- A significant uptick in NSE trading, with maximum number of trades in Futures and Options (F&O)
NE BUSINESS BUREAU
AHMEDABAD, DEC 7
TradeSmart, one of India’s leading new-age online discount brokerage companies, on Tuesday announced that it witnessed a 18% growth in unique traders from Gujarat between March 2020 and March 2021. During this period, the State attributed to 22% increase in trade volumes on the platform, says a release.
TradeSmart recorded a 50% rise in traders in the age-group of 18-25 years, with a 10% year-on-year increase in NSE Equity trades. Also, the number of female traders on the platform increased by 5.5% in March 2021. TradeSmart highlights that the maximum numbers of its traders fell in the age group of 31-40 year olds.
During this period, the company also saw NSE trading at an all-time high with the maximum number of trades in Futures and Options (F&O), while equity trades recorded 7% year-on-year growth compared to last year. The company expects a promising growth month-on-month till end of the current financial year.
