As compared to the trading floor paradigm of stock trading, the online methodology offers a more involved role for the companies. New companies can register online and after validation by the stock exchange, can maintain a profile of there performance and assets.
Visit our homepage and follow the link to Company Registration. You will be presented with a friendly form that when filled, submits your case to the stock exchange. This is followed by the formal procedures in the exchange involving validation of your account by an Authenticator. Once this is done, the company can login anytime and modify its profile.
Circuit Breaking is a crucial stock market mechanism that ensures stability of share prices. The incoming bids are filtered such that they do not force the share prices to fluctuate too much. Technically, the Swing Limit decides the maximum variation a bid price can have with respect to the day's opening price.
This makes the shares resistant to massive fluctuations due to human elements like rumors etc. It avoids a total stock market crash.
The administrator is empowered with the button to freeze all market transactions at any time. When this happens, the process of deal breaking ceases and placed bids are suspended.
Apart from this, there is the feature of Circuit Breaking that operated persistently as described above.
For every share floating in the market, a record of each day's opening, closing, highest and lowest prices is maintained. This data is mined for the customers to provide them with a decision tool.
Deals are broken at a fixed frequency. At any time, the bids currently in place are analyzed and based on a particular algorithm, deals are fixed. In case the number of shares in the two bids do not match, the minimum is broken and the rest is queued up again.
Along with deal breaking, the exchange discovers prices for every share type from the bids. This is also done with a fixed frequency.