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HDFC Securities launches mobile trading apps
Customers can use these apps to place orders in equities and derivatives, get stock quotes and track market movements InformationWeek News Network, January 05, 2012

HDFC Securities, a subsidiary of HDFC Bank, has announced the availability of a Trading Engine for mobile phones. As per the company, mobile trading apps are available on Android, BlackBerry and Microsoft Window-based phones as well as on tablets. The apps will facilitate clients to trade, transact and receive market information anytime, anywhere.

Customers can use these apps to place orders in equities and derivatives, get stock quotes, online hold/release of funds and securities, market-watches, track market movements and positions, place off-market orders etc. Aided by 256-bit encryption, the apps ensure that the transactions remain under foolproof security.

Jyotheesh Kumar, Head-Marketing, HDFC Securities, said, “HDFC Securities has always been at the forefront of introducing pioneering technology applications in line with the consumer requirement. By the end of this month, our iPhone apps for phone and tablets would also go live for customers. Definitely we see mobile technology as a harbinger for growth.”

HDFC Securities had earlier introduced midlet-based mobile applications in 2011, which was the company’s first step in taking online trading from computer screens to phones.



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