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Reliance Money launches new platform

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Press Trust of India Kolkata
Last Updated : Jan 21 2013 | 1:47 AM IST

Reliance Money today launched a platform which would allow investors and traders unlimited trading facility at a fixed rate.

Executive Director of Reliance Securities Vikrant Gugnani said the new product 'Trade Unlimited' priced at Rs 6,000 would allow customers to trade at a competitive brokerage fee.

He said such accounts would be activated within 10-15 days of subscription and would remain valid for 90 days.

Gugnani said the present daily average trade on Reliance Money platform was Rs 1,600 crore.

With a subscription base of 9.5 lakh, the company was in the process of expanding the branch network, he said.

At present, the company has around 45,000 touchpoints and 3,000 outlets.

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First Published: Feb 02 2010 | 5:10 PM IST

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