General Trading Chat

[ramshirsath]

What is significance of max and min rollover

 

[bpr]

This is really big news:-
Nasdaq is planning to offer a Bitcoin futures contract June 2018.

https://cointelegraph.com/news/wall-street-journal-nasdaq-to-offer-bitcoin-futures-in-june-2018

Last I heard CME is bringing it in dec 2017 ...now everybody scrambling to get trading market share of the next big asset class..

 

[timepass]

Looked at zebpay just now. Seems that there is a spread of 1% between the buy and sell price.

Selling bitcoin, does that bring money back to your bank account ?

 

[Raj232]

Gross Domestic Product (GDP) for the September quarter jumped to 6.3 per cent from 5.7 per cent in the earlier quarter.

In what could bring a big cheer for the government, the Gross Domestic Product (GDP) for the September quarter jumped to 6.3 per cent from 5.7 per cent in the earlier quarter.
Initial reports said the GDP at constant (2011-12) prices in Q2 of 2017-18 is estimated at Rs 31.66 lakh crore, as against Rs 29.79 lakh crore in Q2 of 2016-17, showing a growth rate of 6.3 percent.

Seems like ready for GAP UP opening tomorrow ...

 

[VJAY]

Just two day before expiry when Bank Nifty around 25900-26000 and Nifty above 10400 many option writers thought 10300PE and 25500PE are the safe bet to make some money.

But there is no easy money in the market!
Option writers panicked in last hour and market fall faster & bigger... gave some traders jackpot opportunity.

It's better to be prepared for such opportunities during the expairy drama.

IMO serious option writers allready exited thier positions before expiry and started to play thier expiry day game .only some retailers/newbies get panic....most of professional option writes are always in safe

 

[copypasteaee]

http://bit.ly/2igLtmT

The financial resolution and deposit insurance bill 2017:

a bank which is in dire condition or facing losses will be allowed to ‘cancel’ deposits of people to maintain market credibility. The bank may also decide to modify the kind of deposits made into something else! Which means, it can just refuse to pay depositors who have savings account (with variable deposit insurance, as I pointed out before) or they may turn a savings account into a Fixed Deposit for say 10 years without the possibility of withdrawal.

To put it simply, when a person puts in money into the bank and demands it back, the bank has to obey. Because it’s not their money. But now, if the bank is suffering huge losses (say due to companies who took loans and wouldn’t pay back) it will simply refuse to give the money and instead issue shares or an FD certificate, all based on the decision taken by the Resolution Corporation.

 

[timepass]

This is stunning, to say the least

http://bit.ly/2igLtmT

The financial resolution and deposit insurance bill 2017:

a bank which is in dire condition or facing losses will be allowed to ‘cancel’ deposits of people to maintain market credibility. The bank may also decide to modify the kind of deposits made into something else! Which means, it can just refuse to pay depositors who have savings account (with variable deposit insurance, as I pointed out before) or they may turn a savings account into a Fixed Deposit for say 10 years without the possibility of withdrawal.

To put it simply, when a person puts in money into the bank and demands it back, the bank has to obey. Because it’s not their money. But now, if the bank is suffering huge losses (say due to companies who took loans and wouldn’t pay back) it will simply refuse to give the money and instead issue shares or an FD certificate, all based on the decision taken by the Resolution Corporation.

 

[LOVEENAJYOTHI]

http://bit.ly/2igLtmT

The financial resolution and deposit insurance bill 2017:

a bank which is in dire condition or facing losses will be allowed to ‘cancel’ deposits of people to maintain market credibility. The bank may also decide to modify the kind of deposits made into something else! Which means, it can just refuse to pay depositors who have savings account (with variable deposit insurance, as I pointed out before) or they may turn a savings account into a Fixed Deposit for say 10 years without the possibility of withdrawal.

To put it simply, when a person puts in money into the bank and demands it back, the bank has to obey. Because it’s not their money. But now, if the bank is suffering huge losses (say due to companies who took loans and wouldn’t pay back) it will simply refuse to give the money and instead issue shares or an FD certificate, all based on the decision taken by the Resolution Corporation.

Really ? Hitler is alive ?

 

[vikas2131]

http://bit.ly/2igLtmT

The financial resolution and deposit insurance bill 2017:

a bank which is in dire condition or facing losses will be allowed to ‘cancel’ deposits of people to maintain market credibility. The bank may also decide to modify the kind of deposits made into something else! Which means, it can just refuse to pay depositors who have savings account (with variable deposit insurance, as I pointed out before) or they may turn a savings account into a Fixed Deposit for say 10 years without the possibility of withdrawal.

To put it simply, when a person puts in money into the bank and demands it back, the bank has to obey. Because it’s not their money. But now, if the bank is suffering huge losses (say due to companies who took loans and wouldn’t pay back) it will simply refuse to give the money and instead issue shares or an FD certificate, all based on the decision taken by the Resolution Corporation.

Pls read Sec 52 sub section 7 of the proposed bill. It excludes depositors.

 

[copypasteaee]

Pls read Sec 52 sub section 7 of the proposed bill. It excludes depositors.

This is jargonised wording, anyone can mould in any direction. Please educate the senior citizens who are dependent on interest income, not to keep all eggs same basket.