L&T Trade.com begins operations

By Our Special Correspondent

MUMBAI, OCT. 19. Larsen & Toubro and BlueStone Capital Partners L.P. of the U.S. (Trade.com) today commenced financial services under aegis of their joint venture, L&T Trade.com Ltd.

L&T Trade.com offers to investors, securities trading on the National Stock Exchange and Bombay Stock Exchange, via the Internet. In addition, other financial services and products will form part of the suite of financial services on offer at www.lttrade.com. Broadly these would be under the heads of B2C (business to customer) B2B (business to business).

The B2C products would include fixed income securities, mutual funds, equity research, currencies, loans and private placements.

The B2B products would include inter-corporate deposits exchange, venture capital funds, Bizplan Bazaar (a market place for angel investors/VCs and entrepreneurs), corporate bonds and initial public offerings (IPOs).

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Section  : Business
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