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Media Release

 

BSEwebx turns one year old

BSEwebx, the first Exchange enabled Internet trading paltform successfully completed its first year of operations on 16th February 2002. The portal was launched a year back by Shri Pramod Mahajan, Minister for Information Technology & Parliamentary Affairs and Mr. D R Mehta, Chairman, SEBI.

BSEwebx was launched with a perspective to leapfrog all Members and Investors into the next generation financial e-market place without having to bother about technology and operations. With cutting edge technology and implementation capability, BSEwebx aims to become THE Convergence Catalyst by offering a slew of products and services in the financial services space at an extremely low start-up and continuity costs.

Currently BSEwebx, inter-alia, offers the following features to the member brokers and their entire broking fraternity right upto their retail investors:

  • Bird's eye view of the market,
  • Centralised order routing,
  • Real-time risk management,
  • Information Transparency,
  • Authentic real-time content &
  • Personalised realtime view of select stocks.
More than 200 member brokers are registered with BSEwebx. Rich product features and enhanced service capability has ensured that BSEwebx has been showing steady increase in its volume. We attribute this success to the capability of our Members and Investors and all supporting Market participants to adapt to changes in this ever-fluid business place. To ensure acceptable product/service roadmap, BSEwebx has extensive interactions with User communities drawn from investing, broking and other market participant fraternities on the basis of which features are added/customised.

BSEwebx has charted the following roadmap for the imminent future to propel the securities trading into the next generation:
  1. Online Payment Gateway with Multiple Banks,
  2. Online Depository Gateway with Multiple DPs/Depositories,
  3. Intelligent and enhanced Content,
  4. Trading in Multiple Products,
  5. SMS alerts,
  6. WAP Trading and
  7. Multi Exchange routing.
Visitors may access the site at www.bsewebx.com

Dr. Manoj Vaish
Dy Executive Director


February 16, 2002

 

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