how i connect any trade terminal server

subhasis · #1 7th August 2008, 06:59 PM

actually i build a s/w which generates call of buy/sell on basis of market...now i want to place the buy/sell order to NSE/BSE or anything through the broker terminal.
please help me how i connect their terminal to place my order?
if there is any other way....then also suggest me.
please reply me.........i will b very thankful to all.

kapil123 · #2 7th August 2008, 07:46 PM

Quote:

Originally Posted by subhasis

actually i build a s/w which generates call of buy/sell on basis of market...now i want to place the buy/sell order to NSE/BSE or anything through the broker terminal.
please help me how i connect their terminal to place my order?
if there is any other way....then also suggest me.
please reply me.........i will b very thankful to all.

As I understand, you want to integrate your software with the Broker Software. At present as per my knowledge no broker is offering such integration. So, as of now, the orders have to be placed manually after you get the signal from your software.

Cheers,
Kapil

subhasis · #3 8th August 2008, 11:45 AM

But my question is that if order can be placed by PIB or odin or some other broker's software then why my software cant place that order?.....I can apply for registration if possible from the exchange.

Please suggest me how can I approach for that?
Or to whom I will have to contact for getting this type of authorisation?

avowlabs · #4 23rd August 2008, 12:48 AM

i thought atleast NSE would be tech savvy, but be that BSE or NSE, no one knows about Web Services or SOAP protocols.

I have been looking there "broker software", its a d2k application which directly connects to there database server through intranet (which they create through VSAT or ISDN).

I wonder when they would think to upgrade

ARMHM · #5 23rd August 2008, 02:21 AM

Quote:

Originally Posted by subhasis

But my question is that if order can be placed by PIB or odin or some other broker's software then why my software cant place that order?.....I can apply for registration if possible from the exchange.

Please suggest me how can I approach for that?
Or to whom I will have to contact for getting this type of authorisation?

Because individuals (non members) have to use intermediaries for trading. If you want to place orders directly to exchange the you have to become a trading cum clearing member (details at exchange websites) and for that exchanges charge a very heavy fee plus a huge security deposit. Then you take your software to them, they will test it and if approved you can proceed to use it as per their guidelines.

uasish · #6 24th August 2008, 06:43 AM

subhasis,

I understand you want to become a broker,if you have 5-10 crores then you can go to any defunct type regional exchange like Calcutta or Guwahati Exchange & network with member brokers there who wants to part with their membership ,so that you can come via that regional exchange to NSE /BSE,otherwise for direct membership to NSE/BSE is few 100 crores.

Asish