MyBroker announces Online trading at one paise

Hyderabad, Sept 28 (UNI) MYBroker, the Online trading service of Motilal Oswal Securities Ltd(MSOL) announced its offering of one paise broking per Rs 100 in derivatives.

With this offer the MOSL had changed the rules of the broking industry, said the Chairman and Managing Director of MOLS Motilal Oswal.

He said in a statement that be it travel, shopping or B2B Online as a channel was able to expand the market using convenience and price as a competitive advantage.

Mr Oswal said today ten per cent of the total broking business had moved Online. The offer would further expand the market for Online trading by offering a state-of-the-art Online trading platform at a competitive cost, he added.

He said the move by MOSL was to attract more investors.

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