Suresh, flung his right leg as soon as he parked his bike in the crowded parking space in-front of his brokerage office, where he worked. Traffic blockade caused by seasonal rain, delayed his arrival by almost 15 minutes and it was just five minutes to ten when he reached. He rushed in, discarding a call from the behind, a familiar voice. The anxiety caused to the traders who eagerly await for his arrival at his terminal, disturbed him in no small measure. With only five minutes to go for the opening of the market, just landed and sat comfortably, as his machine was already set ready for the day’s trading operations. He knew the regulars by their voices that, he can put the orders by entering their trading codes with almost cent per cent accuracy. So a day of his absence meant a lot to his clients.
A dealer in a brokerage interacts with clients over phone and with those who occupy vantage seats well in advance, lest they miss a sudden gush up in a particular scrip and announce to the others that he was the first to discover the impending flare-up in that particular scrip. A dealer assisted them in putting their orders and confirms its execution. There used to be claims and counter-claims about the movement of any scrip on the screen. All dealers were not well-informed and howlers from them caused havoc.
There used to be a scramble for space for watching their particular scrip and the short-tempered among the dealers to be handled with care. They would revise the price and quantity and sometimes wrong instructions to sell instead of buy and to buy instead of sell and then contradict. If it favored them they will keep mum and if it goes against them then it is hell for the dealer.
It so happened one day; finding that his selling orders are not getting executed, the trader glued to the terminal, with his scrip on top, asked a dealer, who was new to this group of traders, to lower the price. In typical Malayalam, it went like this; “solpam thath idu”. The dealer thinking that he wanted a better view, dropped the scrip from the top to the fourth line. Again after some time, the impatient client asked him “korochukodi thathu idu”. The dealer again lowered the scrip to the eighth line. Exasperated the trader revised the price and the dealers brought the scrip to the 16th level on the screen. At his wits end, the dealer screamed, “korachumkude thakku”. To this dealer, non chalantly replied, ‘inithathal screen te purathakum”. Now only the trader realized the gulf in communication and walked out in a huff.
Anecdotes are plenty as well as the thrill. Every day is different and each day present an opportunity to go long or short. A Dealer, an experienced one, was asked a question by a client, “What is TATA Motor DVR?”. He coolly answered, “That is the subsidiary company of Tata Motors”. Suddenly there was a wild guffaw at the counter that arrested the attention of one and all. “What is wrong? Is it wrong?”, the dealer reacted. ” Yes man, you are wrong, doubly wrong. If you don’t know admit that and don’t give out blunders”, retorted the client who was the ‘owner’ of the ‘wild’ guffaw and corrected him in his stentorian voice. Weighed down by the insult. that too in-front of valuable clients, many of whom who consider him a stalwart and equally chided in front of his junior colleagues, for whom he was a wealth of experience and information, he left the counter feigning head-ache and and never to return that day.
Suresh had a client who had a particular interest in Williamson Magor. He used to ask its quote umpteen number of times, over phone, as if BSNL lines were absolutely free for him. He called him 10 to 15 times during those five and half hours of trading time, and was almost an intruder and his frequency annoyed other traders. Once he gets the quote he will hang up immediately. He neither ‘bought or sold. Just he will say ‘Williams’, Suresh immediately told the price. There ends. Again after 10 minutes, he would call again. Of course he was a nuisance. So whenever 10 or 15 minutes elapse, Suresh got ready for his call. Suresh had a very healthy relationship, that he one day arrived in the evening and after inquiring at the front-office presented himself before me announced and introduced himself as the great “williams”.
One day, Suresh had to take a leave and another person, a was posted to take his seat that day. All other traders were, precisely, waiting for this day. They worked out a plan to outwit and to cut to size, the man nick-named in the circle as Mr.Williams.
The trading began as usual. One trader who is seated near to Arun told him in advance. “Williams saar nu call varum. Saar backila irrikunnathu”. Arun nodded. Soon the calls started. Unaware of the receiver at the the other end and the receiver unaware of and not properly given instruction about this ‘particular’ regular caller, picked up the receiver. “Williams”. “Sorry, my name is Arun.”. Again the caller said ‘Williams”, Arun looked back, and asked, “Who is Mr.Williams, Someone is asking for him. This is the second time”. Then another trader told him. Williams has gone for tea. Arun immediately told the caller, “Willaims has gone out for tea”. He hung up. All the other traders were celebrating. Arun remained calm and unaffected. Again call came, ‘Williams’. Arun turned back, “William saar ethiyo?’. Now another trader answered. “He is in the washroom”. Arun promptly announced that to the caller. The caller about to clarify further, but other traders forced Arun to hang up again, which Arun did reluctantly.There was an uproar from the behind. Again the call came, this time caller changed the style. “Is it not Suresh, who is this?” Arun polietly said “I am Arun and not Suresh”. The caller clarified “I want the price of Williamson Magor”.
Arun found out he was taken for a ride by his clients to take revenge on Mr.Williams.
Next day, when Suresh returned, the celebration was unabated. His enthusiasm and effervescence evaporated and he turned glum when everybody, much to his chagrin, asked him “Ini enna adutha leave?”.