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JM Financial launches Bondkart.com, a retail bond platform
Merchandise, the flagship non-banking finance arm of the JM Financial Group introduced the launch of Bondskart.com, a digital software that will allow retail traders to trade or invest in mounted earnings securities together with company bonds, a facility much like the RBI’s retail direct platform for presidency bonds.
It can additional improve the bouquet of monetary providers that JM Financial presently presents, JM Financial stated in a launch Wednesday.
“Bondskart.com enhances our funding distribution framework which might serve all classes of traders,” stated Vishal Kampani- Managing Director, JM Financial Merchandise. With a bigger concentrate on adopting the tech-driven options, Bondskart.com will provide seamless funding options to traders, enabling them to profit from our mounted earnings funding experience.”
ET first wrote in regards to the on-line software on November 17.
Bondskart.com options numerous mounted earnings funding choices throughout ranking classes, yields and instrument sorts akin to plain vanilla bonds, sub-debt/ Tier II & perpetual bonds aided by in-house analytics and information pushed expertise platform.
The platform, powered by intensive insights on mounted earnings funding, goals to coach traders on varied elements of investments thereby enabling them to make an knowledgeable determination. It additionally supplies traders with the pliability to promote their debt securities with safe settlements, including liquidity as a utility operate to the platform.
Going ahead, JM Financial plans so as to add extra value-added providers to Bondskart.com.