Canara Bank launches online trading portal

Subscribe to Oneindia News

New Delhi, Feb 18 (UNI) Public sector lender Canara Bank today said it has launched the online equity trading platform,, through its wholly-owned subsidiary Gilt Securities Trading Corporation Ltd (GSTCL).

''The online trading facility, to start with, will be available to all individual savings and current account holders in select CBS-compliant Canara Bank branches in Gujarat region,'' a statement said.

Existing customers having SB/CA in a CBS branch or demat account in Ahmedabad and Gujarat region can open a trading account with GSTCL, while fresh investors can avail of the new online trading platform by opening an integrated three-in-one account --a SB/CA at CBS Branch of Canara Bank, a demat account with Canara Bank and Trading account with GSTCL.

The trading account would be offered free with concessional brokerage for a limited period, it added.

''GSTCL is offering three market savvy products-Cash N Carry (delivery based product), Intra-day Trading (jobbing) and BITSOT (Buy In Today Sell Out Tomorrow), while the trading in F&O segment would be introduced shortly,'' it said.


Please Wait while comments are loading...