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Bonanza Group opens Kerala branch

KOZHIKODE: The Mumbai-based Bonanza Group, a leading financial services and brokerage firm has opened the State's first branch in Kozhikode. The Malabar Chamber of Commerce president, J. A. Majeed opened its office at a function at the P. K. Complex, R. C. Road, here on Monday. The Bonanza's client trading activities include prime brokerage services, fixed income and account management. It has memberships of all the principal exchanges. National Stock Exchange of India, Mumbai Stock Exchange, Futures and Option Segment of NSEIL and BSE, National Commodity and Derivatives Exchange, Multi Commodity Exchange, OTC Exchange of India and Depository Participant with National Securities Depository Limited. Bonanza being corporate agents for Life and Non-life Insurance (both foreign, private and State-owned insurance companies) provides sound risk management and insurance distribution services.

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