Margin trading for small investors from Capital TRUST Credit

Friday, 27 May 2011 00:44 - - {{hitsCtrl.values.hits}}

Newly established licensed margin trading provider, Capital TRUST Credit Ltd, which commenced business on 26 March, 2011 has had an unprecedentedly successful start with the company activating over 500 new margin trading accounts within the first week of operations and continues to have similar demand. Margin trading facilities allow stock market investors to pledge their share portfolios to obtain credit facilities for the purpose of purchasing more shares. “Our company normally approves and activates margin trading facilities to investors - irrespective of their portfolio size, in just 30 minutes” said Methmal Seneviratne, Director, Capital TRUST Credit.

Capital TRUST Credit has been able to cope with such a large number of clients due to the state-of-the-art margin trading system developed by Capital TRUST Information Technologies (Pvt) Ltd. This margin trading system is integrated with the back office system of Capital TRUST Securities (Pvt) Ltd. and the entire process is fully automated. This system also enables all investment advisors and clients to go to the web and log in with their passwords and view their Loan Account Statements, Portfolio Valuation Statements, Interest Account Statements, Margin Status Reports and other relevant information. This modern margin trading online facility provides timely and accurate information in a transparent manner.

“Our primary aim is to serve all our smaller retail clients with portfolios valued at less than Rs 1 million, who are often not accepted by most other financial institutions, so that they could continue trading with credit facilities even after the deadline set by the authorities” said Tushan Wickramasinghe, Director, Capital TRUST Credit.

Capital TRUST Information Technologies (Pvt) Ltd., has also provided this new margin trading system free of charge to six other new margin trading companies associated with Capital TRUST Securities (Pvt) Ltd in providing margin trading facilities to their clients.