FIC Aryabhatta Visit to NSE Office
- ficaryabhatta
- May 2, 2023
- 2 min read
Chief Patron: Prof. Manoj Sinha
Convener: Dr. J.K. Singh
Coordinator: Dr. Pritika Dua
Name of the Cell: The Finance and Investment Cell
Name of the collaborator: NSE Academy
Date and Time: 16-09-2022, 11 a.m. to 1 p.m.
Location: Jeevan Vihar Building, Parliament Street New Delhi-01
Purpose: Financial Empowerment through Financial Education
Summary of the event:-
Report on the visit of FIC Aryabhatta College to NSE office for an educational workshop.
FIC Aryabhatta aims to empower students through knowledge sharing on matters of finance, economics, and geopolitics.
NSE conducts financial education workshops through NSE Academy to develop a new generation of investors. Their expansion initiatives seek to transform India’s strong culture of saving into an “equity culture” and introduce more first-time investors to the Indian markets.
The session was conducted by Mr. Kunal Tyagi, an experienced business development manager at NSE. He started off by stating the purpose of NSE and gave us a brief into its history- NSE was incorporated in 1992 and recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994 by the launch of the wholesale debt market, followed shortly after by the launch of the cash market segment. He emphasized the difference in functioning of trading prior to 1995 when there was an “Open Out Cry System” and how it had become redundant due to its higher risk of manipulation, poor infrastructure, and less transparent ledger system.
He further expanded on the modern structure of NSE with its key features being demutualized exchange structure, SEBI’s retailers forward regulations, etc. as well as the NSE Group companies like NSE Clearing which is the backbone for settlement of transactions.
Mr. Kunal emphasized the importance of retail investors and the big scope for India to progress as only 3% of the population is investing as of now. Students were also made aware of the gravity of cyber attacks in this digital era and the importance of the stock exchange of any country being a crucial factor before any foreign investment is made.
Further, many definitions and concepts were touched upon for understanding trading, the types of markets, software like NEAT, what makes the basis of price, trading halt, etc. Students were apprised with newer trading options like Mutual Funds and Gold ETFs as well as investor rights and obligations.
Towards the end of the session, students were familiarized with internship programs and open online programs that can be utilised to increase knowledge about investing and trading.
The insights shared by Mr. Kunal Tyagi about the evolution of trading systems are quite eye-opening. It's fascinating to see how far we've come from the Open Out Cry System to today’s digital platforms. As someone who's keen on understanding finance, I often look for ways to deepen my knowledge, and resources like Tomodachi Life can be really helpful in that journey.
The visit of FIC Aryabhatta to the NSE office sheds light on the vital role of financial education in shaping future investors. Mr. Kunal Tyagi's insights on the evolution of trading systems, particularly the transition from the Open Out Cry System to today's digital trading, are fascinating. Understanding these changes can significantly aid students and young professionals in making informed investment decisions. Additionally, for those eager to explore deeper investment strategies, resources like GWYF Guide can provide valuable context and guidance.
The visit of FIC Aryabhatta to the NSE office highlights the critical role of financial education in shaping future investors. Mr. Kunal Tyagi's insights on the evolution of trading systems and the importance of retail investors are particularly noteworthy. As someone interested in finance, I find it essential to stay informed about such initiatives. For those looking to deepen their understanding, resources like VV Ultimatum Wiki can provide additional context on investment strategies.
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