Surat (Gujarat) [India], March 10: The first-ever Indian Options Conclave (IOC) 3.0 (next generation) organised by India’s leading financial investments company, Jainam Group, proved beneficial for hundreds of young investors, allowing them to shape their career in the stock market, delta trading and its strategies with risk management.
The IOC 3.0, a brainchild of Milan Parikh, managing director and co-founder of Jainam Broking Limited, was organised at the Surat International Exhibition and Convention Centre (SIECC) at Surat’s Sarthana on March 5. The conclave witnessed the gathering of over 9,000 investors, including students from the colleges and students in Surat, Ahmedabad, Vadodara, and Bardoli.
An important series of seminars were organised to provide in-depth knowledge of stock trading, options trading, and risk management. A unique cafeteria was set up at the SIECC for the investors to connect with the exhibitors from the financial investment sector.
Ronak Unadkat, an options trader, spoke on ‘Spread Trading and their Adjustment in Different Market Conditions,’ Mitesh Patel, a future and options trader, spoke on ‘Journey of the Normal Trader to Option Trader,’ and Milan Parikh, co-founder and managing director of Jainam Broking Limited, spoke on ‘Risk Management in Derivatives.’
Milan Parikh, managing director and co-founder of Jainam Broking Limited, said, “The IOC 3.0 will go a long way in shaping the career of hundreds of Gen Next investors. Over 9,000 people participated offline and online. The entire conclave was telecast live on the social media platforms allowing the investors to gain insights into the world of the stock market and delta trading.”
According to Parikh, the idea behind organising the IOC 3.0 conclave was to spread awareness of career opportunities in the field of stock and options trading among the young generation. The conclave delved into educating the audiences on several practical options, trading styles, and tactics, as well as delta trading and its future.
On the ongoing Russia-Ukraine war, Parikh said, “The world markets are in turmoil due to the Russian invasion in Ukraine. At the conclave, the investors were given key tips on managing risks in the options trade amid the Russia-Ukraine war and its impact on the stock market in India.”
The conclave touched upon the latest development in the stock market trading known as Algorithmic trading. It is a way of executing orders using automated pre-programmed trading instructions that account for variables such as time, price, and volume.
Established in 2003, Jainam Group has a long history in the financial investments industry. The company has been providing a gamut of services under one roof, starting from equity and derivatives trading to commodity trading, from research and analysis to wealth management advisory, from E-Broking to E-KYC, and customizing services for non-resident Indians.
Jainam is a market leader for providing delta trading and has more than 5,000 active options traders associated with about 23 branches across the country.