Commodities trading in India has a very rich history. In fact the first organized futures market that was set up in India was for a commodity – Bombay Cotton Trade Association. Since then, trading in commodities has always been the preserve of big traders, commodity powerhouses and institutional investors.
The advent of electronic trading in commodities in India in December 2003 has opened the field for more participation into the markets. However, the commodities segment in India still lags the equities segment in terms of adoption of technology for building advanced and informative trading platforms. Most of the prevalent commodities trading platforms in India still offer only basic features such as buying – selling, watchlist and charts. Read the rest of this entry »
Commodities are driven by demand and supply, which provides a basis for determining price directions. As commodities don’t have to deal with subjective issues like financial performance, management quality etc., they move with their respective business cycles. Commodities are broadly classified into agricultural commodities, metals and energy. Within these broad classifications, each commodity can exhibit its own trend based on respective business cycles.
[Image 1] Read the rest of this entry »
Perpetually exploding data has called for a technological change in the way a business operates and made it imperative for a business to keep up with the change to be a part of the ever-challenging race. Over the past two decades, technology has slowly and steadily made its presence and importance felt across business processes. In order to realize the true value that technology can bring to your business, it is important to understand which processes can be automated in the first place. Read the rest of this entry »
Calendar spread trading in commodity futures market has traditionally been executed by professional traders. However, anyone can carry out such trading strategy by understanding how to implement it in real market conditions.
Calendar spread is a futures spread between two months (For e.g. November 2016 and February 2017) in the same market (For e.g. MCX Silver Mini). One can calculate spread by subtracting near month’s contract price from next month’s contract price. Read the rest of this entry »
The journey of successful investing starts with selection of quality and growth oriented stocks. At the same time, picking such stocks at fair valuation is also important. Moreover, periodic performance review and rebalancing of portfolio to fix any weaknesses is key to achieve investment goals.
Heckyl Technologies, a leading news sentiment and market data analytics firm, has conducted a study to highlight how a trader can use sentiment scores to predict impending stock price movement. We have analyzed news sentiment data for 246 Canadian companies listed on Toronto Stock Exchange (TSX) from January 2016 to July 2016. On numerous occasions, our sentiment score has acted as a leading indicator for the share price movement of 213 companies or 87% of the total sample size.
Read the rest of this entry »