17 february 2002

icici bank offers internet trading
coimbatore: icici bank has started offering internet trading from 1 february by integrating an investor's savings, demat and broking accounts.

this three-in-one account allows various alternatives such as cash, margin and on-the-spot options while trading in shares.

the account for online trading could be opened for a one time non-refundable fee of rs 750. the brokerage ranged from 0.1 per cent to 0.15 per cent for margin trades, 0.2 to 0.425 per cent for squared-off trades and between 0.4 and 0.85 per cent on delivery-based trades.