Open Learning & Free Course Ware

The era of open learning appears to be on the rise. Wide variety and rich course materials are available on the web for free.

1. MIT's course ware available for free download here.   I have used their materials in part for a course on INVESTMENTS.
2. IITs have done a commendable job of putting their lessons on various subjects at NPTEL. I am glad to see my colleague Prof C S MISHRA of IIT Kharagpur, previously with VSPGS, Hyderabad on their SAPM video lectures
3. Post at Dailyspeculations regarding Open Course ware

Introduction of new products at BSE

BSE is in a hurry to introduce new products as competition is in the exchange space with the entry of MCX-SX. I am curious to note that , in recent days , BSE is able to match up with NSE in F&O turnover.

1.  MCX-SX is going to be operational shortly in equity&equity derivatives segment.
2.  Liquidity Enhancement scheme has increased substantially BSE F&O Volumes.
3. We have to watch how  NSE reacts to these new developments.
4. It is interesting to go through how NSE had overtaken BSE in less than a year.
5. Microstructure of Index construction - analysis about NIFTY
6. Interesting paper on Political economy of Indian market microstructure
7. Ajay Shah & Susan Thomas had written comprehensively on Indian Markets &Exchanges, here, here
8. Recently released NSE Fact Book- A goldmine of data about markets
9. Another respected observer of Indian Financial Markets
10. Industry bodies like WFE, IOSCO

Interesting Readings

1. Prof JR Verma of IIM-A posts on Microstructure, Statistics for finance
2.  Dr Ajay Shah, one of the top financial economists in India on The most important financial products traded in the formal sector in India -- the stock market index (Nifty) and the exchange rate (the rupee)
3. Trading Books - One of my favorite topic
4. Another issue very close to my heart - Trader Education

F&O eligibility criteria- Tightening of norms by SEBI

SEBI has tightened norms for stocks to be traded in F&O segment. It has modified norms in 1) MWPL 2) Quarter sigma order size 3) Avg monthly turnover in the derivatives segment.

1.  NSE's detailed description of criteria it follows for F&O able stocks & Indices
2.  SEBI's circular on revision of norms
3. NSE has excluded 51 stocks from F&O  from October series. This is the largest exclusion of stocks.