MSE Financial Services Ltd. (MSE FSL), a member of the BSE and NSE (National Stock Exchange), has commenced online trading. MSE FSL is also a registered depository participant.
The online trading facility is primarily intended to help retail investors experience and enjoy the thrill of investing on their own in equities.
This facility will help MSE FSL to reach out to many clients. "The online trading facility will provide the investing community a sense of comfort and a feeling of protection as well," said Mr. V. Nagappan, Chief Mentor at MSE FSL.
With this, an investor can now open a DP (depository participant) account with MSE FSL. By using a downloadable app created by MSE FSL, an investor can identify scrip for buying or selling. The app will also provide an investor with adequate information on the company concerned and its fundamentals to arrive at a buy/sell decision.
The online trading facility allows investor flexibility in device use. An investor can use mobile handset, desktop and internet to do online trading.
With the online trading facility in position now, MSE FSL is planning to expand its branch network across India. Currently, it has six branches. By the end of this month, two more branches will be added to its network. It is gearing up to open branches at Bengaluru and Hyderabad in the coming days. Initially, the branch network expansion push will focus on South.