Friday, April 27, 2012

Stock exchanges will be open for trade this Saturday for one-and-a-half hours

Stock exchanges will be open for trade this Saturday for one-and-a-half hours in the third “special trading session” in four months. The NSE says it is “upgrading the capacity of futures and options trading system hardware and software to the next generation system to improve processing capability and handle increased activities in the market.” And the BSE has to follow suit or risk losing out on business to its arch rival. This increase in the number of special trading sessions causes one to wonder if the stock exchanges are slowly preparing the ground for making Saturday a regular trading session. What do you think?

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