Kotak Securities has tied up with data analytics company Heckyl Technologies to provide real-time news, market information, and insights for trading in futures and options. The information will be offered to clients through two analytics applications developed by Heckyl and will be available on the brokerage firm's trading platform.
ALSO READ: Mobile trading turnover doubles in 2014 FIND News Analytics and FIND Futures & Options are the two applications that will be offered to the clients for information about global markets, along with recommendations and research on trading opportunities.
FIND - Financial In News and Data - is a platform developed by Heckyl and is used by traders, researchers and analysts. "We are investing in this technology so that our clients can make trading decisions confidently with some robust market data. This platform amplifies the overall trading experience by combining real-time market data, news and analytics in an intuitive and easy to use interface that caters to the needs of our diverse set of investors and traders," said Trivikram Kamath, executive vice-president and head of operations for finance and technology at Kotak Securities. ALSO READ: Sebi to develop mobile app for investors FIND News analytics brings real-time news, information, and market data from companies and global markets along with brokers' and analysts' recommendations. The FIND Futures & Options analytics provides traders in the derivative markets with tools for research on real-time trading opportunities, a statement from the brokerage firm said. Kotak Mahindra and associates are significant shareholders in Business Standard Private Limited "We are sure that our cutting edge analytics applications will be of immense use to their clientele as they will be able to get actionable insights from market-moving news and data in real time," said Mukund Mudras, founder and CEO, Heckyl Technologies. Kotak Mahindra and associates are significant shareholders in Business Standard Private Limited