For or against new system?

mark · 1 For or against new system? Fri Feb 24, 2012 2:34 pm

mark

Expert

Posts : 2677
Equity Stars : 9739
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

what you guys say? Mad

FXX · 2 Re: For or against new system? Fri Feb 24, 2012 2:39 pm

FXX

Senior Manager - Equity Analytics

Posts : 556
Equity Stars : 5426
Reputation : 35
Join date : 2011-05-03
Location : The Miracle of Asia

NO

rijayasooriya · 3 Re: For or against new system? Fri Feb 24, 2012 2:46 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 6800
Reputation : 134
Join date : 2011-05-25
Location : Matara

Oneday is not adequate for evaluation.We have to be bit patience.

hawklk · 4 Re: For or against new system? Fri Feb 24, 2012 2:47 pm

hawklk

Senior Manager - Equity Analytics

Posts : 371
Equity Stars : 5369
Reputation : 24
Join date : 2011-02-10

I like the new system provided that the bugs are fixed.

Eg.
Updating and synchronizing should be faster
Odd number of trades removed.
Trading are not getting updated with CSE website.

So my vote is YES

My new broker interface (ATRAD) has lot of information than the previous interface. But like I said the bugs should be fixed.

opfdo · 5 Re: For or against new system? Fri Feb 24, 2012 2:52 pm

opfdo

Vice President - Equity Analytics

Posts : 1313
Equity Stars : 7867
Reputation : 136
Join date : 2011-05-26
Location : Sri Lanka

it should be halt, until run a parallel test.

Leo · 6 Re: For or against new system? Fri Feb 24, 2012 2:56 pm

Leo

Manager - Equity Analytics

Posts : 296
Equity Stars : 4993
Reputation : 15
Join date : 2011-09-22

A system should be implemented after a test run. or a pararel run.
This fools didnt do so. Gave us a system with full of bugs.

I think we need a pest control Laughing

Need to see actually what this system has as new. Yet dont have a good idea about it. Only knows that many bugs are there. We must see it without bugs and adjustment.

sapumal · 7 Re: For or against new system? Fri Feb 24, 2012 3:05 pm

sapumal

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 6522
Reputation : 65
Join date : 2010-07-30

This is a test. Some people use CSE to run softwares before running on LSE
I couldn't ammend /cancel orders

hunter · 8 Re: For or against new system? Fri Feb 24, 2012 6:29 pm

hunter

Moderator

Posts : 786
Equity Stars : 6926
Reputation : 114
Join date : 2011-04-27

I felt as if we were just Ginny-pigs. (Or lab mice).
Looks to me it was an unplanned hasty implementation;
very very unprofessional!!
Knowing personally those guys there, well, it's not a surprise afterall Sleep

.

Gainer · 9 Re: For or against new system? Fri Feb 24, 2012 7:11 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10936
Reputation : 264
Join date : 2011-03-13

this useless system good for illiquid stocks every day 1 share trading and go up, today traded like HARI 1 share only traded it's a top gainer.

Market Sucker · 10 Re: For or against new system? Fri Feb 24, 2012 8:17 pm

Market Sucker

Senior Manager - Equity Analytics

Posts : 454
Equity Stars : 5334
Reputation : 40
Join date : 2011-07-24

noooooooooooooooo.................damn idiot bought 1 share from my 100 lot,now i holding 99 shares. Mad

wiser · 11 Re: For or against new system? Fri Feb 24, 2012 10:19 pm

wiser

Senior Manager - Equity Analytics

Posts : 391
Equity Stars : 5325
Reputation : 22
Join date : 2011-02-03

you can realized hw good this system in near future. My vote YES

chamith · 12 Re: For or against new system? Fri Feb 24, 2012 11:36 pm

chamith

Assistant Vice President - Equity Analytics

Posts : 827
Equity Stars : 5829
Reputation : 76
Join date : 2011-01-31
Location : England

This is how major stock exchanges platforms work.
It would be nice if they introduce a high flat commission rate like in other countries. Then trading odd lots or small value transactiOns will be reduced. But brokers won't like it

kelum · 13 Re: For or against new system? Sat Feb 25, 2012 12:05 am

kelum

Senior Equity Analytic

Posts : 74
Equity Stars : 4811
Reputation : 7
Join date : 2011-06-01
Age : 42
Location : dubai

Hi guys.....before giving vote if you like read this.....
sec introduced this system to established a fair market to the investors..Lots of seniors hear know the fact that,some brokers had ATS power more than 100millions(ats means that some brokers can manipulate the market verry easyly within T+5 range with billions of money and sec could not cought it)but through new system,brokers ATS power has become Zero and they canot do that rubish durty business again....verry soon brokers will be poofet and that why brokers are so angry....this odd list problem can be sold verry easly and sec will give good solution for it in nest week.....i think this system is verry good but keep in mind couple of days market wiil be down becouse of this system but after that market will be stable and we will be safe....and ASi will be + or - 50 range and dont touch junky sheres becouse now brokers dont have powers to bring up those.

Xmen · 14 Re: For or against new system? Sat Feb 25, 2012 10:45 am

Xmen

Senior Equity Analytic

Posts : 72
Equity Stars : 4602
Reputation : 0
Join date : 2012-01-17

hawklk wrote:I like the new system provided that the bugs are fixed.

Eg.
Updating and synchronizing should be faster
Odd number of trades removed.
Trading are not getting updated with CSE website.

So my vote is YES

My new broker interface (ATRAD) has lot of information than the previous interface. But like I said the bugs should be fixed.

my vote too

charith82 · 15 Re: For or against new system? Sat Feb 25, 2012 10:15 pm

charith82

Manager - Equity Analytics

Posts : 114
Equity Stars : 4809
Reputation : 8
Join date : 2011-07-22

[quote]

who is ur broker?

snandasiri · 16 Re: For or against new system? Sun Feb 26, 2012 5:20 am

snandasiri

Manager - Equity Analytics

Posts : 241
Equity Stars : 4855
Reputation : 15
Join date : 2011-10-11
Age : 34
Location : Piliyandala

Market Sucker wrote:noooooooooooooooo.................damn idiot bought 1 share from my 100 lot,now i holding 99 shares.

My broker said not to buy 1 or2 shares but it doesn't matter some one buy 1 or 2 shares from my asking bid if however traded full quantity.U don't have to pay taxes only for that 1 share,because tax calculated for hole quantity. (your order quantity is 100 as you mentioned).

mark · 17 Re: For or against new system? Mon Feb 27, 2012 5:12 pm

mark

Expert

Posts : 2677
Equity Stars : 9739
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

why you guys dont understand this damn true,this is not LONDON........

this is damn ILLIQUID market

buggers eating the market Mad

Redbulls · 18 Re: For or against new system? Mon Feb 27, 2012 5:28 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16056
Reputation : 770
Join date : 2012-02-14

No

SL.Market · 19 Re: For or against new system? Mon Feb 27, 2012 5:40 pm

SL.Market

Vice President - Equity Analytics

Posts : 1340
Equity Stars : 6745
Reputation : 146
Join date : 2011-03-15
Location : Colombo

Traders should be very careful with this stupid charges....

One of my stck partially filled with sold 13@43

They have charged of Rs.18 for transaction...

then 3.2% for the one transaction..

Thing is i dont like it to partially filled and if i want to buy next day It should be at least 10% below I should try.. Otherwise loss,,,,, and there should be option to select us we need patially filled or not...

This type of policy makers with CSE... Can we think good future with those?

They cant understand this type of simple think with their policy making

simply what we can say is ... they are very simple about our hard earn money...

rijayasooriya · 20 Re: For or against new system? Mon Feb 27, 2012 6:45 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 6800
Reputation : 134
Join date : 2011-05-25
Location : Matara

Seller should have the right to decide his/her minimum selling quantity.

DWKDAVID · 21 Re: For or against new system? Mon Feb 27, 2012 7:13 pm

DWKDAVID

Stock Analytic

Posts : 12
Equity Stars : 4608
Reputation : 3
Join date : 2011-10-07
Age : 69
Location : COLOMBO

IT LOOKS ODD to see ODD number of shares, imbalancing the portfolios.

DOUGLAS W DAVID

hunter · 22 Re: For or against new system? Mon Feb 27, 2012 9:26 pm

hunter

Moderator

Posts : 786
Equity Stars : 6926
Reputation : 114
Join date : 2011-04-27

HMMMM.

I've been charge nearly 70% tax for one tx.
I'm trying to figure out whether to laugh or cry?

SELL 2012-107354 1 HEMAS POWER LIMITED 22.90 22.90 15.11 7.79 01/03/2012
--------- ----------------- ------------- ------------- -----------------
Totals --> 1 22.90 15.11 7.79

seyon · 23 Re: For or against new system? Mon Feb 27, 2012 11:23 pm

seyon

Assistant Vice President - Equity Analytics

Posts : 783
Equity Stars : 5847
Reputation : 119
Join date : 2011-02-01
Location : Colombo

mark wrote:why you guys dont understand this damn true,this is not LONDON........

this is damn ILLIQUID market

buggers eating the market

These fools are master in copying, fools never evaluate whether it could be suited to our enviornment or not... Idiots......

mark · 24 Re: For or against new system? Thu Mar 01, 2012 8:37 pm

mark

Expert

Posts : 2677
Equity Stars : 9739
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

seyon wrote:

mark wrote:why you guys dont understand this damn true,this is not LONDON........

this is damn ILLIQUID market

buggers eating the market

These fools are master in copying, fools never evaluate whether it could be suited to our enviornment or not... Idiots......

its true,just imagine the danger of POSSIBILITY OF BUYING OWN SHARES by this system Shocked

Roboticfx · 25 Re: For or against new system? Thu Mar 01, 2012 8:51 pm

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7900
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Guys and gals,

I would like to give you an advice which valid till settle down this trading problem(multiple fees)

You should be very careful when place orders. A small fault can make you to pay fees several times because we are not much familiar with the current system. If you have a good investment plan and a target of profit, you can buy shares from the ask price and sell to the bid price. This is ok when bid/ask ratio is low value. If it is high you will miss a bit of profit. But it is better than paying thousand of fees. If you are new to this field, it is better to delay your expected purchasing or sale until solutions are given.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

For or against new system?

1 For or against new system? Fri Feb 24, 2012 2:34 pm

mark

2 Re: For or against new system? Fri Feb 24, 2012 2:39 pm

FXX

3 Re: For or against new system? Fri Feb 24, 2012 2:46 pm

rijayasooriya

4 Re: For or against new system? Fri Feb 24, 2012 2:47 pm

hawklk

5 Re: For or against new system? Fri Feb 24, 2012 2:52 pm

opfdo

6 Re: For or against new system? Fri Feb 24, 2012 2:56 pm

Leo

7 Re: For or against new system? Fri Feb 24, 2012 3:05 pm

sapumal

8 Re: For or against new system? Fri Feb 24, 2012 6:29 pm

hunter

9 Re: For or against new system? Fri Feb 24, 2012 7:11 pm

Gainer

10 Re: For or against new system? Fri Feb 24, 2012 8:17 pm

Market Sucker

11 Re: For or against new system? Fri Feb 24, 2012 10:19 pm

wiser

12 Re: For or against new system? Fri Feb 24, 2012 11:36 pm

chamith

13 Re: For or against new system? Sat Feb 25, 2012 12:05 am

kelum

14 Re: For or against new system? Sat Feb 25, 2012 10:45 am

Xmen

15 Re: For or against new system? Sat Feb 25, 2012 10:15 pm

charith82

16 Re: For or against new system? Sun Feb 26, 2012 5:20 am

snandasiri

17 Re: For or against new system? Mon Feb 27, 2012 5:12 pm

mark

18 Re: For or against new system? Mon Feb 27, 2012 5:28 pm

Redbulls

19 Re: For or against new system? Mon Feb 27, 2012 5:40 pm

SL.Market

20 Re: For or against new system? Mon Feb 27, 2012 6:45 pm

rijayasooriya

21 Re: For or against new system? Mon Feb 27, 2012 7:13 pm

DWKDAVID

22 Re: For or against new system? Mon Feb 27, 2012 9:26 pm

hunter

23 Re: For or against new system? Mon Feb 27, 2012 11:23 pm

seyon

24 Re: For or against new system? Thu Mar 01, 2012 8:37 pm

mark

25 Re: For or against new system? Thu Mar 01, 2012 8:51 pm

Roboticfx

26 Re: For or against new system?

Sponsored content

New topics