Trade Smart Online, a leading discount broking firm, has launched an app for option traders.
The app, ‘SINE’, scans market opportunities on real- time basis to identify the trend in the market while analytics helps in choosing the right option strategy.
SINE operates on robo-analytics and can scan over 25,000 contracts, 5,000 securities per second and identifies opportunities for options trading.
The application offers advanced technical chartings for option trading under different criteria like rising and falling volume, price trend, abnormal volume shockers etc.
SINE also tracks and offers investment strategies on Nifty 50, Bank Nifty and other indices, the firm said in a statement today.
“We believe there is a big need for options trading through mobile and we intend to capitalise on this opportunity by offering innovative products,” Trade Smart Online Executive Director Vikas Singhania said.
Trade Smart Online also offers margin against shares and funding facility to provide margin funding for its customers looking to buy equities in the cash market.
(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)