Reliance Securities Ltd sees good opportunity in value-based broking with the launch of its new web-based share trading platform, said a top official on Monday.
"We see a huge opportunity in value-based broking segment in the country. Currently, the investors have to choose from a full-fledged broking model or a discount model," said B. Gopkumar, CEO Broking & Distribution Business, Reliance Capital, while launching the new trading platform here.
Reliance Securities is the broking arm of Reliance Capital.
"There is a substantial part of investors who fall into the value-based investing category. Reliance Securities will target a substantial share of this space in next three years," Gopkumar added.
Named TICK, the new web-based integrated trading platform uses big-data analytics and offers robo-insights to Indian retail investors.
"In the stock market, we believe the retail investor still finds it difficult to invest. With TICK we are offering the might of Big Data and Robo-Insights, coupled with some unique features, to make it easy for the retail investor to invest in the stock market," Gopkumar said.
According to him, a single powerful dashboard with key indicators and recommendations from various sources helps to get a macro view on each stock in one screen.
Sentiment score and corporate news helps in making investment decision. A lot of these are not available in an integrated manner in most trading platforms, he said.
The new platform also offers trade analytics wherein an investor can track his best and worst inclusions and exclusions in every portfolio.
The platform keeps track of stocks sold and bought in the past and gives their performance across various investments and potential loss/gain.
The platform also provides optimal risk strategies with easy to understand pay off matrix in the options segment.
