Financial services provider Religare Enterprises today said its brokerage arm, in association with NTT Europe Online, has launched online trading services in line with its global expansion plans.
"Religare Hichens Harrison (RHH) has launched its Contracts For Difference (CFD) and spread-betting online trading services in association with NTT Europe Online, Religare Enterprises said in a filing to the Bombay Stock Exchange.
The online foray of RHH is a result of its ambition to reach out to wider audiences globally and expand its products and services online, the filing added.
"With NTT Europe's tried and tested expertise in platform hosting services, we can now seamlessly offer our services over the web... The feedback we have received so far from some of the users has been very positive," RHH Head of Margin Products Chris Cheverall said.
NTT Europe Online provides managed hosting, security and application management services to businesses globally.
Shares of Religare were trading at Rs 320 on BSE in late afternoon, up by 0.63 per cent over the previous close.