Tradeplus Version 2.0 Launch
Posted on: 14/Mar/2018 5:51:02 PM
Tradeplus launches a series of new products as Version 2 of its Broking services. Tradeplus was originally launched in the year 2014 as online brand of Navia Markets Ltd when it forayed into Discount Broking by introducing Zero Brokerage Plans @ flat fee of Rs.99/-. These brokerage plans are arguably the lowest in the industry.
In an event held recently at the Rain Tree Hotel in Chennai, the company launched its In-house developed Front end system, INFINI Trading Solutions (ITS). ITS comes as a package with INFINI Power as EXE platform and INFINI Web as browser platform while Mobile trading is integrated into TRADEPLUS Mobile APP. Built on the OMS/RMS of Thomson Reuters’ NEST TRADER, ITS is expected to notch up the Trading experience of its users considerably. 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 further launches its new Mutual Fund Platform, INFINI MF . The platform will enable the users to invest in Direct Mutual Funds of all top AMCs. It may be noted that In DIRECT mode of investment the MF intermediary /advisor gets no commission and hence the MF investor can save almost 1% per annum. This new MF system boasts of some unique features like Conditional Orders and FLEXI SIP Orders.
As part of Tradeplus Version 2.0, the company further re-launched its NRI Services and D-KYC module. The company has its NRI clients in countries like UAE, Oman, Singapore , Malaysia, Australia, New Zealand , US, Canada , UK , Nigeria, Kenya and Saudi Arabia. The re-launch of services emphasizes the importance of making it convenient for Non Resident Indians to transact in the financial markets of India. Tradeplus in association with Emudhra offers paperless account opening.
The Chairman of the company, Mr.Jawahar Vadivelu in his speech endorsed the views of the CEO and went on to state that the rate of change inside the organization should exceed the rate of change outside the organization. He was glad that Tradeplus has internalized this point and has it very much part of its DNA. He acknowledged the rapidness with which the Stock Broking Industry is evolving and that we need to be leaders of change. He concluded by stating that the company is extremely well positioned to be a positive agent of change and the team is very young and well poised to be a leader in the fast paced industry.
The CEO of the company, Mr. S K Hozefa unveiled the above products in the launch event which was attended by the company’s board members, employees, Business Partners, vendors, representatives from the exchanges and clients. In his speech, the CEO said that the change is coming at us with the greatest velocity 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.
