This was done through its local JV partner, Geojit Financial Services, a press release issued here stated.
It is the first brokerage house to offer full DMA execution, the release added.
This adds the 15th exchange to BNP Paribas DMA offering in Asia across Australia, Hong Kong, Japan, Korea, Singapore, Taiwan and Thailand.
"Following the launch of our India research products a month ago, this full DMA execution is the second milestone in the rapid development of our capabilities in the India market," BNP Paribas Securities India's CEO, Abhijit Raha, said.
"Despite the tough market conditions, we are committed to continue investing in our securities business in India and the rest of Asia," BNP Paribas Securities Asia's CEO, Pierre Rousseau, said.
"With current credit ratings of S&P AA+ and Moody's Aa1, BNP Paribas has emerged as one of the most credit worthy international banks at a time when a lot of our clients are concerned with counterpart risk," he said.
