Mumbai: Central Bank of India and Angel Broking have tied-up for the launch of a three-in-one online share trading facility. The facility will only be available to the bank's customers, said the broking firm at a press meet on Monday. Customers will be given a three-in-one account which will include a savings, a demat and a trading account. “The central theme of the solution is to make it easy for Central Bank of India customers to trade online, and manage all the three accounts i.e. deposit, demat and trading with a single online interface on a real-time basis,” said a release from the firm.
The platform will enable customers to mark funds from their deposit account towards the angel trading account. The customer can opt for trading in equities, futures and options, exchange traded currency derivatives among other segments. Within a month's time, customers will be able to make IPO bids on the platform as well, said Mr Vinay Agrawal, Executive Director, Angel Broking.
