High Frequency Trading

High Frequency Trading is a type of algorithmic trading, wherein tools and technologies are used for high speed trading. Latencies are measured in microseconds and speed is a competitive advantage. NSEIT has solutions like AlgoNomics in the low latency space.

Fixed Income

Trading in Fixed Income requires technology along with real-time, accurate market intelligence.

The Solution designed, developed & implemented by NSEIT targets to improve efficiency in the transaction settlement process, insulate the financial system from shocks emanating from operations related issues and helps to undertake other related activities that work for money, debt and Forex markets.

NSEIT's Solution facilitates trading in Primary and Secondary market of Government Securities issued by the Central and State Government.

NSEIT's Web Based Module facilitates direct internet based access Gilt Account Holders (GAH) to directly participate in Primary Auctions of Gilts. The access is subject to controls by the respective Primary Member (PM) i.e., Entities (Banks/PDs with whom the GAH maintain their Gilt Account and Current Accounts , as the PM will be responsible for settlement of CSGL bids/trades.

Key Features of the NSEIT solution

Depository

NSEIT provides services to Depositories that handle securities held and settled in dematerialized form in the Indian capital market.

NSEIT is associated with the following projects for the Depository service provider:

• E-Services for Depositories: Participant of Depository Services can subscribe to specialized services that enables demat account holders (including Clearing Members) to submit delivery instructions directly on the Internet. These services are available only to Subscriber participants and Users sign an agreement with the Participant.
• SEZ Online: As a part of the e-Governance initiative, the Ministry of Commerce (MOC) intends to automate SEZ transactions. The Ministry of Commerce has entered into a formal agreement with NSDL Database Management Limited (NDML) for establishing and managing a integrated solution for administration of Special Economic Zones (SEZ) of India
• e-Voting: e-voting is a common Internet Infrastructure that enables the investors to vote electronically on resolution of companies.
• KYC Registration Agency (KRA): KRA provides for centralization of the KYC records in the securities market. The client who is desirous of opening an account/trade/deal with the SEBI registered Intermediary should submit the KYC details through the KYC Registration form with supporting documents. The Intermediary shall perform the initial KYC and upload the details on the system of the KYC Registration Agency (KRA). This KYC information can be accessed by all SEBI Registered Intermediaries while dealing with the same client. As a result, once the client has done KYC with a SEBI registered intermediary, he need not undergo the same process again with another intermediary
• Tax Information Network (TIN), Permanent Account Number (PAN): TIN is designed to make tax administration more effective, furnishing of returns convenient, reduce compliance cost and bring greater transparency. The TIN system connects the users through its connected service centers called TIN Facilitation Centers (TIN FC) and web-based central system
• National Insurance-Policy Repository (NIR): NIR facilitates holding of all type of insurance policies in electronic form in a single e-Insurance Account (eIA). It will do away with the current lacunae of holding the insurance policies in physical form. This will enable the insured to have access to all insurance policies with a single login.
• Compliant Redressal System (SCORES): SEBI Complaint Redress System (SCORES) is a web based system which enables SEBI to forward investor complaints to the Depository and Exchange. The system also allows the depository / exchange to respond to these complaints.

Commodities

NSEIT's domain expertise in Commodities Trading has helped Design, Develop, Implement & support an advanced solution for Commodity Trading houses to manage the complete flow of physical and financial commodity contracts. The multi-commodity solution incorporates requirements across different commodity groups and addresses the requirement of reporting across corporate hierarchy structures and profit centers. It streamlines operations, provides multi-dimensional visibility on the organization's position, P& L and risk profile, and provides tools to support decision making and reduce time-to-market.

The solution works in managing the constant pressures on a daily basis in the world of commodities – movements, volatility in commodity prices, structural changes in demand and supply, pressures on growth and profitability, operational issues as well as availability of information, or compliance with government regulation and accounting. It ensures that data is shared across the organization in real time, there is complete operational visibility in all aspects of physical position, derivatives, P&L, and information required for managers to take immediate as well as long-term decisions is available quickly and conveniently. Trade capture is quick and convenient, and positions built up in real time, with the facility to slice & dice data for understanding and analysis. Purchases and sales can be split and allocated based on market requirements, balancing flexibility with control over trading operations. Logistics operations are streamlined, with comprehensive functionality to track cargo statuses, weights and costs, documentation needs and organizing storage in warehouses.

Derivative transactions can be recorded for both hedging and speculative purposes, and hedges linked to physical contracts. Unpriced and open positions, exposures to counterparties as well as unhedged positions are visible in real-time, allowing organizations to control risks and prevent losses by taking necessary actions. Mark-to-market and P&L calculations on both physicals and derivatives are stored on a daily basis.

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