tag:blogger.com,1999:blog-19649274.post3066802858249665567..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: The BPO path to international financeAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-19649274.post-23485300170359508202009-09-21T16:29:00.615+05:302009-09-21T16:29:00.615+05:30The BPOs in India face an enormous challenge in re...The BPOs in India face an enormous challenge in reducing attrition rate and this being a nascent industry needs to draw parallels.Before we proceed its important to understand the underlying reasons for high attrition rates, which are pretty steep and are around 40-50%. Currently it is about 35% in non-voice and 45% in voice call centers. About 80% of them look for better careers within the same industry.BPOhttp://www.fusionbposervices.com/noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-91196723446894533962009-02-26T18:00:00.000+05:302009-02-26T18:00:00.000+05:30I think this is very important development in the ...I think this is very important development in the path to Trading expertise.The need for volatility trading market need not be over emphasised in a globally integrated market scenario.<BR/><BR/>There a few firms like Futures First in Hyderabad doing trading as smart human capital is available.<BR/>Intraday trading in US markets one firm comes to mind is SMB Training and their blog gives lot of good ideas.<BR/>I think for developing volatility trading liquid stock options market is key.Gangineni Dhananjhayhttps://www.blogger.com/profile/16614044132553980548noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-23245665669141366852009-02-25T18:45:00.000+05:302009-02-25T18:45:00.000+05:30This comment has been removed by the author.umeshhttps://www.blogger.com/profile/16118827870656917545noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-57340476038229361882009-02-25T17:29:00.000+05:302009-02-25T17:29:00.000+05:30More than half of my community does NSE/BSE and ca...More than half of my community does NSE/BSE and cash/future arbitrage trading. they are cowboys, literally. <BR/><BR/>the compensation structure goes something like this: 50-60% of the profits/loss go to the broker and the remaining is split in half between the two traders (yes, they work in pairs).<BR/><BR/>bull markets see them take home any where in the north of Rs.35-40,000 per month (USD 700-800)...in some of the cases the take home per trader is higher than a lac per month. however, there is no fixed salary.<BR/><BR/>take home profits drop by as much as 60-70% (and in some case even more) during bear markets.<BR/><BR/>some of the brokers have put smart risk management systems, wherein every trade of every pair is monitored closely. traders are not allowed to speculate, which means if there is a large gap (defined as say a difference of more than 0.5%), they are first warned and on a repeat, asked to leave.<BR/><BR/>the biggest strength of this bunch of traders is there adaptability. most of them are not even graduates, and yet they trade in cash, options and futures for stocks and commodities like pros. one of my uncles does decent amount of options trading (he specializes in volatility arbitrage...which in his language is "volatility khate hain", without knowing anything about black scholes and the likes.<BR/><BR/>i truly believe outsourcing of trading (more specifically arbitrage trading) is here to stay, regulations permitting!Ravi Purohithttps://www.blogger.com/profile/17616076999283569192noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-3404527012668307012009-02-25T15:59:00.000+05:302009-02-25T15:59:00.000+05:30You have mentioned that "Some of the most exciting...You have mentioned that "Some of the most exciting finance will take place on Indian soil, at a safe distance from the faulty mechanisms of Indian legal/regulatory/tax systems". Is it not a very sad state of affairs if we can't set our own house in order!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-91953229192191974092009-02-25T13:01:00.000+05:302009-02-25T13:01:00.000+05:30This is not new. There are a few others. I persona...This is not new. There are a few others. I personally know of one hedge fund that has 100 people in an office in Andheri in Bombay doing just this.Anonymousnoreply@blogger.com