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NSE starts mobile trading

Special Correspondent

NEW DELHI: The National Stock Exchange (NSE) on Tuesday launched mobile trading for registered clients, a move aimed at making trading simpler for customers.

The service will enable member brokers to only go through the regular compliance before facilitating their clients for mobile trading. “This is another facility the exchange is providing to 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,'' NSE CEO Ravi Narain said at the launch.

The NSE claimed that for the first time an Indian exchange would provide such facility free of cost to its clients through 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.

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