HDFC securities

HDFC securities
Private
Industry Financial Services
Stock Broker
Mutual funds
Capital Markets
Founded 2000
Headquarters Mumbai, Maharashtra, India
Area served
 Worldwide
Key people
 Bharat Shah, Chairman
Dhiraj Relli Managing Director & CEO
Parent HDFC Bank
Website www.hdfcsec.com

HDFC securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India . It is one of the leading stock broking companies in India and have completed 15 years in operation. HDFC securities was founded in the year 2000 and is headquartered in Mumbai with branches across major cities and towns in India.[1]

History

HDFC securities began operations in April 2000. In the beginning it was a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited.

Along with offering stock broking services, HDFC securities is also a distributor of financial products. In 2006, HDFC Bank bought HDFC Ltd's stake and in 2008 acquired another 4% from Indocean eSecurities. Currently HDFC securities is a subsidiary of HDFC Bank.[2][3]

Management

Business

HDFC Securities Ltd, is a stock broking and distribution arm of the HDFC Group. One of the oldest broking houses in India, its operations include stock broking and distribution of various financial products. It is a corporate member of both the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). HDFC securities is well known with professional traders for its comprehensive online trading portal offerings.

Milestones

April 2000: Inception of HDFC securities. It was a joint venture among HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited.[8] April 2000: Inauguration of the first branch in Mumbai

May 2000: HDFC securities launched its own website

June 2000: Launched stock trading on Bombay Stock Exchange

August 2000: Launched stock trading on National Stock Exchange

November 2000: Introduction of online trading

August 2003: Rolled out online trading in Futures & Options

January 2006: Introduced online IPO/FD system that allowed investors to invest in IPOs and Corporate Fixed Deposits online

March 2008: Pioneered the concept of SIP in equities by launching Do-It-Yourself (DIYSIP) in equities and ETFs[9]

December 2009: Launched BLINK: a trading engine that lets traders place stock orders at lightning fast speed,

November 2010: Launched state of the art website with several advanced features such as unified search option, single sign on, search engine friendly architecture, portfolio tracker and a robust research radar

February 2011: One of the first brokerage houses to launch mobile trading app for equity trading[10]

June 2011: Rolled out Futures & Options on mobile trading platform

December 2011: Launched an exclusive mobile trading app for Android phones and Blackberry[11]

March 2012: Launched an exclusive mobile trading app for iPhone[12]

June 2012: Started offering National Pension System[13]

August 2012: Launched Deep ORS, a sophisticated portfolio tracker that allows investors to trade from their portfolio itself.

June 2013: Introduced e-filing of Income Tax Return

June 2013: Introduced online mutual fund service that allows customers to invest in mutual fund units through their trading account[14]

July 2013: Took DIYSIP online whereby the investors can invest, track and manage their DIYSIP investments online.

April 2014: Launched an exclusive trading app for iPad

June 2014: Launched next generation trading app for iPhone which facilitates a holistic investment experience[15]

September 2014: Launched next generation trading app for Android Phone which facilitates a holistic investment experience

Awards or Recognitions

2015: Runner up in the "Best e-brokerage House" category by Outlook Money

2014: Zee Business – India’s Best Market Analyst Award 2014 under Equity Banking[16]

2014: “Best Financial Markets Technology Implementation of the Year” award by The Asian Banker[17]

2013: Runner up in the “Best e-brokerage House” category by Outlook Money[18]

2012: Runner up in the “Best e-brokerage House” category by Outlook Money

2011: “Largest e-brokerage house” by BSE-Dun & Bradstreet[19]

2010: Runner up in the “Best e-brokerage House” category by Outlook Money[20]

References

  1. ↑ "Company Overview of HDFC Securities Limited". businessweek.com. Retrieved 22 January 2015.
  2. ↑ "History". www.hdfcsec.com. HDFC securities. Retrieved 23 January 2015.
  3. ↑ "HDFC securities Trading Platform, Demat Brokerage, Charges and Reviews". www.stockamj.com/. Retrieved 22 January 2015.
  4. ↑ "Bharat Shah: Executive Profile & Biography". businessweek.com. Bloomberg Business Week. Retrieved 22 January 2015.
  5. ↑ "HDFC Securities appoints Dhiraj Relli as MD and CEO". The Financial Express. June 15, 2015. Retrieved 16 June 2015.
  6. ↑ "C.V. Ganesh Executive Profile & Biography". http://investing.businessweek.com/. Bloomberg Business Week. Retrieved 22 January 2015.
  7. ↑ "Jyotheesh Kumar: Executive Profile & Biography". http://investing.businessweek.com/. Bloomberg Businessweek. Retrieved 22 January 2015.
  8. ↑ "HDFC Securities Limited" (PDF). www.icra.in. ICRA. Retrieved 22 January 2015.
  9. ↑ "Now you can buy stocks through SIPs". The Economic Times. Jan 24, 2011. Retrieved 22 January 2015.
  10. ↑ "HDFC Securities has announced mobile phone apps for trading". The Economic Times. Jan 5, 2012. Retrieved 22 January 2015.
  11. ↑ "HDFC Securities launches Mobile Trading Apps". India Infoline. January 4, 2012. Retrieved 22 January 2015.
  12. ↑ "HDFC Securities has announced mobile phone apps for trading". The Economic Times. Jan 5, 2012. Retrieved 22 January 2015.
  13. ↑ "HDFC Securities appointed official distributor for National Pension System by PFRDA". The Economic Times. Oct 2, 2012. Retrieved 22 January 2015.
  14. ↑ "HDFC securities Trading Platform, Demat Brokerage, Charges and Reviews". Retrieved 22 January 2015.
  15. ↑ "HDFC Securities launches mobile trading apps". Digit (05 - Jan - 2012). Retrieved 22 January 2015.
  16. ↑ "Zee Business presents ‘India’s Best Market Analyst’ Awards 2014". Zee News. December 13, 2014. Retrieved 22 January 2015.
  17. ↑ "The Asian Banker Financial Markets Awards". http://www.asianbankerawards.com/. Retrieved 22 January 2015.
  18. ↑ "HDFC Securities is recognized for its trading platform that runs on Securities Trading and Securities Processing Solutions from TCS BaNCS". http://www.tcs.com/. Retrieved 22 January 2015.
  19. ↑ "HDFC Securities". http://www.marketcalls.in/. Retrieved 22 January 2015.
  20. ↑ "HDFC Securities". http://www.marketcalls.in/. Retrieved 22 January 2015.

External links

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