comscore Reliance Commodities launches India's first intuitive trading app
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Reliance Commodities launches India's first intuitive trading app

The new app will enable traders to analyze commodities based on seasonality by uncovering certain hidden patterns.

  • Published: October 4, 2017 8:56 AM IST
IFA 2011 Consumer Technology Trade Fair

Reliance Commodities on Tuesday said it has launched the country’s first advanced intuitive commodity trading application, available both on the web and mobile. According to the commodities broking arm of Reliance Capital, the key innovative feature of the trading platform will assist traders in capitalizing opportunities swiftly, besides empowering them with a detailed understanding of commodity markets. Also Read - Airtel Rs 79 plan vs JioPhone Rs 75 prepaid plan compared: Which offers better value?

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“All analysis seen on the platform is post thorough consideration of the global events, currencies, and equities causing volatility in commodity prices,” Reliance Commodities said in a statement. The statement said the platform will enable traders to analyze commodities based on seasonality by uncovering certain hidden patterns, who can tap opportunities by analyzing spreads between two futures contracts. Also Read - Jio data plans: List of all Reliance Jio work from home plans offering extra data

“The new intuitive platform will also empower the trader community with up-to-date information of key factors and related instruments, which can affect price of a particular commodity,” it said. “Moreover the ‘Correlation Matrix’ will help identify the best correlation combination for a particular commodity with just a click,” the statement added. ALSO READ: Reliance Jio continues to offer unlimited calls, but here s the fineprint you must read

“Reliance Intuitive Trading Platforms will enable traders to decode essential data for unlocking the potential of commodities markets. Empowered with simplified data outcome and in-depth data analysis will help them leverage market dynamics,” said B. Gopkumar, Director, Reliance Commodities. DON’T MISS: RCom and Aircel merger called off

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  • Published Date: October 4, 2017 8:56 AM IST



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