I wonder if any Indian brokerage provides utilities like DOM ( Depth of Market) which caters primarily to high frequency traders which makes intra-day trading a whole lot easier.Essentially a DOM utility provides a single click transaction like "Buy Ask" ( buy at Ask Price) ,"Buy Bid","Sell Bid", "Sell Ask", "Breakeven","Scale In", " Scale Out", "Reverse", etc.
When the majority of brokerage income for brokerages is from intra-day operators its high time these services were offered.Interactive Broker's who have recently come to India has this DOM utility. But they are very expensive.
It's also an opportunity for local software developers.
When the majority of brokerage income for brokerages is from intra-day operators its high time these services were offered.Interactive Broker's who have recently come to India has this DOM utility. But they are very expensive.
It's also an opportunity for local software developers.