Parsoli to launch online trading facility

Ahmedabad, Oct 12 (UNI) City-based Parsoli Corporation Limited (PCL) today said it will launch an online-trading facility at its various branches in Gujarat on October 22.

The new site, stockmultiplier.co.in, will be launched on October 22 at select branches in Gujarat, Mumbai and Bangalore, a company release said here.

The release said the product envisages opening of accounts namely a demat account and an online trading account.

Parsoli's Chief Financial Officer Talha Sareshwala said ''The stockmultiplier.co.in is our onlnie trading site to help the investors to execute their orders by themselves. While a frequent trader can have an exchange look alike trading screen.

Mr Sareshwala said the investor get streaming quotes on the internet for fast and efficient trading. Further, the product stockmultiplier.co.in has been designed in such a manner that customer will not have to part with funds in his financial account or securities in demat account unless the trade request has been executed successfully.

This facility would also be extended to the registered users of its Islamic Financial portal, islamicequity.co.in, for online trading in Sharia compliant stocks, he added.

UNI