Business Standard

Monday, December 23, 2024 | 08:07 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Brokerages likely to tap into clients' appetite for overseas trading

At least three major brokerages are looking at making such offerings available to their clients

Foreign brokerages
Premium

Satish Menon, executive director at Geojit Financial Services, echoed the sentiment, while adding that it was a good product for those who wanted diversification.

Sachin P Mampatta Mumbai
An increasing number of brokerage firms are likely to offer clients the option to trade on stock exchanges of other countries.

At least three major brokerages are looking to make such offerings available to their clients, according to officials Business Standard spoke to. 

They include Angel Broking, Geojit Financial Services, and Samco Securities. A number of launches are focusing on trading in shares in the US.

Vinay Agrawal, chief executive officer of Angel Broking, said clients will likely be able to trade overseas shortly. “...we would be launching very soon... we are starting with US markets,” he said.  

“We are also in the process of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in