FYERS

[anildnr]

Hi tejas..one qq. Where i can see the profit n loss and brokerage i paid in back office during particular period ? I am seeing many links there just confused

 

[afin]

Update on the macro environment of the stock exchanges (July 2018): We have been in continuous interactions with the top officials of both, NSE and BSE. The stock exchanges are evolving very fast and it's good for everyone. We were happy to know that NSE is encouraging algo trading and have been working on upgrading their own technology significantly. Everyone will experience the benefits of their efforts in the future. Generally, monopolies don't evolve until there is a threat to their survival. This is certainly not the case with NSE. I feel confident that the top brass of the National Stock Exchange is steering the ship in a way that it can cope with the challenges of the next decade. One example is their recent launch of the cross-currency derivatives contracts. (We felt they announced this is a hurry before brokers like us could implement the necessary tweaks in our platform) but they have a good vision. In the back-end, settlement mechanism being worked out for these contracts is unique and based in rupees based on RBI reference rate. We will be launching this soon.

Yesterday, I met with the Chairman, Managing Director and Head of Business Operations of BSE. While most people in India had written off BSE as redundant, few are aware that they have reinvented themselves in many ways and have done their best to shake out the legacy issues that held them back in the past. Their initiatives are futuristic and I'm told that the management is independent which has allowed them to propel their plans into reality. Apart from the derivatives segment, they are leaders in several other business verticals such as the SME platform, currency derivatives etc. When we first started our business, we were apprehensive about taking up a BSE membership. But after my meeting with BSE officials, we are enthusiastic to get a BSE license in the near future. In fact, I have even signed a letter of intent to get a membership of their upcoming commodity derivatives segment which is expected to start in October 2018.

I will reach out to you all for feedback about specific things in the near future. If need be, I will even forward your feedback to the stock exchange directly to help get your issues/requirements resolved at the earliest. They are open to a feedback driven mechanism and it is surprising how positive they are about fin-tech brokers like us. I had a few minutes at hand so I felt like sharing this with you'll.

Hope you find this useful.

Happy Trading!

One thing many of us swing traders/ short term investors fail to see properly is that some transaction costs are lower in BSE than on NSE. The volumes are on the higher side on NSE though. I am glad BSE is making itself more relevant. I wouldn't be surprised about that totally given the fact they are now a listed entity as well.

 

[jd1234]

only 2 things left BO and MCX hope we will get it soon .

 

[debjit625]

@Tejas Khoda
First of all thanks for the pivot point indicators really one of the most used indicator
I know adding new features in a trading platform takes a lot of efforts and time really appreciate for the tools Fyers is providing to traders who are just starting there journey.
Here are some features if possible I would like to see in future in Fyers web
1)SMI stochastic momentum indicator
2)Volume Profile in the chart (separable time wise i.e.. volume profile for a definite set of interval )
2)Time and Sales
3)In (DOM) Depth Of Market traded volume against each price, I mean the actual quantity got traded at a particular price.

 

[VJAY]

IMO above new things apply there must be stable/accurate trading terminal is must....Otherwise the same thing happens like happening with big discount broker (at least they claim themself)..For day traders first is problem free/unfreez terminal needed.....my views

 

[D.Hatkar]

@Tejas Khoda
First of all thanks for the pivot point indicators really one of the most used indicator
I know adding new features in a trading platform takes a lot of efforts and time really appreciate for the tools Fyers is providing to traders who are just starting there journey.
Here are some features if possible I would like to see in future in Fyers web
1)SMI stochastic momentum indicator
2)Volume Profile in the chart (separable time wise i.e.. volume profile for a definite set of interval )
2)Time and Sales
3)In (DOM) Depth Of Market traded volume against each price, I mean the actual quantity got traded at a particular price.

From what I know, Volume Profile is available only for the paid customers of TradingView. I don't think this will be passed on to FYERS anytime soon. What do you say @Tejas Khoday sir?

 

[Tejas Khoday]

Hi tejas..one qq. Where i can see the profit n loss and brokerage i paid in back office during particular period ? I am seeing many links there just confused

Hi, please contact support team for this. I guess I'll need to write a post about this too. Will try and do so in the near future.

 

[Tejas Khoday]

One thing many of us swing traders/ short term investors fail to see properly is that some transaction costs are lower in BSE than on NSE. The volumes are on the higher side on NSE though. I am glad BSE is making itself more relevant. I wouldn't be surprised about that totally given the fact they are now a listed entity as well.

Their initiatives are beyond the traditional measures to stay relevant. In fact, one of them stretches beyond the stock markets. Time will tell how they perform but we are with them and will become a member of BSE in the near future.

 

[Tejas Khoday]

only 2 things left BO and MCX hope we will get it soon .

Yes, we're currently in the final stages of MCX demo with the exchanges and final testing. Other things to follow soon.

 

[Tejas Khoday]

@Tejas Khoda
First of all thanks for the pivot point indicators really one of the most used indicator
I know adding new features in a trading platform takes a lot of efforts and time really appreciate for the tools Fyers is providing to traders who are just starting there journey.
Here are some features if possible I would like to see in future in Fyers web
1)SMI stochastic momentum indicator
2)Volume Profile in the chart (separable time wise i.e.. volume profile for a definite set of interval )
2)Time and Sales
3)In (DOM) Depth Of Market traded volume against each price, I mean the actual quantity got traded at a particular price.

Hi @debjit625, You're welcome. Yes, it's not as easy in the back-end but as a team, we are passionate about delivering a great experience. We'll continue to go down this path even if it takes more time than we anticipate. The features which you have asked for have been noted at our end and we will try to get them done based on feasibility.

Happy Trading!