National stock Exchange was the first stock exchange which introduced Screen Based Trading System. Like many online traders Mr. Amit is also a master trader in the stock market and frequently place orders on real time basis. He is very familiar with NEAT Screen and its features. He knows how to place order limit as on Regular lot basis as it could be DAY/IOC orders. During the trade he sees his passive orders, security descriptor and small case basket trading, he knows how to set up and customized market watch window. He knows the trade occurs on price/time priority basis but not quantity appraisal. There are not any geographical preferences. Anonymity of each trades follow in SBTS. He takes the glimpse of preopen market order to make his strategy in the open phase of the market. Recently he went in one school where the students were studying Financial Market Management as core subject, they were learning the techniques of NEAT terminal .During the session he asked various questions to students regarding trading technicalities.Does National Stock Exchange allow online trading between two known parties (bilateral trade) through SBTS? a. Yes ,its allowed b. Yes but cashless c. No, SBTS basic feature is that the trade will take place anonymously. d. Yes but only in weekend trading