Mumbai: Indiabulls Securities has launched mobile trading platform ‘Tradelite’ for trading on the National Stock Exchange (NSE).
Using ‘Tradelite’, Indiabulls customers can now place their orders through their mobile phones, a press release issued in Mumbai stated.
The company had already launched the facility for trading on the Bombay Stock Exchange.
This user-friendly application has features of a normal trading platform like market rates, order-book, order entry screen, order modification/deletion and account reports on a smaller interface.
Commenting on the launch, Indiabulls Securities’ CEO, Divyesh Shah, said, “Indiabulls Securities has already entered the mobile trading platform on the BSE and highlighted its growing ability to be at the forefront of innovation. Building on the success of the mobile platform for the BSE, we have now expanded our network for the NSE.”
Indiabulls customers will be able to access ‘Tradelite’ through GPRS-enabled mobile phone by entering a dedicated URL. The company has taken special care to provide a high-level security whereby all communication on this trading platform is 128 bit encrypted and certified by Verisign.
Along with their user-name and password, users will also be required to provide their second-level transaction password through a secured ID token, the release said.