48032083 destimoney projec

8/4/2019 48032083 Destimoney Projec

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Study on online trading and

stock broking at Destimoney


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Contents :

y Chapter 1:i. Introduction to the industry

ii. Major players

iii. Company profile

iv. Products and services

y Chapter 2:

i. Research objective ad methodology

ii. Type of researchiii. Interpretation of data


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Continue:y Chapter3:

i. Findings and observations

ii. Recommendationsiii. Conclusion


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Major players

y INDIABULLS

y SHAREKHAN

y ANGEL BROKING

y MOTILAL OSWAL

y 5 PAISA

y ICICI DIRECT

y RELIGARE

y INDIAINFOLINE

y HDFC SECURITIES

y DESTIMONEY


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Company Profile :

y Destimoney is one of the leading full service financial organizations in the country.

y Name of the company: Destimoney securities.

y Year of Establishment in India: 2006

y Headquarter: Destimoney securities private limited

y Registered office : Tech web center, A-Wing ,6th Floor, New Link Road , Oshiwara,

Jogeshwari, Mumbai- 400102.India

y Nature of Business: Service Provider

y Services: Depository Services, Online Services and StockMarket Service Provide

y Number of Employees: Over 4500

y Website: www.destimoney.com


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DESTIMONEY

GROUP

DESTIMONEY POINT ANALYSIS

(GlobalResearch Outsourcing)

DESTIMONEY INDIA

SERVICE

(Portfolio Management

Service)

DESTIMONEY ENTERPRISE

(Financial products

distribution, Investment

Advisory, Corporate

Advisory Services)

DESTIMONEY

SECURITIES

(Broking & DP Operations,

Member of BSE,NSE,

NSDL,CDSL

)

Destimoney has four business lines:


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A) Traditional Investment Products

Equity

Direct Equity

IPOs

Equity Mutual Funds My OMFA (Online Mutual Fund Account)

Debt

Debt Mutual Funds

Term Deposits

NCDs

Bonds

Products

23


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Products

C) RiskManagement Products

D) Structured products

Portfolio Management Services (PMS)

Private Equity Funds

Life Insurance

General Insurance

Wills, Trusts and Estate Planning Services

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B) Liability Management Products

IPO Financing

Loan Against Shares

Loans :1.Housing Loans

2.Loans Against Property

3.Personal Loans

4.Business Loans


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Prime Brokerage

Services

Equities

Equity Derivatives

Commodity Derivatives*

Currency Derivatives

Interest Rate Derivatives

Depository Services

Wealth Management

Portfolio Management

Services

Portfolio advisory

services

Online Mutual Fund

Online IPO

Research

Fundamental analysis

Technical analysis

Industry & Sector

analysis

Investor Conferences

Services


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One of the most competent & tested Online Trading Platform.

Real time streaming quotes & portfolio tracking.

User friendly and fully automated platform.

Single platform to invest in Equity, Commodity, Currency, IPO & Mutual Funds

Integrated real-time payment gateway for lien marking / instant credits via

HDFC Bank, ICICI Bank & Axis Bank, Dhanalakshmi Bank

24 * 7 real-time online back office access to customers

Real time access to research & technical analysis

Online Trading Platform


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Investment recommendations for diverse asset classes and

investment horizons

Intra-day and end-of-day charts


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ADVANTAGESOF ONLINETRADING

Provides Control to Investors Money.

Helps an investor to conduct an extensive financial research of any

company.

investor can review the price history of any stock in chart format online.

Online trading allows instant trade execution

DISADVANTAGESOF ONLINE TRADING

When network crashes, there will be problems

has no idea with whom he is dealing with on the other end


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Software's used for trading:y Odin

y Nest

y Power India bulls


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Requirements for online trading : stock broker

y Permission from stock exchange for net trading

y Net worth of Rs. 50 lac

y Adequate back-up system

y Secured and reliable software system

y Adequate, experienced and trained staff

y Communication of order (trade confirmation to investor by e-mail)

y Use of authentication technologies

y Issue of contract notes within 24 hours of the trade execution

y

Setting up a website.


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Chapter 2:

y Research objective:

y To know about the awareness of the consumers towards stock brokers and

online share trading.

y To compare the services of destimony ltd.with its competitors and to collect

the real time information about the preference level of customers using

demat account ad their inclination towards various other brokerage firms.

y To study about the difficulties faced by clients while trading


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RESEARCH METHODOLOGY

Descriptive Research

Sample size

METHODS OFDATA COLLECTION

Primary data collection

Secondary sources of data


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DATA ANALYSIS AND INTERPRETATION:

Example:-

Que 1) are you aware of online stock trading?


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begin online share trading:

advice by

finanacial

consultants

50 %Online

advertisements

30 %

reference by friend

20%

0%

No. of respondents


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DEMAT account:


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Satisfaction

Level among Customers with current stockbroker


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differentiates Share trading company


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Awareness ofDestimoney company


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LIMITATIONS:

y The time constraint was one of the major problems.

y The lack of information .

yGeographical locations.

y Lack of Homogeneous Data.


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Merits and Demerits:

Merits:-

y Strong Research Team

y Good Technical service

y Good top level management


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Contd..

y Demerits:-

Account opening charge is high.

Advance brokerage scheme.

Lack of Co-ordination.


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Finding & Observations:

y Every trading company have their online terminals for their customers

y With increase in knowledge, people change their perception towards online

trading and they are more interested in these investment oppturnities.

y The number of players is increasing at a steady rate and today there are over

a dozen of brokerage houses who have opted to offer net trading to their

customers

y Lack of awareness among customers towards the company.

y Information plays a vital role in the secondary market


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Recommendations:

y Advertising

y Lowering current charges if possible.

y Efficient work force.

y Real estate investment Advisory to be included.

y The concept of business has changed today, this is a service oriented

industry hence the survival would require them to provide the best

possible service to the clients

y Upgrade the net .


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Contd.

y Provide training to the employees.

y Additional and experienced staff to be provided due to work load


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Conclusion:

y Information provided of proper share price in proper time has too much

value.

y Due to the rising education awareness and use of internet there is a huge

potential for online trading in future and companies must come up with

innovative offerings to capture the untapped market

y With the increase in technology, the awareness towards online share trading

has increased by changing scenario of internet


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THANK YOU

48032083 destimoney projec

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