SHCL Online Trading

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Stock Holding Corporation Limited

Stock Holding Corporation Limited offers a service known as ADVAIT which is nothing but another form of SHCL Online Trading as it is an integrated, web-based, online reporting system providing the clientele an easy access to institutional reports with increasing security features. Their main objective is to help its clients lessen risk and optimize efficiencies and for this they have been depending more on their SHCL Online Trading portal.

SHCL Online Trading

SHCL Online Trading or STOCKdirect has brought about a revolutionary change in the transaction process of buying and selling shares. This online trading system acts an an intermittent between the leading brokers, national and international banks and SHCIL. The SHCL Online Trading was the first online trading platform of India which was launched in 1999. Regarding the tariff rate it is 0.50% with a minimum of Rs 50/- per client per broker per settlement.

Features of SHCL Online Trading

At present SHCL Online Trading is the most secure online trading platform with a combination of encryption technology and digital signature features. The other significant features of the SHCL Online Trading are like:
  • On the basis of a single instruction trading process gets combined with fund and share transfers
  • Trade from home on the Internet with a floppy containing the STOCKdirect software
  • Security measures based on encryption and digital signature technology making the online deals completely secure
  • A Purchase Advance account is opened with SHCIL to facilitate the transfer of funds
  • Choice of the stock exchange to pursue trading transactions like BSE & NSE

Last Updated on 7th July 2011