Thursday, October 11, 2012

Trade Alerts for BSE Investors from Tomorrow, Oct 12


BSE, Bombay Stock Exchange the service of sending SMS to all investors from tomorrow as a move to check unauthorized stock market trades through investor accounts.

This service will start from October 12, as per the details of the investor available in the UCC (Unique Client Code) database.
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The National Stock Exchange (NSE) too would start sending transaction details to mobile phones and Email accounts of all retail investors with effect from October 15.

This service follows complaints against brokers and other market entities conducting transactions through accounts of their clients without the knowledge of the investor concerned.