Context :
Bond
Street: Fastest-Finger-First On Bond Street: Large Investors Alert Sebi / 22
July 2022
Extract :
A few of these
high-speed traders who are outwitting the traditional debt investors, like bond
houses, asset managers, insurers and retirement funds, are suspected to be
using specialised software to grab securities in
what’s largely a ‘fastest-finger-first’
contest.
In a volatile market
when prices improve, they sell down the cornered papers almost immediately to
make quick money.
Large bond
investors have told the Securities and Exchange Board of India (Sebi) that some
of the players are gaming the electronic bidding
system to snatch deals within less than a second
of the opening of the issue.
MY
TAKE :
Ø A Matter of Time………………………………………………[ 03 Jan
2017 ]
Extract :
Yesterday's
Proverb : Necessity is the Mother of Invention
Today's
Mantra : Competition is the Mother of Innovation
So, just
wait to find out which Mobile Wallet comes up with the following "
innovations " FIRST :
* All bank accounts of a person ( in different banks ) become inter- operable /
fungible, through
seamless
Mobile Wallet
No need to " select " a particular bank name
* All transactions using a Mobile Wallet, automatically entered in BLOCK-
CHAIN database commonly
shared by
* Wallet based algorithm will move funds across different bank accounts for best
yield , constantly
Deposits
This will happen automatically, much like algorithm-based share trading ,
taking advantage of price
one thousandths of a second ! )
And since computing power of mobiles are doubling every 18 months ( Moore's
Law ), nothing will stop
( Demat A/C on Wallet ? )
with regards,
hemen parekh / hcp@RecruitGuru.com / 27 July
2022
No comments:
Post a Comment