• Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Download TSS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
Sunday, April 11, 2021
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Download TSS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Download TSS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U.com
No Result
View All Result
Home Featured

Millennials lead‘on-the-go’ trading with Female traders on the rise, finds FYERS while designing its new trading app

by Editorial
August 11, 2020
in Featured, Market Analysis
2 min read
Millennials lead‘on-the-go’ trading with Female traders on the rise, finds FYERS while designing its new trading app
Share Share ShareShare

Bengaluru: With the aim to cut the screener complexity and avoid analysis paralysis at the time of trading, Technology-focused stock brokerage firm FYERS, today, announced the launch of its user-friendly trading app geared towards active traders and investors across geographies. The new app is primarily built to make the process of trading fast, simple and clutter-free, hence empowering the customers to make quick and informed decisions while they are on the move.

The newly developed FYERS’ app is an outcome of the in-house survey undertaken by FYERS to address the challenges faced by customers using mobile as their primary trading platform. Millennials representing 50 percent of over 50,000 customers, dominate the mobile trading, owing to ease of convenience when multi-tasking, affordable smart phones and cheap data plans. Whereas, the demographic segmentation of the survey revealed that female traders are on the rise, accounting for 20 percent of the trading community. Other key findings cited that Mumbai generates maximum traffic to the trading platform followed by Bengaluru, Ahmedabad, Hyderabad and Chennai. In addition, first-time investors from Pune, Delhi and Kolkata are slowly jumping into the wagon.

In the recent 4-5 years, mobile trading has gained remarkable heights in terms of coverage and usage. As per industry estimates, the average daily turnover through mobile trading in shares on the NSE jumped to a record 10.15 percent to nearly Rs 3700 crores a day in 2019 from 3.6 percent two years ago.

The app comes up with simple yet innovative features and delivers a phenomenal experience for the customer such as real-time streaming of quotes and charts, portfolios with sortable data, simple one-page experience for quick check in on markets and demat account, streamlined order entry/exit functionality, fundamental and technical analysis on single board, and all asset classes can be traded on the app.

Tejas Khoday
Tejas Khoday

During the launch, Tejas Khoday, CEO and Co-Founder, FYERS, said, “When it comes to technology, we offer consistent optimal user experience to clients through our platforms. With the launch of new simplified trading app, we aim to refine the app experience to a point where a majority of investors can take a mobile-only approach to their portfolio.”

In light of the current COVID-19 crisis, deviating from historical trends, for the first time new investors are entering the markets. There is a significant surge in trading and Indian online brokerages are observing a significant increase in their client base and orders. FYERS has observed a 40% increase in its customer base.

He added, “Our new trading app is easy-to-use and feature-rich while providing relevant and actionable information to help clients make the most informed decisions. Furthermore, it’s interesting to see increased participation from woman traders, first-time investors. We have been actively investing in the app and technology platforms to continue to provide an edge to such customers.”

The app is now available only on Google Playstore and will be available on iOS soon.

Tags: FYERSFYERS appTejas Khoday FYERS

Related Posts

Ariel India’s #SonsShareTheLoad make it to WARC's most awarded work for media excellence in 2020
Advertising

Ariel India’s #SonsShareTheLoad make it to WARC’s most awarded work for media excellence in 2020

by Editorial
April 10, 2021
0

Mumbai: Ariel India is committed to progressing the lives of women across the country because women are the backbone of...

Read more
Flags Communications bags Marcom mandate for launching first of its kind On-Demand home Services app in the Indian Market
Advertising

Flags Communications bags Marcom mandate for launching first of its kind On-Demand home Services app in the Indian Market

by Editorial
April 10, 2021
0

New Delhi: New Delhi-based, Flags Communications has bagged a 360-degree Marcom mandate for launching the first of its kind On-Demand...

Read more
LV Krishnan, CEO, TAM Media Research

Digital spend has increased from 13% to 21% in the South Indian Market, LV Krishnan, CEO, TAM Media Research

April 9, 2021
The biggest tool in animation that we have is that we are the only channel available in 8 regional languages: Leena Lele Dutta - Sony Pictures Networks India

The biggest tool in animation that we have is that we are the only channel available in 8 regional languages: Leena Lele Dutta, Sony Pictures Networks India

April 9, 2021
Celebrating 14 Years of IPL Advertisement

Celebrating 14 Years of IPL Advertisement

April 9, 2021
How Digital Platforms are gearing up for the upcoming IPL season

How Digital Platforms are gearing up for the upcoming IPL season

April 9, 2021
GoNutsUSP is the depth of experience we have as founders across technology, scaling start-ups and entertainment: Joji George - Gonuts

GoNuts USP is the depth of experience we have as founders across technology, scaling start-ups and entertainment: Joji George

April 8, 2021
Through progressive initiatives and campaigns, we as a brand can bring women’s personal needs to the forefront: Sahil Dharia - Soothe Healthcare

Through progressive initiatives and campaigns, We as a brand can bring women’s personal needs to the forefront: Sahil Dharia, Soothe Healthcare

April 7, 2021

Subscribe to Newsletters

Trending

Sidharth TV Network to launch 4 Channels in Orissa; Starts test run for 'Sidharth Bhakti'
Featured

Sidharth TV Network to launch 4 Channels in Orissa; Starts test run for ‘Sidharth Bhakti’

by Editorial
April 10, 2021
0

Sitaram Agarwal, who launched the Sarthak TV in 2010 and later sold it to ZEEL in 2015 has started his...

ZEE Keralam to do a Direct to TV release of the film “Krishnankutty Pani Thudangi” on April 11, 7 PM

ZEE Keralam to do a Direct to TV release of the film “Krishnankutty Pani Thudangi” on April 11, 7 PM

April 7, 2021
Kooku OTT App launches new web series ‘Lolita PG House’

Kooku OTT App launches new web series ‘Lolita PG House’

April 2, 2021
Viacom18 appoints Chanpreet Arora as Business Head - AVOD (Voot) & Vineet Govil as Chief Technology Officer, Viacom18 Digital Ventures

Viacom18 appoints Chanpreet Arora as Business Head – AVOD (Voot) & Vineet Govil as CTO, Digital Ventures

April 8, 2021
Star Jalsha Paribar Award 2021

Star Jalsha to telecast Star Jalsha Paribar Award 2021 on 4th April

March 31, 2021

Contact Us :

UPLIFT MEDIANEWS4U DIGITAL PVT LTD

No. 82, Aram Nagar 2, JP Road

Versova, Andheri West

Mumbai – 400061

Umanath.V
+91-99400-17868
umanath@medianews4u.com

© 2019 medianews4u.com

No Result
View All Result
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Download TSS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.