Press Release June 4, 2009
ICICI Securities launches Active Trader Service in Coimbatore
Coimbatore: ICICI Securities Ltd today announced the launch of Active Trader Service in Coimbatore.
Active Trader Services (ATS) is an offline-trading platform for active traders, providing specialised research & personalized service, with the aid of latest technology & infrastructure.
Over the past few months, this service has been launched in several cities including Jaipur, Pune, Kochi, Indore, Ludhiana, Rajkot and Surat. I-Sec?s ATS has been witnessing healthy growth with its client base expanding by 20% month-on-month and volumes increasing by 50% month-on-month. The last quarter witnessed the highest growth in customer acquisition.
Speaking on the occasion, Mr T S Harihar, Senior Vice President, ICICI Securities Ltd. said, ?Coimbatore has a unique mix of high quality educational facilities and the dynamic entrepreneurship of over 40,000 SMEs, providing a natural fit for customers to engage in informed trading in equity and derivatives. ATS will fulfill this need by focusing on identifying and providing a wide variety of trading opportunities to the people of Coimbatore. ?
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.
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.
ICICIdirect.com has 1.9 mn customers. ICICIdirect conducts programs in over 250 of its stores across the country to empower retail investors to take informed decisions on their investments through the ICICIdirect Learning Centre. These programs include Shares simplified, F & O Simplified, Mutual Fund Primer and Insurance Intelligence.
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