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ICICIDirect to launch BSE derivatives trading from tomorrow

Press Trust of India/New Delhi 20 Aug 12 | 04:54 PM

Apart from Rs 600 crore for developing roads, TRIL, a 100% subsidiary of Tata Sons Ltd, would also invest Rs 180 crore in Logistics and Rs 160 crore in developing real estate part of Hotels, Sanjay G Ubale, the company's Managing Director and CEO, told reporters here.Mumbai, Aug 20 (PTI) ICICI Securities today said that it will launch BSE derivatives trading on its investment portal from August 21.

The launch is aimed at providing an opportunity for retail customers to participate in the fast growing derivatives segment of the BSE, a statement issued here said.

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"We are glad to offer additional choice of exchange and index for our customers to trade," ICICI Securities MD & CEO Anup Bagchi said.

"With the launch of BSE derivatives on ICICIDirect, which has a customer base of over 2.3 million, the reach of derivatives segment of BSE would increase and the retail segment of investors would be able to participate in a larger way at a fraction of cost," BSE's interim CEO Ashish Chauhan said.

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