Angel Broking is an Indian Stock Broking firm established in 1987. The company is a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), National Commodity & Derivatives Exchange Limited (NCDEX) and Multi Commodity Exchange of India Limited (MCX). It is a depository participant with Central Depository Services Limited (CDSL). The company has 8500+ sub-brokers and franchisee outlets in more than 900 cities across India.
The company financial services Their services include online stock broking, depository services, commodity trading and investment advisory services. Wealth management solutions such as personal loans and insurance are also delivered by this company. In 2006, the company started its Portfolio Management Services (PMS), IPOs business and Mutual Funds Distribution (MFD) arm. The company publishes research reports on areas related to investment broking.
Video Angel Broking
Products
Angel Broking offers products such as Angel Eye, Angel SpeedPro, Angel Trade and Angel Swift for online trading. Angel Eye is a browser trading application; SpeedPro is a trading platform application; Angel Trade offers an online trading platform for share investors, while Swift consists of a trading app for small devices.
Angel broking app has been incorporated with a machine learning technology called ARQ, that keys in up to a billion data points and uses advanced nature-based algorithms, quantitative analysis and the Nobel-prize winning Modern Portfolio Theory to enable personalized investment advice to help users get better returns on their investments. ARQ is based on a model whose performance has been optimized to provide recommendations with high outperformance and strike rates. The model has been tested using scientific back-testing and has also been validated based on its track record.
Maps Angel Broking
History
Entrepreneur Dinesh Thakkar started his business in 1987 with a capital of Five Lakhs Indian Rupees and lost half of the money within eight months. In 1989, he started off again as a sub-broker. Later, Angel Broking was incorporated as a wealth management, retail and corporate broking firm in December, 1997. In November 1998, Angel Capital and Debt Market Ltd. gained membership of National Stock Exchange as a legal entity. The company opened its commodity broking Division in April, 2004. In November 2007, Birla Sun Life Insurance joined hands with Angel Broking for distribution of its insurance products. In 2007 the World Bank arm International Finance Corporation bought 18% stake in Angel Broking.
Awards
- 2009 - 'Broking House with Largest Distribution Network' Award and 'Best Retail Broking House' Award at BSE IPF-D&B Equity Broking Awards
- 2012 - BSE IPF-D&B Equity Broking Award for 'Best Retail Broking House'
- 2012-13 - Among BSE Top 10 Performers in Equity Segment (Retail Trading) FY 2012-13
- 2013 - BSE-IPF D&B Equity Broking Award for 'Broking House with Largest Distribution Network'
- 2013 - BSE-IPF D&B Equity Broking Award for 'Best Retail Equity Broking House'
- 2013-14 - Awarded 'Top Three Clients Traded Members in Equity' by the BSE
- 2014 - BSE-IPF D&B Equity Broking Award for 'Broking House with Largest Distribution Network'
References
External links
- Official website
Source of the article : Wikipedia
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