Rel Money launches mobile trading in equities, commodities

Rel Money launches mobile trading in equities, commodities
PTI
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First Published: Tue, Feb 24 2009. 12 25 PM IST
Updated: Tue, Feb 24 2009. 12 25 PM IST
Mumbai: Anil Ambani group company Reliance Money on Tuesday introduced trading in both equities and commodities across all mobile platforms, independent of device and operators.
The company launched its mobile trading platform -- the first of its kind by any Indian company -- which would offer equities and commodity trading services to its investors across all telecom operators.
With this initiative, the company will now be tapping approximately 347 million telecom users in India.
“Any Reliance Money customer, who has an Internet access through GPRS or CDMA-enabled mobile phone, can log into the Reliance Money website using his/her existing user ID, security token number and trade in equities and commodities,” Reliance Money director and CEO Sudip Bandhopadhyay said.
Volantis, Wipro and Religare Technova are the technology partners, he added.
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First Published: Tue, Feb 24 2009. 12 25 PM IST