Reliance Securities, the broking and distribution arm of Reliance Capital, on Monday launched a trading platform -‘TICK’. The trading platform is a web-based integrated trading platform that uses Big-Data Analytics and offers Robo-Insights to retail investors in the country. The platform captures and processes vast amounts of data using advanced algorithms and presents the intelligence gathered in a user-friendly and easy to understand visual format.
TICK scans, integrates and presents real time data analysis – across various fundamental and technical parameters – along with sentiment trends in a single dashboard that helps in finding real time market opportunity at a glance for investor.
The platform offers over 50 charts for every scrip, from price movement to sentiment change; from open positions and multiple broker recommendations, to help form an overall view on each company and trade with a single click.
“In the stock market, we believe the retail investor still finds it difficult to invest. With TICK we are offering the might of Big Data and Robo- Insights, coupled with some unique features, to make it easy for the retail investor to invest in the stock market,” said B Gopkumar, CEO broking and distribution business, Reliance Capital in a release.
One of the unique features of the platform is overall Health Score for each stock based on fundamental factors that offer benchmark and insights about the company’s financial health and ranking with respect to its peers.
“A single powerful dashboard with key indicators and recommendations from various sources – including broking houses – helps get a macro view on each stock in one screen. Sentiment score adds to these charts and helps in making investment decision. A lot of these are not available in an integrated manner in most trading platforms,” said Gopkumar.
The platform also provides optimal risk strategies with easy to understand pay off matrix in the options segment.