they recently did - float a parallel Nifty kind of contract when asked to shut down SGX Nifty without any approval from either the exchange or SEBI. Indian exchanges need more muscle power to compete with the global ones which offer much longer hours of derivative trading.
My point of view is, the liquidity increases but,
It greatly affects the volatility.
Decrease in the volatility over a period of hour in a day.
Slow movement of market price compared to conventional market timings.
Provides oppurnitiy and convenient timing for all sort of working people to work in the market.
happy trading
