SAMCO Securities
SAMCO Securities is a Mumbai-based online discount broker and the execution broker for The INDIAN Trading League. It offers retail broking solutions using a flat fee model at Rs. 20 per transaction on India’s leading Stock Exchanges (NSE, BSE, MSEI, MCX and NCDEX) across stocks, futures, options, currencies and commodities. Commodity transactions are routed through SAMCO Commodities Ltd, a wholly owned subsidiary. The Company has set up a service center in Ahmedabad City of Gujarat.
History
The firm was established in 1993, was previously known as Samruddhi Stock Brokers Limited. In 2015, the company changed its name to SAMCO Securities Limited. In the same year, it launched the Indian Trading League (ITL), India's only commodity and stocks investment and trading league.
In February 2016, SAMCO Securities became the first discount broker in India to offer a margin funding facility with its "Cashplus" product.
External links
- "Economic Times" Retrieved 2016-03-15 Economictimes.indiatimes.com
- "NewsVoir" Retrieved 2015-05-07 Newsvoir.com
- "Business Standard" Retrieved 2015-07-01 Business-standard.com
- "Business Standard" Retrieved 2016-02-18 Business-standard.com
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