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Trading of Shares Through Smart Phones More Than Doubled in 2014-15 (Till February 2015) as Compared to Last Year (2013-14)

Dated:- 14-3-2015 - Trading of shares through smart phones has increased. The Securities and Exchange Board of India (SEBI) permitted securities trading using wireless technology vide its circular dated August 27, 2010. The said circular deals with trading using devises such as mobile phones, laptops with data cards etc., which use Internet Protocol. Based on information provided by SEBI, the details regarding trading of shares through Securities Trading using Wireless Technology (STWT) in Cash .....

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ges are required to assure compliance of brokers. These include: i) To ensure secure access, encryption and security of communication for internet-based trading and securities trading using wireless technology. The level of encryption in this regard is governed by Department of Telecommunications, policy regulation. ii) Adequate measures to be provided for user identification and authentication and access control to prevent misuse of such facility by unauthorized persons. iii) Unique identificat .....

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