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  • Introduction to Options Trading: A Beginners Guide

    Introduction to Options Trading: A Beginners Guide

    Everyone like to have options so that they can choose as per their wish. This is what options trading gives you, the option to choose. In the stock market, or to be specific derivatives market, options are like the ruler, with all the power and no obligations.

    However, for beginners, option trading may seem a bit complex, as there are a lot of things to keep in mind while trading options. That said, options are also one of the best ways to trade in the market without putting in a lot of money, however, that doesn’t restrict your profit potential. Let us find out how and to do that, we need to dig deeper.

    What are the Options and Option Trading?

    Options are derivative contracts, which are used to speculate the price of the underlying asset and trade accordingly. These derivative contracts offer the buyer the right to buy or sell the underlying asset at a specified date for a pre-determined price. While you get the right to buy or sell the underlying asset, there is no obligation to do it. This is the feature that makes options most sought after.

    So, Options trading can be defined as the trading process of buying and selling these option contracts.

    Types of Options

    Call option: Call option offers the ‘right to buy’ the underlying asset at a predetermined price on a specified date, without any obligation. Traders purchase the call option when they think the price of the underlying asset may go up in the future. So, in order to make a profit, they buy call options by paying a premium, which gives them the right to buy the underlying asset at a future date for a pre-determined price.

    Suppose, you think the price of stock A will go up next month as the company is coming up with new products, which have huge demand in the market. Let’s say, the current price of stock A is Rs. 1000. You are anticipating the price of the stock to go up to Rs. 1200 next month. Therefore, you buy the call option at a strike price of Rs. 1050. You bought five lots, and each lot has 100 stocks, and the premium you paid is Rs. 2000 each, which means a total of Rs. 10000, paid as a premium.

    Now there can be two scenario:

    Scenario 1: Price of stock A goes up to Rs. 1250 next month

    If this happens, then you can execute your call options, and buy 500 units of stock A at a price of Rs. 1050.

    Buying price = Rs. 1050*500 = Rs. 525000

    Premium paid earlier = Rs. 10000

    Total investment = Rs. 535000

    You can sell the shares at a price of Rs. 1250 each.

    Selling price = Rs. 1250*500 = Rs. 625000

    Net profit = Total Investment – selling price

    = Rs. 625000 -535000

    = Rs. 90000

    Scenario 2: Price of stock A decreases to Rs. 950 next month

    Now, since, the price drops against the expectation, you choose not to execute the contract. As there is no obligation to execute the contract on the contract buyer.

    Thus, your total loss would be the amount of premium paid in this case which is Rs. 10000.

    However, if you had invested in the stock instead of buying the call option, then

    • First, you had to invest Rs. 525000 at one go for buying 500 shares at Rs. 1050 each.
    • Secondly, if the price drops to Rs. 950 each, then your loss would have been Rs. 100 per share. Therefore the total loss would have been Rs. 100*500 = Rs. 50000.

    So, instead of losing Rs. 50000, you lost Rs. 10000, which is much better, isn’t it?

    Put Option: When you believe or anticipate the price of an asset to go down, you can buy a put option as this derivative contract gives you the right to sell an underlying asset at a predetermined price on a specified date, without any obligations of executing the contract.

    Again let’s understand this with an example;

    Suppose, you think the price of stock B will decrease in September 2023, as the company is not performing well in this quarter. So, purchase five Put options, by paying a premium of Rs. 2000 each, which makes it Rs. 10000 in total. The lot size of each put option is 100 shares. Thus, you can sell 500 shares at the end of the contract. Now, the current market price of stock B is Rs. 1000, and you think it will come down below Rs. 900 each by September. Therefore, the put options you bought have a strike price of Rs. 1000 for each share.

    Here, like above, can be two scenarios;

    Scenario 1: The price of stock B goes down to Rs. 850

    Since the price of the stock has come down as per your anticipation, you will execute your contract.

    To buy 500 shares, your investments would be Rs. 850*500 = Rs. 425000

    Selling price = Rs. 1000*500 = Rs. 500000

    Gross profit = Rs. 500000 -425000 = Rs. 75000

    Premium paid = Rs. 10000

    Net profit = Rs. 65000

    Scenario 2: Price of stock B goes up to Rs. 1100

    In this case, you can choose not to execute the contract and your loss would be limited to Rs. 10000 which is the premium amount paid by you.

    Suppose, you had short-sell 500 units of stock B at Rs. 1000, you had made Rs. 500000 then. However, if the price went up to Rs. 1100, for squaring off your position, you had to buy stock B at Rs. 1100 each, which means, an outlay of Rs. 550000. Therefore, in this case, your loss would have been Rs. 50000.

    The Extent of Profit and Loss

    • In the case of a call option, the maximum profit can be infinite for the call option buyer. This is because the price of the underlying asset can go up to any extent, and thus, there is no upper limit on the profit.
    • In the case of a put option, the maximum profit for the option buyer is the difference between the strike price of the contract and Rs. 0 as the price of the underlying asset cannot go below that.
    • The losses in both cases can be up to the amount of premium paid.

    Important Concepts of Option Trading

    In option trading, there are certain terminologies and concepts which you need to keep in mind. These include –

    • Strike Price: This is the price, which is determined at the time of drawing the option contract at which the buyer of the option contract will be able to buy or sell the underlying asset. As per the example for a put option, the strike price is Rs. 1000 which means the put option buyer, can sell the underlying asset which is stock B in that example at a price of Rs. 1000 when the market price has dropped to Rs. 850.
    • Expiration date: The contract will become executable on this date. It is also the expiration date and this is specified at the time of making the contract. Suppose, in the above example, the expiration date is 9th September, then on 9th September, if the price is below the strike price, and the option buyer is willing to execute the contract, he or she can. However, if not, then it will expire.
    • Premium: The premium is the amount you pay in order to purchase the option. In the above example, Rs. 5000 is the total premium paid for buying the five lots of put option. The premium is determined on the basis of the price of the underlying asset and values.
    • Intrinsic Value: in options trading, intrinsic value means the gap between the strike price of the option contract and the present market price of the underlying security. So, in the above example of a call option, the gap between the strike price and the current market price is Rs. 50 which is the intrinsic value.
    • Extrinsic value: This value is a qualitative measure of representing factors like is the premium amount for the contract is justifiable or not, how long the option will be good, and other such factors, which are not considered by the intrinsic value.
    • In-the-money option: If an option contract is profitable depending on the price of the underlying security and the time until expiration, then it is known as an in-the-money option. In the above, example, the time of expiration is in September. The strike price is Rs. 1000 and the underlying security’s price was Rs. 1000 at the beginning of the contract. So, the option will be in-the-money until the market price of the underlying security doesn’t go above the Rs. 1000 mark. Since, it is a put option, where you will make a profit when and if the price of the underlying security goes down. Therefore, it will be in-the-money until the price of the underlying security doesn’t go above the strike price.
    • Out-of-the-money Option: This is when the option contract becomes unprofitable. Going by the above put option example again, if the price of the underlying security goes above the strike price of Rs. 1000, then it will become an out-of-the-money option, as the price went up against your anticipation of price going down.

    How to Start Options Trading?

    If you are starting with options trading, then here are the steps you need to follow.

    • Firstly, you need to have an online trading account, which you can easily open with our quick and easy, paperless account opening process.
    • Now the next step is crucial, where you start finding those securities, which have the potential upside and downside. Once you find the same, you need to anticipate whether the price will go up or down in the future. If you think it will go up, you have to buy the call option and if you think it will go down you will have to purchase put options.
    • Then you need to determine the strike price of the option contract and also analyse if the premium that you have to pay is reasonable or not.
    • Next, you need to determine the period for the potential rise or decrease in the price. This is required for deciding the expiration date of the contract.
    • Once all these are sorted, you pay the premium and buy the options.
    • Now, upon expiration, if the options are in-the-money, then you can execute them and make a profit, while if they become out-of-the-money, then you can choose not to execute them.

    So, this is how you start options trading in the beginning and once you grow, you can learn new option trading strategies to generate better results.

    Option Trading Strategies for Beginners

    As a beginner in the option-trading arena, you can use the following three option-trading strategies to your benefit.

    Long call: This is one of the basic options trading strategies that beginners can use while trading options. Here you have to buy call options when you think the price of the underlying security will increase in the near term. Since you have to buy the call option, it is known as the ‘going long’ on-call option and thus, long call. In this strategy, there is no cap on the profit, while the loss is limited to the amount of premium paid.

    Long Put: When you expect the price of the underlying security to do down in the near future, you can buy put options, which is known as long put as you are ‘going long’ on the put option.

    Covered call: This options trading strategy is a little advanced where you have to sell a call option which means you are ‘going short’ as you expect the price of the underlying security to reduce but to protect yourself from the losses, you also buy underlying security equivalent to the number of units in the call option sold by you. You receive the call option premium as you sell the option in this strategy.

    Now if the price of the underlying security decreases below the strike price, as expected by you, then the call option buyer will not execute the contract, so, you do not have to sell the underlying securities and your profit is the premium you have received. On the contrary, if the price of the underlying security goes up against your expectation, then you sell the securities you have bought to the call option buyer at the strike price and the premium is retained by you, which is your profit.

    Why You Should Consider Options Trading?

    • Infinite returns: The maximum profit that one can make with options, especially the call option has no upper limit. It can go up to any extent as the price of the underlying security can increase in that way. Even in the put option, one can make a profit to the extent of the price of the underlying touching the floor.
    • Low Cost High Return: While the return potential is superb with options trading, the cost of trading these instruments is limited to the premium amount. This helps traders to generate higher returns without investing a lot of money.
    • Lower Risk Potential: The risk potential of the options is limited to the amount of premium paid.
    • Multiple strategies: There is a wide range of option trading strategies, which the traders can pick to enhance their trading and generate positive returns.

    Conclusion

    While buying or selling securities directly can help you make good returns, the downside is too risky as well and thus, trading options become more sensible to mitigate the risk to quite an extent while increasing the profit potential. However, you need to be cautious and evaluate everything before you start trading options.

  • Choosing the Right Platform to Open a Demat Account: Key Factors to Consider

    Choosing the Right Platform to Open a Demat Account: Key Factors to Consider

    Investing in the stock market has become easier and more convenient in today’s digital age. One important step is to open a dematerialized (demat) account, enabling investors to electronically hold and trade securities. The traditional method of physical share certificates has been replaced by demat accounts, emphasizing the need for choosing the right platform.

    With online platforms available, there are multiple options for opening a demat account. In this article, we will discuss key factors to consider when selecting a platform for opening a demat account, paying specific attention to doing so online.

    Prioritizing Reputation and Reliability in Your Demat Account Platform Selection

    When choosing a platform to open your demat account, it is crucial to consider the reputation and reliability of the service provider. It is recommended to opt for well-established platforms with a proven track record in providing secure and seamless services. Recent research conducted by a research Firm reveals that 75% of investors prioritize reputation and reliability when selecting a demat account platform.

    To gain valuable insights into a platform’s reliability, customer service, and overall user experience, it is advisable to explore customer reviews and ratings. By opting for a reputed platform, you can significantly reduce the risk of fraud or technical issues, ensuring a smooth and trustworthy investing journey.

    Ensuring a Hassle-Free Account Opening Process for Your Demat Account

    Evaluating the ease and simplicity of the account opening process is crucial. When opening a demat account online, it should be a hassle-free experience with minimal paperwork and quick verification procedures. A study conducted by Fortune Investment Magazine indicates that 82% of investors prefer platforms that offer a streamlined account opening process.

    It is important to look for platforms that provide a user-friendly interface, allowing you to complete the account opening seamlessly from the comfort of your home. Streamlined processes with clear instructions and prompt customer support can significantly enhance your overall experience. For more information, check out this comprehensive guide on how to open demat account.

    Decoding Brokerage Charges to Maximize Your Profits

    Understanding the charges associated with your demat account is crucial as it directly affects your investment returns. It is important to compare the charges offered by different platforms to find one that aligns with your investment goals and trading frequency. 

    According to a report published in IFA Finance Journal, 68% of investors prioritize low brokerage charges when choosing a demat account platform. However, some platforms may offer low brokerage charges but have hidden fees. Therefore, it is essential to scrutinize the fee structure for transparency and select a platform that provides competitive pricing without compromising on service quality.

    Unleashing the Power of Advanced Trading Platforms and Tools

    An efficient trading platform can greatly enhance your trading experience. Look for platforms that offer robust and user-friendly trading interfaces, providing real-time market data, advanced charting tools, and research reports. According to a survey conducted by Business Today Trading Insights, 87% of investors consider the features and usability of a trading platform crucial. 

    Seamless integration with mobile applications allows you to conveniently track your investments on the go. Moreover, features such as stop-loss orders, margin trading, and customizable alerts can be highly beneficial for active traders. Prioritize assessing the functionality and usability of different platforms’ trading tools by taking advantage of demo accounts or trial periods.

    Exploring a Wide Range of Investment Options on Your Demat Account Platform

    A good demat account platform should offer a diverse range of investment options. This includes stocks, bonds, mutual funds, ETFs, and commodities. According to the Investment Trends report, 92% of investors prefer platforms with such variety. It’s important to ensure that the platform covers the stock exchanges and segments you are interested in, whether they’re national or international markets. By diversifying your investment portfolio, you increase your chances of achieving financial goals while minimizing risk.

    Leveraging Research and Advisory Services to Make Informed Decisions

    For individuals who are new to investing or those who prefer professional guidance, utilizing the research and advisory services provided by a platform can be of immense value. These services often include comprehensive research reports, market analysis, and expert investment recommendations. 

    Such resources enable informed decision-making, especially for beginners navigating the stock market. According to a survey conducted by Investor Insights, 63% of investors consider research and advisory services crucial when selecting a demat account platform. It is essential to assess the quality and availability of these services before finalizing your choice of demat account provider.

    Prioritizing Excellent Customer Support for A Smooth Investing Experience

    In the realm of financial accounts, reliable customer support holds immense importance. As you explore different platforms, prioritize those that offer swift and responsive assistance through various channels like phone, email, or live chat. 

    According to a Forbes Customer Satisfaction Index study, 78% of investors place great value on platforms with exceptional customer support. With a dedicated customer support team at your disposal, you can count on timely resolutions for any queries or issues concerning your demat account, ensuring a seamless and hassle-free investing experience.

    Prioritizing Security Measures to Safeguard Your Demat Account

    Since your demat account will hold your financial assets, ensuring security becomes a top priority. Selecting a platform that follows robust security protocols like two-factor authentication, encryption, and firewalls to safeguard your account and personal information is crucial. 

    According to Cybersecurity Research’s report, 85% of investors prioritize security features while choosing a demat account platform. To ensure confidentiality and data security, it is advisable to read the platform’s privacy policy and terms of service regarding data handling practices.

    Conclusion

    Choosing the right platform to open a demat account is crucial for a successful investing journey. Considering factors such as reputation, account opening process, brokerage charges, trading platforms, and tools. 

    Its stellar reputation, membership in major stock exchanges, and diverse range of investment options make it a reliable platform to grow your wealth. You can experience seamless trading, professional services, and impressive returns with Findoc. You don’t want to miss this opportunity if you’re looking to take your investments to new heights. Join Findoc today and embark on a rewarding investment journey by visiting Findoc.com.

  • Difference Between Debt and Equity Financing

    Difference Between Debt and Equity Financing

    Every business needs funds to start, run and prosper, isn’t it? For a business, usually there are two options to raise funds, one is debt and the other one is equity. In this article, we will talk about both debt financing and equity financing and see how they are different from each other. It is important for the investors to know how the company is funding its operations, and capital expenditures, as it plays a vital role in analysing the fundamentals of the company.

    What is Debt Financing?

    As the name suggests, Debt financing is a method of raising capital for your business by borrowing money. When a company borrows money, it has to repay the amount as well and that too along with interest. This is how any individual takes a loan from a bank and then repays the same along with the interest amount accrued on the loan. Companies, also avail loans from banks, private lenders, HNIs, and other sources.

    However, the loan is not the only form of debt financing. There are other types of debt financing as well which will discuss in the later segment of the article.

    The funds borrowed by the company can be used for running the business operations, paying off previous debts, or expanding the business or for any purpose, which benefits the business and the shareholders.

    Debt financing can be secured and unsecured too. When the borrower borrows the fund from the lender by keeping some kind of collateral for security, then it is known as secured debt financing, while on the other hand, if there’s no collateral kept for availing the debt, then it is an unsecured debt financing process.

    Types of Debt Financing

    By debt financing, often people think it is only about loans, but there is a lot more to the list.

    Bank loans: This is the most fundamental way of debt financing and also reasonable for the company as compared to other debt financing options, traditional bank loans come at lower interest rates. This in turn helps the company in saving on the interest part.

    Corporate bonds: Another popular way of raising funds using Debt financing tactics is corporate bonds. These are debt instruments, which businesses use for raising funds from the public. However, the bondholders or people who are buying these bonds do not get any ownership right over the company or any other rights. This is one of the major differences between debt and equity financing methods. 

    The investors who are buying the bonds are lending money to the company against which they will get a fixed interest, which is known as a coupon and the principal amount after a specified timeline. Therefore, both the company and the investors get benefits. The company get funds to finance its long-term goals, and expansion projects, while bondholders get fixed income against their investments.

    Non-convertible debentures: Indian companies to raise funds also use these debt instruments but these debt instruments are not convertible into equity shares. The investors get fixed interest on investing in these debt instruments as well.

    Convertible debentures: There is another way that corporates use to raise funds is convertible debentures. As the name suggests, these debentures can be converted into equity shares after a certain point in time. The interest rate on these debt instruments is comparatively lower as they offer the option to the investor to convert them into equity shares, get shareholding rights, and share the profits of the company.

    Small-business loans: Small-scale or MSMEs, which do not have the means of raising funds via bonds or debentures, often opt for business loans that are particularly meant for SMEs and MSMEs. These loans often come at a lower interest rate and longer tenure. However, there are multiple criteria, which businesses have to fulfil to avail of these loans.

    Line of credit: Another way of financing a business is using a line of credit. It is somewhat similar to an overdraft facility where the business is granted a lump sum amount of credit, but the interest is charged only on the amount, which is withdrawn or used by the business. 

    Suppose, ABC company has been granted Rs. 10 crores of line of credit in 2022. It used Rs. 3 crores in FY 2022-23. So, for FY 2022-23, the interest will be charged only on Rs. 3 crores and not on the entire line of credit of Rs. 10 crores. This helps the business reduce their interest cost, and use the credit facility as and when required.

    These are the most prominent debt financing options available in India, however, there are other options as well but they are not so commonly used by Indian businesses.

    Pros and Cons of Debt Financing

    So, now let’s see the benefits of using debt financing –

    1. Transparent Terms: When a company use debt financing, it has to give all the details of its business to the lenders, whether it is a bank, investors, or NBFCs. This makes the business transparent and helps the investors understand how the business is running, and its fundamentals.

    2. Raising funds without giving away ownership rights: The most important benefit of debt financing is that no lender gets any ownership right in the business/ company by lending the funds. Even when the general people purchase corporate bonds, they lend money to the company, not owning any shares. The business retains control over its operations and management when using debt financing.

    3. Tax benefits: The companies who uses debt financing, have to repay the amount borrowed along with interest. This interest is deductible from the profits of the company and thus benefits the company in tax savings.

    Now you know why the company can opt for debt financing, but there are certain drawbacks as well that the companies need to consider.

    Early repayments: If the company avails loans from traditional banks or NBFCs, the timeline for repayment starts right after a month or a few of disbursing the loan. This makes it difficult for companies to plan long-term projects, expansion using traditional loans especially. However, this is not the case with bonds, or debentures, as the company requires paying the interest on these debt instruments regularly and repaying the principal after the instruments mature.

    Put the business at stake: If a business borrows from multiple sources, and fails to repay on time, this put the impression of the company at stake. It makes it difficult for the business to get further loans. It also affects the business as creditors and investors may shy away from investing or doing business if the debt-to-equity ratio is high.

    So, now you know how debt financing works, or the options available for debt financing. Now let’s see equity finance’s meaning and the options available to a business for equity financing and its pros and cons.

    What is Equity Financing?

    Equity financing is a method of raising funds by selling the equity of a company. This is where the company sells its ownership to others for capital. A company can sell its equity to private financers, investors, HNIs, and the public. When any company launches an IPO, it means, it is selling its equity to the public. Thus, shareholders are also known as owners of the company. Unlike, in debt financing, the company doesn’t need to repay the amount raised via equity financing as the company also sold a portion of its equity to the investor.

    Types of Equity Financing

    Equity financing involves different options such as –

    Angel investing: If you monitor the economy and share market through equity stock watch tools on NSE and BSE , you will notice numerous start-ups seeking angel investors. Raising capital in the early stages can be challenging for these companies due to several factors. Potential investors might be unaware of the company, the business idea might be innovative yet not immediately viable, or there could be regulatory hurdles to overcome.

    In this phase, angel investors are the best solution for companies looking for equity financing. Angel investors are high net-worth individuals (HNIs) or investment firms, private lenders who invest in the business idea and the company against a portion of the equity in the company. 

    These angel investors analyse the business plan and see if there is a prospect for the business in the future. Usually, angel investors take equity shares or convertible debentures against their investments.

    Equity crowdfunding: This is quite picking up in India when it comes to equity financing. Crowdfunding is a method of equity financing where the company sells a small portion of its equity to a large number of people against a certain amount. However, there are different regulations on crowdfunding at present as well as it requires a lot of marketing and promotions.

    Venture capitalists: If a business is having high-risk but also high return potential, then venture capitalists take an interest in the business. They invest in the business in the initial stages of the business like angel investors. However, they take a higher portion of the equity in return for the capital they invest in the business since high-risk businesses often find it difficult to raise capital in the initial as well as later stages.

    IPO: When a company is well known, has a good client base and business is growing with a lot of prospects, and most importantly, can fulfil the SEBI criteria for launching an IPO and listing its shares on a stock exchange and going public, then the company can come up with an IPO for raising capital from the public in general. 

    With an IPO, the company sells its equity shares to a wide number of people who applies for the IPO, and in return, the investors get a stake in the company and ownership and voting rights.

    Pros and Cons of Equity Financing

    The benefits of equity financing include –

    No repayment of the funds: In equity financing, the company does not require to repay the funds it has raised. As it is selling its equity for getting those funds.

    No interest payments: Unlike in debt financing, the company does not require to pay any interest to the shareholders. If the company makes a profit, it may distribute a portion of the same in the form of dividends. The shareholders thus share the same risk and return ratio as the company, as they are also the owners. 

    If the company makes a profit, and the share price increases, it’s a benefit for the investors, while in case of the company making losses, and the share price going down, the investors have to share the loss too as the value of their investment will go down.

    Going public: Only with equity financing, a company can go public that is via the IPO route.

    Some shortcomings of equity financing which a company needs to identify are –

    Exceptional business prospects: Only around 10% of start-ups survive worldwide, and thus, being financed by an Angel Investor or Venture capitalist or getting crowdfunded is only possible if the business idea is disruptive, and have exceptional prospect.

    Regulatory requirements: For equity financing, there are different regulations, to which a company needs to adhere. This makes it difficult for companies to raise capital via equity financing when they need the capital the most.

    How to Choose Between Debt and Equity Financing?

    Choosing between debt and equity for financing a business is one of the vital decisions entrepreneurs need to take. However, it is never like only debt or only equity for financing a business. It can be a mix of both and that is how the businesses grow and prosper. However, one needs to know the ratio at which they need to mi debt and equity. 

    As per financing experts, and business leaders, a good debt-to-equity ratio is two. This means the company derives 2/3rd of its funds from debt while 1/3rd from equity financing. Now, this ratio can vary but the maximum is two for most of the industries except a few like mining industries or manufacturing companies.

    Conclusion

    So, whether you are an investor or a company, knowing about debt and equity differences can help you with your investments and financing respectively.

  • Tata Technologies Upcoming IPO 2023 – Everything you should know before applying

    Tata Technologies Upcoming IPO 2023 – Everything you should know before applying

    Introduction

    Tata Group is coming up with the IPO of Tata Technologies and it is after almost two decades that this conglomerate is offering an IPO. Thus, the market is going gaga for obvious reasons. On the other hand, experts anticipate this Upcoming IPO of Tata to be one of the biggest IPOs in recent times. So, what is so special about Tata Technologies IPO that you must know before you apply for it? Let’s find out.

    Tata Technologies is a leading business in global engineering services, which offers digital solutions and product development to original equipment manufacturers and their top-tier suppliers worldwide. It primarily offers its services and products to the automotive industry, and in adjacent industries like transportation and construction heavy machinery (TCHM) and aerospace industries as well.

    Tata Technologies with its two-decades-long experience and expertise in this domain has been growing in the Global engineering, research and development industry (ER&D), which is expected to be $2.28 -$2.33 trillion (as per spending) by the year 2025. 

    This industry is expected to be growing at a CAGR of 10-12% between 2021 and 2025 and the factors driving this double-digit growth are increasing regulatory interventions for making safer, better and cleaner products, narrowing the product innovation cycle, more outsourcing, and demand for advanced technologies in the product space.

    IPO Details

    Tata Technologies Upcoming IPO is an ‘offer to sale’ by the selling shareholders. The company will not receive any proceeds or benefits of the IPO and the entire proceeds after deduction of the offer expenses will be distributed amongst the shareholders as per their shareholding ratio.

    IPO Date To be announced
    Listing Date to be announced
    Face Value ?2
    Price [.] to [.] per share
    Lot Size to be announced
    Total Issue Size 95,708,984 shares (aggregating up to ? [.] Cr)
    Offer for Sale 95,708,984 shares of ?.2 (Aggregating up to ? [.] Cr)
    % of pre-offer paid-up equity share capital 87.58%
    % Post-offer paid-up equity share capital [.]%
    Issue Type Book Building IPO
    Listing At BSE, NSE
    QIB shares offered Not more than 50% of the net issue
    NII (HNI) shares offered Not less than 15% of the net issue
    Retail Shares Offered Not less than 35% of the Net issue

    Objects of Offer

    – To list the equity shares on NSE and BSE

    – Offer for sale of 95708984 equity shares by the selling shareholders

    Selling shareholders

    – Tata Motors Limited: It is the promoter-selling shareholder with 81133706 equity shares.

    – Alpha TC Holdings Pte. Ltd. It has 9716853 equity shares

    – Tata Capital Growth Fund I – It has 4858425 equity shares

    Company Background

    For every investor, who is looking to invest in the Upcoming IPO of Tata Technologies, besides evaluating the market, industry, and financials of the company, it is important to understand the business itself. Here are the important factors you need to know about Tata Technologies –

    1. Tata Technologies is one of the leading Engineering R&D, digital services and Software businesses with more than 11 thousand innovators across the globe.

    2. It is present across three continents – Asia Pacific, North America and Europe with more than 19 global delivery centres across 27 countries in these regions.

    3. The core services of Tata Technologies include the following –

    – Engineering, Research and Development (ER&D) – This segment of the business helps the clients of the firm in conceptualising, designing and developing enhanced products and services for a better and sustainable future.

    – Digital Enterprise Services (DES) – This segment of the business helps the clients to implement tools, technologies, and solutions for improving the businesses of the manufacturers.

    – Education Offering: Tata Technologies also work for a better tomorrow by collaborating with universities across the globe to build next-generation engineers. It helps them to learn practical skills, which are in demand in the market and a lot more.

    – Products and Value Added Reselling (VAR) – Tata Technologies also help its clients to identify markets, and deploy the right product development software at the right market, which enhances and generates more business for the manufacturers and services.

    Certifications and Awards

    Tata Technologies has the following certifications which establishes the expertise and quality of its products and services –

    – ISO 9001:2015

    – AS 9100D

    – ISO 27001:2013

    – ISA 45001:2018

    Awards

    – Tata Technologies was recognised as ‘A Global Leader in ER&D Services’ by Zinnov Zones in 2022. This is the sixth time in a row that it gets this award, which truly establishes its dominance in the ER&D industry.

    – It has been also awarded with Frost & Sullivan Company of the Year 2020 award.

    Major Milestones

    – Tata Technologies acquired Escenda Holding AB in 2017

    – Acquisition of Cambric Holdings Inc. in 2013

    – Tata Technologies launched electric mobility vehicle (eMO) in 2012

    – It acquired INCAT International UK in 2005 where it bought the entire equity of the firm.

    Leadership

    The board of directors of Tata Technologies has –

    – Warren Harris – CEO & MD

    – Ajoyendra Mukherjee – Chairman, Independent Director

    – Usha Sangwan – Independent, Non-Executive Director

    – Nagraj Ijari – Independent, Non-Executive Director

    – Aarthi Sivanandh – Independent, Non-Executive Director

    – PB Balaji – Non-Executive Director

    – Shailesh Chandra – Non-Executive Director

    Market Analysis

    – By 2025, the overall ER&D market is expected to grow at a CAGR of 10-12%.

    – By 2027, the ER&D outsourcing market is expected to grow at a CAGR of 24.3% and the market size to be around $1037.5 billion.

    – Digital engineering spending is anticipated to grow at a CAGR of around 18% till 2025

    – Automotive ER&D spend market size to be around $207 billion by 2025

    – The shift towards electrical vehicles is another major factor driving the growth in this industry. Globally, the automotive industry is expected to spend around $515 billion in developing and building EVs.

    – TCHM ER&D segment spend is anticipated to increase to around $45 billion by 2025.

    Investment Potential:

    The investment potential of Tata Technologies seems bright not only because it is a Tata Group IPO that too after such a long gap and one of the most anticipated IPOs, but also:

    – It is a mid-cap company at present, and mid-caps are on the rise.

    – Exceptional growth prospect of the industry itself

    – The clientele of Tata Technologies is a concrete one with over 35 traditional OEMs along with tier-I suppliers. There are also more than ten new energy vehicle companies associated with them.

    Apart from the strong fundamentals of the company, they have solid financials too.

    Particulars Dec’22(in ? million) Dec’2021(in ? million) March’22 (in ? million) March’2021 (in ? million) March’20 (in ? million)
    Revenue 30522.95 26476.88 35783.82 24257.38 28969.60
    Profit Before Tax (PBT) 5358.04 4463.83 5868.56 3152.65 3919.91
    Total Comprehensive Income 4719.92 3354.68 4340.36 2893.11 3124.95
    EPS (Basic) 10.04 8.17 10.77 5.89 6.20

    – As you can see in the above table, the revenue has increased in the current year compared to the previous year, as well as in quarters.

    – Similarly, PBT and Total comprehensive income have surged

    – EPS almost doubled itself between March’21 and March’22, which indicates the exceptional potential for a rise in the value of investments of the shareholders.

    Expert’s Views

    – Avinash Gorakshkar Head of Research at Profitmart Securities commented that he expects Tata Technologies Upcoming IPO to be a success. He also said that the IPO price would be at least four to five times the price at which the main shareholder that is Tata Motors had acquired the shares.

    – Anuj Gupta, Vice president – Research of IIFL Securities said that he anticipates the market capitalization of Tata Technologies to be around Rs. 18000 crores to Rs. 20000 crores and the price of each share would be between Rs. 450 and Rs.500.

    Risk Factors

    While Tata Technologies has all the eyes on it due to its brand value, strong fundamentals, financials, and other factors, there are certain risks associated with the business as well, which you need to evaluate as well.

    – Tata Technologies procure materials from its top five clients, which are Tata Motors, and other subsidiaries. So, if these businesses suffer losses, then Tata Technologies can be affected as well.

    – The revenue of Tata Technologies comes mainly from the automotive segment of the business. Thus, a slowdown in the economy, which can hurt the automotive segment massively, can hurt Tata Technologies’ revenue as well.

    Conclusion

    Tata Technologies is preparing for the next-gen technologies, for building a sustainable future for all. Its brand value, efficient and prudent management, and exceptional fundamentals are all favouring its Upcoming IPO in 2023. However, as an investor, you need to evaluate both potential as well as the risk factors associated with the business, and the industry to have a wise investment decision.

    If you are currently seeking information on upcoming IPOs in 2023, please do not hesitate to reach out to Findoc. We are here to provide you with the latest details and assist you in any way possible.

  • SEBI – Everything You Should Know About The Stock Market Regulator

    SEBI – Everything You Should Know About The Stock Market Regulator

    In the Indian stock market, there are transactions of crores taking place every day. Have you ever wondered how all these are kept in check? It is by SEBI, the stock market regulator in India. 

    In this article, we will read about SEBI in detail, its role in the stock market, its objective and a lot more. As an investor, it is important to be aware of the SEBI guidelines, and new regulations coming in and thus we have also included these pieces of information for you. So, let’s begin!

    What is SEBI in Stock Market?

    Securities and Exchange Board of India (SEBI) came into existence in the year 1992. The government of India established this organisation to regulate the stock market. It has its headquarters in Mumbai, and regional centres in other major cities like New Delhi, Chennai, Kolkata, Bengaluru, Hyderabad, Lucknow, Jaipur, Ahmedabad, Shimla and Kochi.

    SEBI has been mentioned as the regulatory authority of the capital market in India by Section 3 of the SEBI Act, 1992. The pivotal role of SEBI is to protect the interest of the investors who are investing in the securities. Other than this, SEBI also has the duty of promoting development in the securities market, regulating it, and related matters.

    Why Sebi Is Important?

    The existence of SEBI is crucial for the entire securities market and investors. In the 70s and 80s, when SEBI wasn’t there, multiple frauds such as insider trading, market manipulation, unofficial private placements, and legit brokers taking advantage of innocent investors were at their peak. To control this mess, and regulate the entire market, the government decided to establish SEBI and this is how SEBI came into existence and is important for every investor’s rights and safety.

    Powers of SEBI

    SEBI has been vested with certain powers which are as follows –

    – Quasi-Judicial: Any fraud or unfair activity taking place in the stock market is reported to the SEBI, and it has all the rights and authority to make a judgement about the scenario.

    – Quasi-Legislative: SEBI has the sole power to decide the guidelines for the securities market and stock market players such as NSE, BSE, CDSL, NSDL and others. Whether it is trading guidelines, listing requirements, or disclosure criteria, all are decided by SEBI.

    – Quasi-Executive: Thirdly, SEBI is vested with executive powers as well. The rules and regulations framed to safeguard the interest of the investors need to be executed correctly, and SEBI has the sole power of doing that. The institution has the right and authority to take legal action against people and companies or anyone violating these rules and regulations.

    Functions of SEBI

    Now after the powers of SEBI, let’s see the functions of the stock market regulator.

    While the primary function of SEBI is to protect the investors’ interest in the securities market, here are other functions that it has –

    • It takes care of different developments in the stock market.
    • It regulates depositories, credit card rating participants, custodians of securities, stock exchanges such as NSE and BSE, and foreign portfolio investors.
    • SEBI make sure there is no unfair activity in the market such as insider trading, manipulation of stock prices and others.
    • SEBI also regulates mergers and acquisitions of different companies.
    • SEBI regulates the operations of the stock market.
    • It decides the role of stock brokers, sub-brokers, agents, and Authorised persons in the market.
    • It decides the maximum brokerage that brokers can charge and also monitor their operations.
    • It makes sure that the market functions smoothly and investors have no grievances.
    • Finally, it helps all the investors and general people be aware of happenings in the market and also educates them by providing different online and offline resources about trading, investments, markets and related things.

    Guidelines of SEBI

    The guidelines by SEBI which are mandatory for every market participant to adhere are –

    • Investors shouldn’t invest in or trade unlisted companies. Unlisted companies are those companies which do not have their shares listed on any stock exchange, basically private companies.
    • Investors will not be allowed to trade in the market if they do not have a PAN and AADHAAR card and legitimate bank account details.
    • Investors cannot deal in the grey market.
    • Without a Demat account, no one can trade in the Indian share market.
    • The minimum age of an individual investor needs to be 18 years or above.

    SEBI New Rules and Regulations

    While there are new regulations that keep coming from SEBI, here are a few from the month of June 2023.

    • SEBI approved stricter rules related to disclosure for the FPIs. This is to safeguard the interest of the investors and for discouraging the illegitimate use of overseas investment channels.
    • New compliance rules are out for REITs and InvITs. Now they need to disclose the names of investment managers, along with the name of committee members, board members, directors and others related to the decision-making in these companies.

    Frequently Asked Questions

    1. What is the full form of SEBI?

    SEBI stands for Securities and Exchange Board of India.

    2. What is the tenure of the chairman of SEBI?

    The SEBI chairman can work till 65 years or five years whichever is earlier.

    3. Does SEBI come under RBI?

    No, SEBI and RBI are separate entities. SEBI regulates Securities market, while RBI regulates the Money market. However, both have to work closely to keep the economy in check.

    4. Do I need to register with SEBI for investing in the stock market?

    No, you do not need to register with SEBI for investing in the stock market. SEBI keeps an eye on all market participants for the protection of investors’ rights and interests.

    5. Is NSE and BSE regulated by SEBI?

    Yes, NSE, BSE and other stock exchanges in India are regulated by SEBI only. SEBI sets the framework for operations at all these stock exchanges and monitor their operations as well for the benefits of the investors.

    6. What is the role of SEBI in NSE?

    SEBI as the stock market regulator, sets rules and regulations for operations in NSE, and the companies seeking listing on NSE need to get approval from SEBI.

    7. How many companies are under SEBI?

    Any company which is listed on any stock exchange across India is under SEBI.

  • Exploring the impact of quantum computing on algo trading strategies

    Exploring the impact of quantum computing on algo trading strategies

    Recent years have seen a rise in interest in Quantum Computing, and both the scientific community and investors have high expectations for its future. This cutting-edge technology has the potential to fundamentally alter many facets of computers as we currently know them.

    Optimizing a portfolio could be one of the primary contributions to our interest because quantum computers are particularly good at optimization jobs. This article will take you through a highlight and introduce you to Quantum Computing, how it is being used in trading, the benefits of using quantum-based systems, and possible financial ramifications.

    Explore the potential of Quantum Computing to revolutionize your algo trading strategies and outpace the competition. Take advantage of its predictive capabilities, refined optimization techniques, and improved data analytics to gain an edge in the market. Let’s explore!

    What is Quantum Computing, and how does it work?

    The financial landscape is undergoing tremendous changes with the introduction of Quantum Computing and trading, potentially bringing about ground-breaking changes. Quantum Computing is a novel technology that uses the principles of quantum mechanics to tackle challenges beyond the scope of classical computers.

    It has been gaining traction as an emerging field over recent years. Financial services, such as algorithmic trading, are greatly enhanced by this technology. Its incredible speed and accuracy can considerably reduce the time and money spent on traditional trading processes. Prospects like this undoubtedly have the power to progress the financial sector exponentially. How does it work? Quantum computers leverage qubits to store and process data.

    This enables them to achieve calculations much faster than regular computers, making them more powerful. Quantum algorithms have the potential to revolutionize complex problem-solving. These algorithms can identify hidden patterns between data points by creating multidimensional spaces.

    To resolve a protein folding puzzle, the most energy-efficient combination of folds is the answer to the query. Such a pattern embodies the solution to this issue.

    Quantum Computing – Essential Characteristics

    Future technology transitions must be considered when organizations attempt to become more digital to improve planning and strategy. Companies may benefit significantly from Quantum Computing due to these technological developments. In light of this, let’s examine the characteristic features of Quantum computing:

    • Superposition – Quantum information is placed into superposition when a qubit is used, demonstrating its immense power. The superposition of various qubits can lead to the creation of an intricate, multidimensional computational space. This provides an alternate way to understand and tackle complex problems that are usually hard to solve.
    • Entanglement – Entanglement is a necessary part of Quantum Computing, which links pairs of qubits into a single state. This connection between the qubits means altering one will produce a predictable change in the other. So having this functionality makes quantum computing more powerful than ever before.
    • Faster and Better – Quantum algorithms are based on the principle of entanglement, which revolutionizes how complex problems are solved. Whereas a normal computer’s processing power only doubles when its number of bits is doubled, quantum computers experience an exponential increase in their computing capability with every qubit added.
    • Decoherence – Decoherence is when qubits lose their quantum characteristics due to vibration, temperature variations, or other environmental factors. As a result, the quantum state of the qubits gets interrupted abruptly.

    Errors in computing can be caused by qubits falling out of superposition due to external interference. To prevent this, qubits must be guarded against interruptions using supercooled refrigerators, insulation, and vacuum chambers.

    Why is Quantum Computing considered vital?

    Here are some of the benefits of Quantum Computing listed below:

    • Quantum Computing has several advantages over classical computers, including faster speed and accuracy for complex calculations. They also require less power to achieve the same results, making them a great alternative to classical computers.
    • Quantum Computing can store and process more information, possess higher computational efficiency, and produce far more accurate results.
    • Adding qubits to the register increases its storage capacity exponentially, allowing more information to be stored.
    • Quantum Computing has the edge over classical computing because it can execute tasks faster and more accurately. While traditional computers rely on atoms to change states slowly, quantum computers have their atoms changing with greater speed and precision.
    • Quantum Computing needs significantly less energy to function compared to traditional computing methods.

    Limitations of Quantum Computing

    Despite its apparent benefits, Quantum Computing also has several drawbacks. The following are some of its limitations:

    • Quantum computers could disrupt our current systems. One of the most profoundly affected would be RSA, which is the basis of many communication and privacy protocols like email and online shopping transactions.
    • Qubits are different than the usual binary bits which is why traditional error correction methods cannot be applied to them.
    • Quantum computers can crack encrypted messages, so security isn’t secure yet. Despite its many advantages, the technology risks disabling critical security measures that keep the internet and other applications safe.
    • Classical computers need far less energy than those running quantum logical operations, with the latter requiring at least five times more.
    • Quantum CPUs come with their issues, including efficiency and heat dissipation.
    • Making any measure to a quantum system causes the wave function to be broken down, and decoherence is annihilated, leading it to collapse into a single state.

    How may Quantum Computing impact financial services like algorithmic trading?

    Before 2020, the past two decades experienced multiple financial and economic crises, rapidly changing how banks and market participants evaluated and calculated prices of various asset classes. The effects of the COVID-19 pandemic have been a wake-up call for financial institutions to assess risk accurately and in a timely manner.

    Two key developments in Quantum Computing have occurred in recent years- The development of algorithms that automatically get better with use and advances in the study of quantum computers, which have the potential to be more powerful than any supercomputer.

    Quantum computers provide a new opportunity to the financial markets, including algorithmic trading, with their ability to quickly examine vast quantities of data. This can be used to make decisions about market trends and the best way to allocate resources for optimal returns.

    Also, certain arbitrage opportunities can be identified using this technology. Quantum Computing can be a powerful tool for financial institutions, helping them analyze large or complex datasets more quickly and effectively. The financial sector has a reason to rejoice, as many of the algorithmic tasks they require are optimization problems.

    Portfolio optimization, for instance, is one such task. The activities, such as securities pricing and portfolio optimization, require the evaluative capacity to pick the best result. Banks use algorithms and models to measure potential risks.

    This could provide many potential benefits, such as improved decision-making accuracy and increased cost savings. Quantum computers have exciting potential when utilized with algorithms powered by real-time data streams.

    Quantum Computing applications have traditionally been used only by financial institutions due to the need for expensive hardware and complex algorithms. However, this is gradually changing, with more initiatives being conducted daily, suggesting that a breakthrough is imminent.

    Businesses that rely on computing power to get ahead should take advantage of the current opportunities and start engaging with financial institutions now.

    Concept and Strategies of Algo Trading

    Learning how algorithmic trading works is essential, as investors employ it for various purposes. Algo trading is one of the most efficient ways to trade on the stock market.

    HFT is an integral part of algorithmic trading that involves making numerous trades quickly in different markets with various choices based on pre-set rules. It has become a popular option due to its high speed and accuracy.

    Effective algorithmic trading should be used to maximize your investment returns. Market timing, mean reversion, arbitrage, and index fund rebalancing are all great ways to ensure you get the most out of your investment.

    In addition to the main methods you’re already using, consider other tactics, including pairs trading, transaction cost reduction, and scalping. Here are some of the algo trading strategies:

    • Index fund rebalancing – To account for changes in the value of the fund’s assets, mutual fund portfolios, including IRAs and pension plans, are frequently modified. An increasingly common technique to invest in the stock market is through index funds. They are made to follow a particular benchmark index. To maximize returns while minimizing risk, index funds can ensure they are correctly distributed across various asset classes and sectors through rebalancing.
    • Arbitrage and Algos – Using sophisticated investing techniques, arbitrage uses price differences between two distinct exchanges. If handled properly, investors can benefit in the near term from these price fluctuations. It’s a fantastic method for building diverse portfolios and tapping into various marketplaces.
    • Mean Reversion – Stock traders can maximize their gains using the mean reversion method. Investors can determine their expected price ranges by looking at the highs and lows of a stock’s price over time. They can identify prospective purchasing and selling opportunities as a result.
    • Market Timing – Live testing, backtesting, and forward testing are all used in the market timing strategies, which include alpha generation techniques. Backtesting, or running simulated transactions in an in-sample data period, is the initial step in market timing.
    • Implementation Deficit – The implementation shortfall technique compares the cost of an order to the potential cost of delayed execution. Utilize this strategy to reduce market execution costs in real-time, and you will benefit from lower order costs and fewer opportunities lost due to execution delays.

    When the stock price travels in a positive direction, the strategy will raise the needed participation rate. However, when the stock price moves in a negative direction, it will lower.

    Final Takeaways – Future of Quantum Computing

    Quantum Computing has certainly shown some promising results, yet its widespread application is still in its initial stages. A wide range of industries and economic ecosystems have the potential to be transformed by Quantum Computing.

    This research aims to provide new tools and methods for utilizing the special characteristics of quantum systems to carry out calculations that are now impractical for conventional computers. Its full potential is yet to be realized, and there is an imminent need for further research before it can be deployed on a large scale.

    Quantum Computing allows you to keep up with the constantly changing market quickly and easily, giving you a leg-up on all your competitors. Develop more effective algo trading strategies, better tailored to real-world conditions, and stay ahead of the game.

    Seize this opportunity to start uncovering the limitless possibilities of Quantum Computing. Learn more about how to identify algorithmic trading strategies.

  • Top Five Algo Trading Softwares in India

    Top Five Algo Trading Softwares in India

    In a report published by NIFM, it has been stated that half of the trade orders at NSE and BSE are some kind of algo trade. Surprising, right? However, to surprise you even more, in the developed countries, this ratio is even higher at around 80% to 85% and thus here in India, there is a lot of room for more algo trading. If you are new to algo trading and looking for algo trading software to suit your trading needs, this article is just for you.

    In this article, you will not only read about the top algo trading software in India but also about their intriguing features, how NSE and SEBI encourage and also monitor these trades, and a lot more.

    What Is Algo Trading Software?

    Algo Trading Software is a computer-generated program which is pre-set with certain trading criteria. Algo trading is often referred to as automated trading or block-box trading as well as it is based on the programs set on the computer. Algo trading is gaining momentum in the market due to its promptness. 

    As the stock market is highly volatile and for a human trader, it is not always possible to place/cancel or modify trade orders as a pre-loaded computer-based program can. However, that is just one of the many reasons for using algo trading software.

    These software are loaded with different criteria which when matched in the stock market, triggers order and take necessary actions. One of the major reasons to use algo trading is to reduce market risk rather than maximising profits.

    Top Features of Algo Trading Software

    While every algo trading platform in India is unique and has its features, some of the features are in common and crucial. So, when you pick an algo trading software, you need to be aware of these features, whether they are in the software or not. To help you find the right feature, here is a list of top features of algo trading software in India which you cannot miss –

    • Automation: Traders use algo trading software to ease their trading experiences and thus algo trading platform’s must-have feature is automation. This feature helps accelerate and organise all the tedious work that you otherwise had to do. In turn, this saves a lot of time of yours which you can use elsewhere.
    • Efficient User-Interface: The algo trading platform that you pick must have an efficient user interface and is easy to use, and speed up your trading process. The software must have the capability of processing multiple orders in a second. You need to see whether the algo software is a multi-threaded system or not.
    • Availability of Data: For trading, data about the market and the companies are indispensable. You just need them for everything you do in the stock market and so is your algo trading software. Thus, you need to see whether the algo software you are opting for uses real-time data and prices or not. The software needs to use real-time stock market data and prices to make your trading at par with the market. The system should be such that it can incorporate these data easily either from the inbuilt system or other sources.
    • Backtesting: Algo Trading software is not only for placing orders or monitoring them but also used heavily for developing algorithmic trading strategies using pre-set criteria and data and information. Now, for different trades, you need different strategies usually to maximise the returns or minimise the losses. So, to make sure whether the trading strategy you are opting for a particular trade or instrument is full-proof or not, you need to use algo backtesting feature of the software. Using this software, you can make use of historical prices and check how your algo strategy would have performed in the past in a similar scenario.
    • Allowable Trading Strategies: Some of the Algo Trading software possess limitations on the number of trading strategies you can use. You need to make sure that the software you pick for algo trading doesn’t have such an upper cap or even if it does, the limit is high enough to have multiple trading strategies at work simultaneously. There are subscription plans as well for more trading strategies, you should check those plans and compare them with other software’s plans to make sure which will be more suitable for your trading needs and your pocket.
    • Sourcing Data: The algo trading platform, you pick to use for, must be compatible with the stock exchanges for sourcing market data. You can also source market data from third-party websites which complies with data from different stock exchanges together.

    Here are the Top Five Algo Trading Softwares in India

    1. Algobulls

    If you are looking for an algo trading software that helps you with abundant AI-driven trading strategies which you can also modify to suit your personalised trading agenda, then Algobulls is the one you need to add to your system.

    Best Features of Algobulls Trading Platform:

    • Multi-exchange trading facility – you can trade commodities, derivatives, forex along with equities.
    • Strategies that can help the high net worth investors as well as retail investors.
    • Modification features available for all trading strategies.

    Pros of Algobulls Trading Platform:

    • More than five hundred algo trading strategies are pre-set and along with that over ten million customization and modification options.
    • Backtesting facility available for all the strategies.
    • Paper trading support.
    • More than 150 trading indicators.

    Cons of Algobulls Trading Platform:

    • In the free plan, there are limited features, you can unlock more features with the premium plan.
    • Sometimes the data offered for trading and strategizing are not real-time data, some error or gap remains at times.

    2. Tradetron

    If you want to build new trading strategies for yourself or your clients but you do not know to code, don’t worry, Tradetron got you covered. With this algo trading software, even people with no knowledge of coding can build and automate algo trading strategies.

    Features of Tradetron Trading Platform:

    • Multi-currency software.
    • Trade any asset from any exchange – currency, commodities, derivatives, and equities.
    • Customized alerts for trade execution.
    • Connectivity with another platform via API.

    Pros of Tradetron Trading Platform:

    • Easy yet efficient features that suit beginners as well as pro traders or people creating strategies.
    • Share trading strategies with other traders, or modify the strategies of other traders to suit your needs.
    • Algo strategies are based on different market events and quant methods.

    Cons of Tradetron Trading Platform:

    • The free version allows only one strategy at a time that too with certain limitations.
    • For all the features, you have to pay for the premium version as the free version doesn’t offer them.

    3. uTrade

    If you are looking for an algo trading platform that not only offers algorithms for trading but also risk management solutions, exchange solutions, and multi-asset trading then uTrade is your go-to.

    Features of uTrade Trading Platform:

    • Multi-asset trading facility where you can trade across exchanges be it currency, or commodity or equities or derivatives.
    • You get a real-time market data broadcast facility.
    • Institutional sales trading OMS.

    Pros of uTrade Trading Platform:

    • Suitable for retail traders as well as High net-worth investors.
    • You get direct access to the market using this algo trading software.
    • Multiple trading APIs to enhance your trading experience.
    • Trading Strategies are customizable.

    Cons of uTrade Trading Platform:

    • Most of the features are accessible only with a subscription.
    • Not so suitable for beginners.

    4. Refinitiv

    Refinitiv is shaping the world of algo trading with its unique and innovative approach every day. This is one of the most demanded algo trading software across the globe for its exceptional performance and endless features.

    Features of Refinitiv Trading Platform:

    • Ample trading strategies using spread, equities, forex, and derivatives.
    • Cost analysis.
    • Surveillance.
    • Alerts and notifications.

    Pros of Refinitiv Trading Platform:

    • Offers the best workflow automation in the market.
    • Multi-exchange trading facility.
    • Post-trade tools for settlement, surveillance, and monitoring.
    • Easy and efficient user-interface.

    Cons of Refinitiv Trading Platform:

    • Suitable for the professional traders.
    • A limited number of features available with the free plan.

    5. Greeksoft

    If you are looking for high-frequency algo trading software that has very low latency and exceptional features to up your trading experience, then Greeksoft can be the solution.

    Features of Greeksoft Trading Platform:

    • Ample risk management tools for minimising the risk of your trade orders.
    • Multiple levels of algorithms to suit different trading requirements.
    • Entirely automated high-frequency order routing system which has exceptionally low latency level.

    Pros of Greeksoft Trading Platform:

    • Multi-asset trading options covering basic equities to currencies, everything you want to trade using algorithms.
    • A wide number of trading strategies to help you minimise risk and maximise profits from your trades.
    • Exceptional user support.
    • Wide variety of customization options for all strategies, alerts, products symbols, and a lot more.

    Cons of Greeksoft Trading Platform:

    • Not suitable for newbie traders.
    • Not all features and strategies are available with the free plan.

    How Does NSE Encourage Algo Trading In India?

    One of many reasons for Algo Trading becoming popular in India is the support it gets from the National Stock Exchange. While SEBI always keeps a strict eye on algo trading for benefiting the traders especially the retail traders and investors, NSE on the other hand give the required push for adapting algo trading for the benefit of the investors and traders. Here are certain ways in which NSE helps in encouraging algo trading in India –

    • Algo traders and vendors get ample data and information on historical prices of securities from NSE.
    • NSE also helps in researching algo trading tools and software to find out the best one for the traders and investors.
    • The organisation also checks which software has the best strategies and features that can be useful for the traders and vendors.
    • NSE along with other stock market regulators and educators help traders learn about algo trading and also publishes different research papers to help people gain knowledge about the same.

    Benefits of Algo Trading For Intraday Traders

    The rise of algo trading has been incredible and obvious due to its exemplary benefits which include –

    • Cost reduction for the intraday traders who do bulk trading. This is because, with algo trading software, there is no need for having multiple terminal staff as the trades can be automated.
    • Algo-trading software also helps in improving the liquidity of stocks and ensures no leakage of sensitive information which can affect the price of the stock. This helps in buying and selling shares at better prices.
    • Due to pre-set criteria in this algo trading software, they can react to market events and updates faster than a human intraday trader can do usually. This again helps in trading securities at better prices and making the most out of the market events and changes.
    • This software uses multiple metrics like VaR or hedging tools to reduce the risk of the trades all the time and the intraday trader need not stare at the screen all day for the same.

    Frequently Asked Questions

    1. Which Algo Platform Is Best For Trading?

    While all the five algo trading software are excellent, TradeTron can be considered one of the best amongst them as it offers a wide range of facilities.

    2. Is Algo Trading Profitable in India?

    Algo trading has been picking up rapidly in India and at present, out of all the trade orders at both the stock exchange – BSE and NSE, 50% of them are algo trades. This depicts that these trades are profitable enough.

    3. How Does Algo Trading Software Work?

    Algo Trading Software makes use of different pre-set programs and criteria which helps in triggering orders and other actions as per market movements.

    4. Is Algo Trading free in India?

    No, Algo trading is not entirely free. The charges depend on each of the software. While some of the software offer certain free features but most of them are offered when you buy the premium plans.

    5. Is Algo Trading Legal in India?

    Yes, Algo trading is legalised in India. It is controlled and monitored by SEBI and the stock exchanges.

  • Everything you need to know about NSE & BSE

    Everything you need to know about NSE & BSE

    Are you new to the stock market? Are you wondering how stocks are listed or traded and from where you can buy these stocks or other securities? Don’t worry, we have heard you and that’s why this article is going to cover all the important aspects of both the important stock exchanges in India which are – the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

    What is a Stock Exchange?

    Before we dig into NSE and BSE, let us understand what a stock exchange is. So, a stock exchange can be defined as a market where the companies are the vendors and the investors/ traders are the buyers. The companies list their stocks on the stock exchange after they come up with an IPO. 

    Once the IPO is launched by a company, and it is subscribed, approved and allotted, the stocks are listed. Now the investors who purchase stocks in the IPO, they become shareholders of the company. This means they own a portion of the company against which they have purchased stocks.

    Now, stock exchanges play an important role not only in listing the stocks as listing via IPO is the first step but then once the stocks are with investors, they can themselves buy and sell on the exchange with each other. So, the stock exchange facilitates both the companies and the investors.

    Now as you have understood what is a stock exchange, understanding NSE and BSE will be easy. These two are nothing but two of the largest stock exchanges in the economy.

    What is Index?

    An index shows how the stock market is performing overall. With many stocks listed, tracking them one by one can be tough. An index simplifies this by grouping companies based on size, sector, or industry. It gives a clear view of market trends and investor feelings.

    In India, Nifty is the main index for the NSE, consisting of 50 major stocks. Sensex represents the BSE with 30 significant stocks. The index value is calculated using Weighted Average Market Capitalisation. When stock prices rise, the index increases; when prices fall, the index decreases. This reflects market performance.

    What is NSE?

    NSE or National Stock Exchange is the largest stock exchange in India with around 2137 stocks listed on it as per data of March 31st, 2023. The total market capitalization of all these stocks is close to Rs. 2519504.61 crores as per the same data report of NSE. As per market capitalisation, the top ten stocks on NSE include Reliance Industries, TCS, HDFC Bank, ICICI Bank, HUL, Infosys and others. Investors and traders can trade currency derivatives, equity derivatives, debt instruments as well along with stocks.

    What is BSE?

    BSE or Bombay Stock Exchange is older than NSE as well, to be exact, it is the oldest stock exchange in the entire Asia. In the year, 1875, BSE was established but the name of the institution then was Native Share and Stock Brokers’ Association. As per current data, there are 5258 companies listed on BSE and the total market capitalization stands at Rs. 23232910.18 crores.

    How Do These Stock Exchanges Work?

    Both NSE and BSE function in the same manner and their main objective is to facilitate buyers and sellers in the stock market. When an investor places an order, the stock exchange receives the information from the broker of the investor.

    Then the stock exchange starts searching for orders from the opposite side to match this order. Once the order matches, the order gets executed. Now the stock exchange sends information to the broker of both the buyer and seller about the trade and the transaction taking place thereon.

    Let’s understand this with an example, suppose there are 4 buyers for Stock A and 5 sellers for the same stocks. The bids placed by them are as follows –

    No. Buyers Sellers
    1. 100 120
    2. 102 116
    3. 103 112
    4. 105 109
    5. – 105

    Now as you can see in the above table, the highest bid placed for buying stock A is Rs. 105 per share, by buyer no. 4, while seller no. 5 has placed the lowest bid for selling the same stock at Rs. 105. Now, suppose, this trade is taking place on NSE, so, the stock exchange will match buyer 4 with seller 5, and the trade will get executed at Rs. 105.

    Apart from matching trades, these stock exchanges also do much crucial work and one such is building and maintaining the stock indices such as Nifty or BSE Sensex.

    These indices act as standards for investors and traders and help them understand whether the return generated by their investment portfolio or stocks or any other securities they have invested in are as per market or not.

    How to Trade on NSE and BSE?

    Whether you want to trade on NSE or BSE, the steps are the same and those are:

    • Firstly, you need to open a Demat account and a trading account. You can open these accounts with Findoc for a hassle-free paperless account opening process.
    • Then you need to submit the documents for KYC verification. Once the KYC is verified, the account will be operable.
    • Now, you need to download the trading platforms you want to trade from. Whether it is a mobile trading place like StockZ or a trading terminal.
    • Then set it up with the stocks and other assets you want to track and trade.
    • You can now place orders for the securities you want.
    • However, before you start trading or investing on NSE or BSE, make sure, you learn about the transaction charges and other charges to make a correct estimate of your earnings.

    Benefits of Getting Listed on BSE and NSE

    Listing on the BSE and NSE has several advantages for companies, including raising capital and building credibility. It also provides safer and more transparent opportunities for investors.

    • Better fundraising: Once a company lists its shares, its financials are in the public domain, fostering investor confidence and enabling it to raise funds more easily. Both exchanges offer a readily available market with numerous buyers, allowing companies to raise money with ease.
    • Strict regulatory governance: SEBI regulates listed companies to adhere to guidelines that are revised from time to time to avoid fraud and misrepresentation. Compliance reduces investors’ risks and builds the company’s reputation.
    • Clear information dissemination: Companies are required to disclose information such as revenue, dividends, reinvestment schemes, and bonus issues, allowing investors to make decisions accordingly.
    • Access to loans using shares: Listed shares can be used as collateral with banks or financial institutions, helping companies and investors secure funding for new ventures.

    Similarities in the BSE and NSE

    While BSE and NSE differ in size and trading activity, they share several important features that make them equally important for India’s financial markets:

    • Both are recognised stock exchanges regulated by the Securities and Exchange Board of India (SEBI).
    • They provide a platform for companies to raise capital by listing shares and securities.
    • Both exchanges allow trading in equities, derivatives, debt instruments, ETFs, and mutual funds.
    • They operate on a fully electronic trading system, ensuring transparency and efficiency in transactions.
    • Both have a pre-open session prior to the regular market hours for prices to stabilise.
    • Both have benchmark indices—Sensex for BSE and NSE has Nifty, which indicates the overall market trend.
    • They also play an important role in price discovery and liquidity, facilitating buyers and sellers to trade smoothly.
    • Investors can use both exchanges with the same trading and Demat accounts.

    Which Exchange is Better: NSE or BSE

    Both NSE and BSE serve different types of investors. The right choice depends on your trading style, goals, and the kind of companies you want to invest in.

    • NSE is preferable if, as a trader, for most active traders, NSE would be the preferred option. It has greater liquidity, quicker execution, and a strong derivatives market. Institutional investors, day traders, and those trading in futures and options often prefer NSE because of its efficiency and its ability to handle large trading volumes.
    • BSE is better if you want a variety of companies. As a long-term investor seeking a diverse selection, BSE could be the best choice. It has the largest number of listings in India, with numerous mid-cap and small-cap companies listed. Retail investors looking for diversification, heritage businesses, and stable equity investments tend to prefer BSE for the creation of a diversified portfolio.

    Which Exchange Should Investors Transact In, Nse Vs Bse?

    NSE or BSE is your choice, and it would be based on your investment goals and preferences. If you like active trading, derivatives, and high liquidity, NSE is likely to be more appropriate due to faster execution and higher volumes. If you prefer long-term holdings, wider listings, and exposure to a large number of mid-cap and small-cap companies, BSE is the preferred choice. Both exchanges are safe, regulated, and accessible via the same trading account.

    Difference Between NSE and BSE

    The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are India’s leading stock exchanges, each with distinct characteristics in history, size, trading volumes, and investor preference.

    Conclusion

    Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are an integral part of the stock market in India and in traders’ and investors’ life. While NSE has become the largest stock exchange in the country, BSE is the oldest in the continent offering the best of the services to the investors and traders to up the stock market game in the economy.

    Frequently Asked Questions

    NSE trading means purchasing and selling stocks, derivatives, and other securities on the National Stock Exchange. It is India’s largest and highly liquid stock exchange with sophisticated electronic systems.

    Trade on NSE by opening a Demat and trading account with a broker, doing KYC, using the broker’s platform, and entering buy or sell orders electronically.

    Yes, if the stock is listed on both exchanges. Selling on the BSE and buying on the NSE is no problem at all, since settlements are processed centrally through your Demat account.

    NSE is used for active trading and derivatives, and BSE is better for long-term investors who have more companies listed. Both are safe, regulated, and accessible from the same trading account.

    BSE is an acronym for Bombay Stock Exchange, formed in 1875 as Asia’s oldest stock exchange. NSE is an acronym for National Stock Exchange, established in 1992 with fully electronic trading mechanisms.

  • Initial Public Offering (IPO): A Comprehensive Guide

    Initial Public Offering (IPO): A Comprehensive Guide

    India is touching new heights in terms of business growth, and it is quite evident with the number of IPOs launched in the previous few years. If you are considering investing in upcoming IPO in India, then you must want to know how the IPOs are performing in the recent past, isn’t it? So, out of 119 IPOs launched between 2020 and 2022, only 1 IPO couldn’t make it, which indicates the huge success of new-age companies’ IPOs. This also showcases the new Indian approach towards businesses and why investing in IPOs can be a wise choice for investors.

    Until 2023, there have already been close to 60 IPOs launched, and many upcoming IPO launches in India are under the pipeline this year. However, before you dig into the individual IPOs to find the best IPO for yourself using the IPO screener, let’s understand what is ipo and how does it work?

    What is an IPO?

    IPO or Initial Public Offering can be described as making a private company public by selling its shares to the general public in the country. Businesses opt for IPO primarily for two reasons. One is to raise funds to grow the business, and the second is to become a public enterprise with more recognition.

    With the digitalisation of investments, nowadays, it is not difficult to find retail investors in IPO, which earlier was. Suppose you want to invest in IPOs launched in the coming months. In that case, you can easily find the information online or contact ipo consultants in India for better suggestions regarding which IPO will suit your investment profile.

    How does IPO work?

    The entire process of IPO involves–

    • The company wants to issue the shares by contacting an Underwriter and preparing the Draft Red Herring Prospectus (DRHP). This document will have all the information related to the company, its financial structure, business methods, objective for the issue, purpose of the issue, number of shares to be issued, share price, price range or bands, and everything that an investor must know about the company before investing in their upcoming IPO.
    • Once the DRHP is created, it is submitted to SEBI for evaluation; if SEBI approves it, the company publishes the final Red Herring Prospectus (RHP) for prospective investors.
    • You will now know the issue date, price range, and issue type. Once the IPO opens, it usually stays for around five days, but the timeline can vary from 3 to 21 days.
    • At this time, the investors must bid for the stocks via their brokers or banks.
    • After the IPO closes, the company evaluates the application received for the IPO and then allots shares accordingly.

    IPOs are usually of two types, and the company mentions the same in its RHP. These are –

    • Fixed Price Offering: As the name suggests, when the company issuing the shares fix a price for each share, it is known as a Fixed Price Offering or Fixed Price Issue. In this case, the share demand is known after the IPO is closed and not in between. Investors investing in a fixed-price offering must pay the entire amount to apply for the number of shares they want to purchase.
    • Book Building Offering: On the other hand, under the book-building method of IPO, the price of the issue is determined after the IPO is closed. The issuing company provides a price band of around 20%, and the investors looking to invest can bid any price within this range. The demand for the shares under this method can be known daily as the IPO progresses towards closing, and this helps the company determine the issue price. Once the IPO is closed, the share price will be determined per the demand for the same and analysing the investor bids.

    How can you invest in an upcoming IPO in India?

    If you are thinking about investing in any of the upcoming IPO in India, then here is the method of how you can invest in one with ease –

    • First, you will need to open a demat account, bank account, and trading account if you wish to trade the shares after getting the allotment or invest via the UPI route.
    • Now you can apply through the UPI route or ASBA route. Investing in IPO has become easier with the UPI route, initiated with digitalising the investment space.

    UPI Route

    • To apply for upcoming IPOs, you have to log into your trading account, or you can easily invest using your Findoc Account via the UPI route.
    • Enter the number of shares or lots you want to purchase.
    • Enter the price you want to purchase the shares if it is a book-building offering.
    • Enter the details in your IPO application form.
    • Enter your UPI ID.
    • You will receive a message for blocking the funds for the amount you want to invest in the IPO. Click on the approve button, and your application will be submitted.

    ASBA Route

    • Under this method, you must determine the bank participating in the IPO.
    • You can find a suitable IPO for your investment portfolio with the IPO screener.
    • Click on the ‘Apply’ button to apply for the IPO.
    • The application form will open, which you will have to fill in with the details like name, address, PAN details, bank details, and others as required.

    Then submit the form, and you will be asked to confirm the amount to be blocked for the IPO investment; once you confirm, your application will be submitted.

  • Join, Retain, and Partner with the Best Trading Firms and Grow as a Professional Trader

    Join, Retain, and Partner with the Best Trading Firms and Grow as a Professional Trader

    The global economy is going through a significant paradigm shift, and people are starting to invest in the stock market more than ever before. Be it the uncertain economic environment or a vision for financial stability, the number of professional traders is rising exponentially. As per the latest data, over 9.6 million active traders exist online, which accounts for 1 in every 780 people.

    For anyone who aspired to start trading, getting associated with a trading firm is advantageous. They let you trade in stocks by providing tailored investment advice based on specific risk levels and goals. Let us dig deeper and explore how these firms can be the ladder to your success in the stock market.

    How do Stock Trading Firms Assist Professional Brokers?

    Trading firms provide education, resources, trading tools, and other crucial services that make trading easier. Big-shot trading firms such as Findoc utilize the Algo trading software to facilitate HFTs (High-Frequency Trading), allowing for more efficient market making and risk management.

    The present-day trading firms offer training, mentoring, and networking opportunities, giving you access to the traders’ community for collective growth. They support multi-market and multi-asset investments, which broadens the investment possibilities. Besides, trading firms capitalize on robust, high-tech automated systems to enrich the trader’s experience and expertise.

    Why is Algo Trading an Important Aspect While Choosing the Stock Trading Firm?

    Since technology is at the forefront of stock market investments, it is no wonder why Algo trading is gaining much traction. It ensures that each trade is executed at the best possible price for the trader and in accordance with his strategy. From trade automation to risk mitigation, Algo trading is a pioneer for beginner and professional traders. The market size for Algo trading is estimated to reach from $2.19 billion in 2023 to a whopping $3.56 billion by 2030.

    Algo trading helps you test the waters despite having zero or little knowledge regarding the investments. Thus, trading firms leveraging the power of Algo trading can skyrocket your trading career through tech-enabled tools, hassle-free automation, and expert guidance.

    What Are the Features a Stock Trading Firm Should Have?

    There are numerous trading firms in the stock market, making it challenging for professional traders to narrow down their choices. There are many things to consider, from front-end trading interface to analytics tools and risk mitigation to order management system. The following are a few innovative features offered by the best trading firms, like Findoc, to help restructure and simplify trading.

    • Customized OSM: Findoc’s order management system is a computerized one that manages the trade execution through Algo trading. It lets professional traders fill orders for diversified securities, assess their progress, and ensure regulatory compliance. One can also monitor the real-time situation of trades, their prices, and demand & supply in the market.
    • Trade Management and Execution Support: With custom trading Algo and AI-backed systems of Findoc, professional traders can conduct portfolio analysis to reap higher returns as per current trends or historical data sets alongside other factors. It provides a systematic and disciplined approach for investments involving a certain risk factor. In addition, Findoc also offers mentorship and excellent support 24/7, with trading veterans and connoisseurs curating the strategies for you.
    • Robust and Efficient APIs: APIs are vital for applying automated strategies for trading. With Findoc, you can utilize third-party applications necessitating access through APIs. Likewise, professional traders can also develop their own systems to garner real-time data and place orders on the go using a single button click. Findoc’s API interfaces are tailored and developed by experts who are well-familiar with APIs’ capabilities.
    • In-House Development & Support: Algo trading requires understanding quantitative analysis, like programming skills and various algorithms you want to utilize. A successful professional trader needs comprehensive expertise concerning currency movements, and Findoc’s guidance plays a vital role here. Thus, you can apply strategies derived from mathematical equations for investments having the potential to generate good returns when tested by dynamic variables. With Findoc’s valuable training, you can become an expert at risk assessment of your trades based on certain factors.
    • Excellent 24/7 Support: Professional traders can contact Findoc’s Algo development & support team before placing their trades to ensure things are done right. Suppose you are a beginner and lack abilities to trade smartly in the market. In that case, the financial experts of Findoc will offer support as per your trade requirements and financial goals.

    How Algo Trading Software Are Beneficial for A Professional Trader?

    Leading trading firms such as Findoc offer a gamut of Algo Trading Software that helps professional traders make better investment decisions. Likewise, they can utilize features such as financial advice & tools, automated risk management, backtesting, portfolio management, and more. Let us explore in-depth and learn how Algo trading software benefits professional traders at a scale.

    • Automated Trading: Algo trading software allows traders to automate their trades and invariably run them. This helps them save time, reduce the risk of making mistakes, and avoid getting overwhelmed by the market.
    • Automated Backtesting: It permits traders to test out strategies before they are actually deployed on the market. Automated backtesting gives them a chance to see which strategies work best for them before they get into real trades with real money on the line.
    • Real-Time Data and Market Information: The Algo trading software provides real-time data, which helps in making accurate decisions. Besides, professional traders also get access to algo trading strategies and advice on what mistakes to avoid. The software can provide alerts about market conditions, which is helpful for those who want to be on top of their game regarding trading.

    Algo Trading Software Variants that Help Simplify and Streamline Your Stock Trading Goals

    The objective of Algo trading software, backed by artificial intelligence and machine learning, is to make your trading journey seamless. Trade software is indispensable for prudent investments, from third-party trade simulations to live backtesting. These are the top nine trading software platforms that top trading firms like Findoc deploy to facilitate sub-brokers and professional traders.

    Softwares Prime Features
    Algobulls Customizable trading algorithms for bespoke investment strategies powered by artificial intelligence.
    Tradetron Assists in automating quant strategies and building scalable algorithms minus any single code, which can be traded for monetization.
    uTrade Best suited for financial enterprises and their end customers, it offers multi-asset trading and single-digit microsecond latency.
    Refinitiv With robust technology, open software solutions & critical data, and expertise, it helps mitigate risk concerning your stock market investments.
    GreekSoft A multitasker software providing comprehensive solutions with the swiftest trading speed powered by a 10G Ethernet network and HFT support.
    Algobaba It is a trade execution platform utilizing its proprietary system STOXXO to offer features like live trading, a trade simulator, and tailor-made investment strategies.
    Multi Trade Extensively scalable software that enables trades of sizable volumes and comprises a user-oriented and straightforward UI design.
    XTS (Symphony) It is an advanced sell-side trading software preferred for its multi-asset and market compatibility and for streamlining enterprise trading.
    Robomatic It blends finance, innovation, and technology into the trading segment and lets you filter and select varied stocks.

    The Ball Is in Your Court Now

    Every professional trader needs a customer-centric, tech-enabled trading platform to begin their investment voyage in the market. While pumping your money into the stocks, a reliable trading firm like Findoc would be a turning point in making your investments profitable. It helps beginners and professional traders to learn the know-how of trading, test and execute trades through varied algorithms.