tag:blogger.com,1999:blog-1149152227980228556.post800710263080825318..comments2010-07-19T18:29:40.795+05:30Sudarshan Sukhanihttp://www.blogger.com/profile/04872255827781271211noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1149152227980228556.post-27279834222177864892010-07-19T10:27:13.374+05:302010-07-19T10:27:13.374+05:30Sir,<br /><br />Can you please elaborate on the rule of RBI that &quot;since we cannot, open derivative trading accounts aborad&quot;.<br /><br />Does it mean that we cannot open an account with a foriegn broker and trade NIFTY or<br />We cannot trade any other derivatives - NASDAQ / FTSE.<br /><br />Can you also clarify about CFDs.<br /><br />Regards<br />Muralisegviola11http://www.blogger.com/profile/15959008436856505281noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-46712138996003629232010-07-19T08:18:20.099+05:302010-07-19T08:18:20.099+05:30The writing is clear on the wall. either RBI should allow us to trade directly on overseas exchanges or local exchanges should be kept opened for trading at-least 18 hours a day.<br /><br />According to me Derivatives trading in India should be opened at 6.00 am to 11.30 noon give 90 min lunch and again start at 1.00 pm to 6.30 pm give recess for another 90 min and again start 8.00 pm to 1.30 am.<br /><br />Unless one is die hard crazy in derivatives trading, most of us should change our strategy to confine ourself to day trading only. But if nifty is rangebound it is difficult to make money in daytrading too - it is very difficult for trading community as well broking community, to cope up with fast changing competitive environment.MAYA CAPITAL MARKEThttp://www.blogger.com/profile/10290136502309485389noreply@blogger.com