Master Trust Opens Indore Regional Office

 

Master Trust Opens Indore Regional Office

Indore: Master Trust Group, which has celebrated 25 years of its existence one year back, opened its Indore Regional Office today at 414,4^th floor, DM Tower Race Course Road, Indore. The office was inaugurated by its Director Mr.G.S.Chawla. The Group organized deliberations on “Investment Opportunities & Strategies in Cash & Derivative Markets”. On this occasion, which was well attended by existing and prospective business partners and clients, Mr.G.S.Chawla, in his key note address briefed about the 25 years of journey and success of the Group. He informed that the Group is offering equities, derivatives, commodities and currency trading as members of NSE, BSE, MCX, NCDEX, NCME and ACE, Depository Services as DP of NSDL and CDSL, Insurance Broking, Forex, Category1 Merchant Banking and Investment Banking Services.

The group has operations in more than 200 cities in 22 states, has over 700 business associates and more than 1.50 lacs clients. The average daily turnover of the group is over Rs.4000 crores.. The group ranks in the top 20 brokerage houses in the country.

Mr.Chawla said “the Indian domestic growth story is intact with strong GDP growth projected around 7% for 2012-2015 which will lead to huge investor’s inflows to the capital markets, supporting the capital market intermediaries such as Master Trust. The overall macro picture had an expected impact on the stock markets resulting a gain of more than 100% in benchmark indices from the year FY09, resulting in the market cap of the Indian companies of US $1.25 trillion.”

Talking of the markets and the business opportunities in the financial markets including Equity, Commodity and Currency he said “the market size has grown to a level of daily average turnover of Rs.2.00 lac. Cr., making India one of the top performing markets globally. In a short span of 5 years & 2 years respectively, the commodity and currency markets have shown tremendous growth at a CAGR of 38.48% as compared to equity derivatives CAGR of 24.64%. The investor base is growing at the rate of 25% p.a. With the growth in the economy and the inflow of foreign funds, we expect larger participation of retail investors (old & new) and foreign and domestic institutions. The speed and reach of connectivity have thrown up new business opportunities for the intermediaries in the financial markets in every nook and corner of the country”, he said.

He emphasized that in growing economy financial intermediary business is a phenomenal business to own, which has low entry barrier but tremendous expansion opportunity, the only requirement perhaps is, the will and discipline.

Mr.Chawla informed, that the Master Trust Group has adopted state-of-art technology & launched new high speed technology products & algo based strategies to enable its customers to make most in these markets which have immense opportunities but can be capitalised only with the help of technology.

He informed that though the Group has already some business partners across Madhya Pradesh but through strong Regional Office, the Group shall provide extensive support to its partners in setting up their offices and growing business. Group shall further endeavor to train its partners on cross selling across the range of financial services that it offers, to make their office a complete financial services centre.

During the deliberations Mr.R.K.Verma, Senior Vice president of the Group & Mr. Varun Gupta, Manager, BSE also made lucid presentation on the various strategies that clients can follow in the equity/derivative markets.

For further detail, please contact:

Atul Malikram

9827092823