Forex trade in mumbai

Forex trade in mumbai

By: Infa-plus Date: 30.05.2017

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. While his eight other colleagues watch blinking screens to make trades, Agrawal listens to price movements on the trading terminal via special speech-recognition software feeding into a device in his left ear.

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India has more blind people than any country in the world, with 5. Standard Chartered aims to be the employer of choice for banking professionals with disabilities, and has hired some visually impaired people in senior roles around the world, a Mumbai-based spokesman said, without specifying how many.

Additionally, the bank has hired disabled people for entry-level sales jobs in nine countries, he said. There are only a handful of known blind finance professionals in the world.

Wall Street has at least two blind women: He served as a mentor to Agrawal when he was looking for a job, he said by telephone from London. Agrawal was diagnosed with the degenerative eye disease retinitis pigmentosa in as he was preparing to leave for undergraduate study in the U. Constrained by the diagnosis, he settled for studying accounting close to his home in Mumbai.

Agrawal, who had been planning to follow his father into his diamond trading business, started to read voraciously using a Kindle after his diagnosis. He also listened to business news channels. By the time he graduated in , Agrawal was unable to see.

Still, he had his mind made up about making a career in trading and investing in capital markets. But he found that none of the local brokerages or trading firms where he applied wanted to hire a blind person.

Agrawal, then 22, instead pooled together a couple hundred thousand dollars from friends and started equities trading on his own using a long-short strategy.

forex trade in mumbai

Three years later, when he returned the money to investors because he planned to begin an MBA in finance, he had logged a percent return on the initial investment, he said. He thought another degree from a respectable university would land him a job trading equities at a reputable firm. For seven straight months he kept looking for work without success, starting with equities trading desks and then branching out from there, he said. Eventually, Standard Chartered decided to hire him for its forex trading.

forex trade in mumbai

When he started at Standard Chartered, Agrawal, like other traders with no experience, was asked to record possible trades rather than actual ones, to see how he fared and to build up his confidence. Soon he moved to real-time trading. A conviction trade can be left for a longer period of time to show profits, and often involves taking a view on the wider trends in a particular economy or asset class.

Job Access With Speech — a screen-reading software known as JAWS provided to him by Standard Chartered — reads out charts and messages to him at lightning-fast speed, cutting down the processing time of information for him, Agrawal said. His iPhone 5 also reads out text messages as he receives them. Agrawal claims George Soros as a personal hero since , as most of the friends he had while sighted left him as he slowly turned blind.

Agrawal, who lives at home with family and never left Mumbai in his early years of blindness, is now comfortable traveling overseas alone. I like doing that.

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Having spent almost three years on the Standard Chartered trading floor, he knows each turn between the trading desks and can navigate the floor without the help of his cane or assistance from anyone.

He still reads about three books a month and aspires to become a more successful investor. Bloomberg Anywhere Remote Login Software Updates Manage Contracts and Orders. Facebook Twitter LinkedIn Instagram.

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India has the most blind people in the world, but little opportunity. Anto Antony aantony12 More stories by Anto Antony. Vishal Agrawal, foreign exchange trader at Standard Chartered, in Mumbai. Agrawal uses his mobile phone to listen to forex rates at his office. The most important business stories of the day. Get Bloomberg's daily newsletter.

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Agrawal listens to trade movements on his mobile phone. Before it's here, it's on the Bloomberg Terminal. Careers Made in NYC Advertise Ad Choices Website Feedback Help.

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