Paytm Money opens stock market trading in F&O segment
Paytm Money opens stock market trading in F&O segment
Share:

MUMBAI: India's homegrown digital financial services platform Paytm today announced that its wholly-owned subsidiary Paytm Money has opened Futures & Options stock market trading for all. India's homegrown digital financial services platform aims to empower the masses with Future and Option (F&O) trading as an important wealth management product.

The company said that it received an overwhelming response for F&O trading on its platform with over 1 lakh requests for its Early Access Program. Trading is now live on the Paytm Money app & website for all. The company said that it has enabled users with the lowest and most competitive brokerage at Rs. 10 for F&O, which is in line with its intraday charges of Rs.10, and zero for delivery.

The pricing disruption will benefit experienced as well as first-time traders to seamlessly trade in futures & options with a best-in-class product, on their mobile and in a secure environment. The F&O platform has seamless UI and easy onboarding that makes F&O trading accessible and feasible for every Indian.

Paytm Money said that during the Early Access Program the company witnessed massive interest coming from tier-III, tierIV, and the rest of India towns in F&O trade. It has also seen a rise in interest in wealth products in the user base below the age of 30 and women investors.

Union Cabinet clears trade pact with Mauritius

Sensex Slips 400 points, Nifty Ends At 15208 , down 104 points

RBI allows residents to make remittances to IFSCs under LRS

 

Join NewsTrack Whatsapp group
Related News