ICICIdirect.com launches online trading facility for NRIs in Dubai
7 Oct 2008, 0932 Hrs

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Dubai, Oct 7 ICICIdirect.com, a major online trading platform in India, launched its online Futures and Options (F and O) trading service for non-resident Indians (NRIs), here last evening.

The online trading facility would offer secure transactions through its integrated trading site.

It would also provide an opportunity for NRI customers to create short-term trading positions and benefit from market volatility.

Besides, F and O will act as a tool for risk management and hedging by reducing potential downside, the Gulf News quoted ICICIdirect as saying in a statement.

The firm will provide training in trading to NRI customers at various overseas locations with special emphasis on F and O trading, added the paper. (ANI)