SBTS How to Improve India Online Stock Trading
Earlier, no trading software. The Indian stock exchange is based on an open outcry system. Under this system, brokers gather at a central point, usually on the exchange exchange, and begin to trade with each other.
Therefore, in order to improve efficiency, liquidity and transparency, the NSE decided to introduce a nationwide trading volume, online, which is a fully automated screen-based trading system (also known as SBTS)
In this system, a trading member can enter a certain amount of securities and prices to his desired computer system transactions.
This system is easily accepted by market participants, and in the first year of the existing business, NSE becomes the leading
technology has been used to convert the trading platform from Exchange og Stock Exchange to the broker premises.
This has a huge impact on the equal access to investors, especially in geography and diversification
SBTS or screen-based trading systems have more advantages than earlier used transaction parity platforms
Several advantages of the SBTS or screen-based trading systems mentioned below
1) SBTS or screen-based trading systems to match orders at a strict price / time priority, thereby saving a great deal of time, cost, and risk of fraud and fraud resulting in increased operational efficiency.
3) Allow market participants,
4) to allow market participants to increase the efficiency of market information by allowing price-sensitive information to be absorbed more quickly into current prices Accepting large or small orders from members without actually revealing their identities, thus providing equal opportunities for everyone and providing complete confidentiality.
5) It provides a perfect audit trail that helps to resolve disputes through a full login transaction execution process
Therefore, SBTS or screen-based trading systems greatly improve efficiency, Transactional output, which leads to quality trading, thus increasing India's GDP and boosting the country's economy