Online financial trading simulator website to be launched tomorrow

Mumbai, Jan 30 (UNI) Global TradeCracker will launch a comprehensive online financial trading simulator website - www.tradecracker.com tomorrow.

The website will be launched by Vaibhav Morarka, Director of Global TradeCracker Limited and Jayant Patil, Minister of Finance and Planning, Government of Maharashtra will be the guest of honour.

The website is the complete one stop solution to all queries and myths regarding markets, equity, mutual funds, derivatives, commodities, futures, options and various other financial products which are traded each day in the market. The website will help to create one's own mock portfolio and have mock trading sessions online and that too with the real market stocks and prices.

The website members can practice and develop trading strategies by using mock money in a realistic financial environment and get enough practice before risking their hard earned money in the real world, a release stated.

Mr Morarka said, ''Such simulations are fairly common in developed countries but, Tradecracker is the first of its kind, created especially for the Indian market. Investors can learn about new financial instruments by investing in them using mock money and by reading about them in the research and quotes sections. This will also help prevent incorrect judgements resulting in huge losses for some investors. In short, it's the smartest and easiest way to be financially empowered in the Trade Market.'' UNI LS GR AG1846