Mumbai, March 8, 2013: RKSV Securities, a three year old retail brokerage firm, has shot into prominence by crossing Rs. 3000 crore at the National Stock Exchange and becoming one of the leading brokerage firms of India in terms of turnover done.
A specialist in discount brokerage, RKSV Securities leveraged state of the art technology and centralized operations to provide one of the most cost effective services in India. It also introduced unique and value for money offers through its innovative, brokerage free pricing plans: the 1947 Freedom Plan, Dream plan and Currency 999 Plan- that gained traction with the trading community.
"When we started operations in India three years back, the nation was in the middle of a recession. We also saw that the technology used by the leading brokerages was elementary and our experience in the US showed that there was sufficient room for technological improvement. By focusing on technology and unbeatable pricing models that provided astronomical discounts on brokerage, we could make deep dents in the market," disclosed Mr. Raghu Kumar, Co-Founder, RKSV Securities.
RKSV Securities holds memberships with the NSE, BSE and MCX SX in India. The company started its retail operations in 2012 with revolutionary 1947 Freedom Plan but was a major participant in proprietary trading from 2009 onwards. A zero brokerage plan, the 1947 Freedom Plan enables traders to do unlimited trading across cash and derivative segments at a flat rate of Rs. 1947 per month. The recently launched Dream plan, with a flat fee of Rs. 25 per order traded irrespective of size of trade and across all segments, allows investors and traders alike the benefit of becoming a client of RKSV without any monthly commitment. An innovative referral program and unlimited trading plan for currency trading (Currency 999 Plan) are some of the other plans with attractive price models.
About RKSV Securities: RKSV Securities is an innovative discount broking house that is spearheading the online retail trading space in India. With memberships at all the principal exchanges in the country, including the National Stock Exchange, Bombay Stock Exchange, and Multi-Commodity Exchange Stock Exchange, the firm offers pricing plans across the Equity, Futures & Options (F&O) and Currency Derivatives segments. RKSV Securities comprehensively covers the participating need of retail traders in India and is quickly emerging and one of the leading discount brokers in the country.