Trading Systems and time series econometric methods for the financial market

A basic level capital market is required to enable issuers to get a diverse set of investors to invest in their projects by offering the investors a part ownership of the enterprise. Apart from this a market would also enable investors to get out of an investment if they spot better opportunity or if they need the money to fulfill some other obligations. Such kind of capital markets were first set up in India in Mumbai and Ahemdabad in 1875 and 1894 as voluntary non profit making associations.