Samco Securities Ltd
| File:Samco-logo.png | |
| ISIN | 🆔 |
|---|---|
| Industry | Financial services |
| Founded 📆 | March 2015 |
| Founder 👔 | Jimeet Modi |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Products 📟 | StockNote Rank MF CashPlus Option Fair Value Calculator Risk Advisor Data Bank Stock Ratings |
| Services | Stockbroker Electronic trading platform |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
SAMCO Securities is a Mumbai-based online stockbroker and the execution broker for the Indian Trading League.[1] It offers retail broking solutions using a flat fee model at Rs. 20 per transaction[2] on India’s leading Stock Exchanges (NSE, BSE, MSEI, MCX and NCDEX) across stocks, futures, options, currencies and commodities.[3] 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.[4]
History[edit]
SAMCO Ventures Private Limited was incorporated in March 2015.[5] It acquired Samruddhi Stock Brokers Limited and re-branded it to SAMCO Securities. In the same year, it launched the Indian Trading League (ITL[6]), India's only commodity and stocks investment and trading league.[7]
In February 2016, SAMCO Securities became the first discount broker in India to offer a margin funding facility with its "Cashplus" product.[8]
Products[edit]
Samco has launched products for Stock Trading and Mutual Funds
- StockNote: StockNote is a stock trading app enabling traders and investors to buy and sell securities[9]
- RankMF: RankMF is a mutual fund ranking & investment platform letting investors to buy and sell mutual funds easily[10]
References[edit]
- ↑ "About Samco -". SAMCO Securities.
- ↑ "Discount broking model". The Hindu. August 25, 2015. ISSN 0971-751X.
- ↑ India, Press Trust of. "Samco Securities sees biz turnover of Rs 10,000cr/day in 3yrs". Retrieved 2016-05-24.
- ↑ Reporter, B. S. (July 1, 2015). "Discount brokerage firm Samco sets eyes on Gujarat market".
- ↑ "About Samco". www.samco.in. SAMCO Securities.
- ↑ "SAMCO launches Indian Trading League". Times of India. 2015-05-07. Retrieved 2015-05-07.
- ↑ "SAMCO Securities Limited: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-12.
- ↑ "Discount broker SAMCO forays into margin funding". The Hindu Business Line. Retrieved 2016-02-18.
- ↑ Srivats, K. R. "SAMCO Securities launches giga trading app 'StockNote'". @businessline. Retrieved 2019-01-29.
- ↑ "Samco Securities launches automated mutual fund R&D, distribution platform". The Financial Express. 2018-11-29. Retrieved 2019-01-29.
External links[edit]
- "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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