GMPian Ankit Arora's article on financial markets published by CoolAvenues

Good news friends !

One of our GMP colleagues- Ankit Arora has been published as an author on CoolAvenues.

Ankit has written an article focussed towards recent developments in Indian financial markets and how one can avail the business opportunities in this space.

Here is the excerpt from the article:

"The Indian financial markets are undergoing major transformation since the last 2 years. We are witnessing lot of new developments in Indian financial markets. This article attempts to cover some of the recent developments in Indian financial markets and the possible business opportunities that one can avail.

To begin with, recently [Apr 2011], NSE, National Stock Exchange of India introduced the Smart order routing [SOR] which would allow the orders to pass from NSE to various other stock exchanges. What SOR does is that it looks for the best possible price across various exchanges. So if Reliance is trading at 995 in NSE and at 1000 in BSE, this SOR system would execute your order on NSE and thus save you Rs 5 per share."

To read the complete article, please visit:

http://www.coolavenues.com/mba-journal/finance/recent-developments-and-business-opportunities-indian-financial-markets