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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