The software is developed specially for Bullion Dealers who are required to change their quote for trade on tick to tick change in international price. This makes their task cumbersome as it is practically impossible to keep changing order in the exchange based on movement in international price. The software is facilitating this feature by order modification facility with reference to base price decided by the trader.

The salient feature of the software is as under

1. After log on to the system, the user need to define the base price to be used for placing order in NSEL
2. After that, Trader need to decide the Mark up price for placing order in NSEL for Bid and Ask side with reference to the base price selected by the him. Such mark up can be either positive, negative or zero.
3. The software automatically places order in NSEL (Bid / Ask) based on Mark up set with reference to base prices (Bid / Ask)
4. It has option to set the quantity to be traded and software will keep placing order till the declared quantity is traded after which, it will automatically deactivate the scrip selected for trading with cancellation of all pending order in NSEL and no further order will be placed.
5. Trading option – BUY / SELL / BOTH
   1. BUY Option: Declare the quantity which you want to buy and it will place order on BID Side only in NSEL. Once the declared quantity is BOUGHT, it will stop automatically and pending order will get cancelled.
   2. SELL Option : Declare the quantity which you want to sell and it will place order only on ASK Side in NSEL Once the declared quantity is SOLD, it will stop automatically and pending order will get cancelled.
   3. BOTH Option : Declare the quantity for BUY and SELL both and it will place order and permit trading only to the extent of quantity declared by trader for log and short.
   4. BOTH Option with Buy Quantity Declared only : It will first place the order in BID side of NSEL and once the trade is done for long, it will start placing order on ASK Side also for the quantity which is bought. In other word, it will not only try to BUY the quantity declared but will also try to SELL the bought quantity at profit. However, net quantity traded will never exceed BUY quantity declared or will not become Negative (Short quantity)
   5. BOTH Option with Sell Quantity Declared only : It will first place the order in ASK side of NSEL and once the trade is done for Short, it will start placing order on Bid Side also for the quantity which is Sold. In other word, it will not only try to sell the quantity declared but will also try to buy back SOLD quantity at profit. However, net quantity traded will never exceed SELL quantity declared or will not become Positive (Long quantity)
6. For any reason, if the software STOP button on top is pressed by mistake or otherwise, the software will automatically deactivate the script and all pending order in NSEL will be cancelled .
7. Once the script is deactivated for reason mentioned above, it will require to be activated manually for software to start placing order in NSEL.