kyt wrote:the deal wrote:They should just reduce the commissions and settlement period...turnover will rise...they will make more money...instead of introducing weapons of mass destruction.
well said deal, we dont need short, long or any kind of selling. nse is a very young market for such < 100 companies. just make commissions 1% and settlement period 1 day and see what happens. ...for starters.
In agreement, we've been crawling, now lets walk first before running. I've seen "Kenyans" who think they are good for this get burnt when venturing to the developed markets through firms like Franklin Templeton. After reading a few books and articles, they rushed not remembering that some of these trades requires one with a good/wholesome system that not only sniffs for information but does data scrapping and is extremely fast in terms of connectivity for efficient and effective execution of trades.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary