NSE starts mobile trading for clients | business | Hindustan Times
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NSE starts mobile trading for clients

business Updated: Nov 09, 2010 21:32 IST

The National Stock Exchange on Tuesday said it has started mobile trading for registered clients, a move that would make trading simpler for the customers.

The service will enable member brokers to only go through the regular compliance before facilitating their clients for mobile trading, National Stock Exchange (NSE) said in a statement.

“This is another facility the exchange is providing to the large universe of investors, to make trading simpler and easily accessible to clients on the move. We expect that nearly five million investors would benefit from this move,” said Ravi Narain, CEO and MD, NSE.

NSE claimed that for the first time an Indian exchange would provide such facility free of cost to its clients, through the brokers who have enrolled for ‘NOW’ (the software which is being used by a majority of the NSE brokers).

Earlier, just a few member brokers had the option of providing this facility to the clients at their own cost, it added.