ICICI Securities launches Active Trader Service in Rajkot and Surat
Rajkot, March 17, 2009: ICICI Securities Ltd today announced the launch of Active Trader Service in Rajkot and Surat, two of the major cities in Gujarat.
Active Trader Service (ATS) is an offline-trading platform for active traders, providing specialised research & personalized service, with the aid of latest technology & infrastructure.
The entire ATS operation is supported by a dedicated team of derivative strategy specialists and is supported by fully equipped dealing room with over 120 dedicated Relationship Managers.
Positional Calls, Technical Picks, Momentum Picks, Roll Over Monitor, Open Interest Insight, Special Situation Arbitrage, Pair Calls are some of the products offered through ATS.
Speaking on the occasion, Mr Vishal Gulechha, Senior Vice President and Head of Equity, ICICI Securities Ltd. said, ??Markets have changed and the trading pattern must change with it. We at ICICI Securities want to bring a range of trading strategies rivaling the best of institutional strategies to our customers. This will enable them to exploit the opportunities in the current market and assist them in taking informed decisions in varied market conditions. Our Active Trader Service has been witnessing healthy growth with our client base expanding by 20% month-on-month and volumes increasing by 50% month-on-month. We firmly believe that large number of people in Surat and Rajkot would be benefited using these services.?
A robust set of research products have been developed to help ATS customers make informed investment decisions, depending on their risk profile, by analysing derivative market and other news like market and corporate information. Besides this, customers are also assisted by a dedicated Risk & Operations Team and have an online Back-Office access to view to their F & O Positions, Contract Notes, Ledgers and P&L Statements.
ICICI Securities is one of largest integrated securities firms in India covering the needs of corporate and retail customers through investment banking, institutional broking, retail broking and financial product distribution businesses. I-Sec has over 300 ICICIdirect Stores and an employee strength of almost 3,000 people.
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