Press Release: Launch of Tradeplus Version 2.0
Posted on: 24/Nov/2017 1:18:07 PM
Tradeplus, an online brand of Navia Markets Ltd, recently launched Version 2 of its state of the art trading platform, with a slew of new features. Tradeplus was originally launched in the year 2014 when the company forayed into Discount Broking, introducing Zero Brokerage Plans at a flat fee of Rs.99/-. Tradeplus’ brokerage plans are arguably the lowest in the industry.
Its new Front end trading system, INFINI Trading Solutions (ITS), comes packaged together with INFINI Power as EXE platform and INFINI Web as browser platform while Mobile trading is integrated into the TRADEPLUS Mobile APP. Built on the OMS/RMS of Thomson Reuters’ NEST TRADER, ITS is expected to notch up the user experience of its customers. The integrated Front end system is loaded with Trading and Market Analytics tools in Equity, Currency and Commodity segments across all exchanges, namely NSE, BSE and MCX.
Tradeplus has simultaneously launched its new Mutual Fund Platform, INFINI MF. The platform enables users to invest directly in Mutual Funds of all top AMCs. There being no intermediaries in the DIRECT mode, an investor in a mutual fund can save almost 1% per annum by way of distributor commissions that would otherwise have been paid. The new MF system also boasts of unique features such as Conditional Orders and FLEXI SIP Orders.
As part of Tradeplus Version 2.0, the company has further enhanced its NRI Services, making it even more convenient for Non Resident Indians to access and transact in financial markets in India. The company presently has NRI clients across countries such as UAE, Oman, Singapore , Malaysia, Australia, New Zealand , US, Canada , UK , Nigeria, Kenya and Saudi Arabia. Tradeplus Version 2 also features a D-KYC system, paving the way for paperless account opening.
The Chairman of the company, Jawahar Vadivelu said that in a rapidly evolving external environment, organizations need to be adaptive and nimble footed, such that the rate of change inside the organization should always exceed the rate of change outside of it. He was glad that Tradeplus has internalized this and has it very much as part of its DNA. He acknowledged the readiness of Tradeplus to be a positive agent of change and be a leader in this fast paced industry in the years ahead.
The CEO of the company, S.K. Hozefa, added that change is coming at such great velocity, unprecedented in human history. Technology is accelerating the pace of business at unthinkable speeds. Without question this velocity of change will be difficult for many. Yet it is also a tremendous opportunity for those who are ready to lead the shift into learning to manage uncertainty. And that is why Tradeplus version 2.0 is not a destination for us, it’s just a milestone in our journey. He further said that that Tradeplus is already thinking ahead and making the organization future ready.
