Date:16/03/2005 URL: http://www.thehindubusinessline.com/2005/03/16/stories/2005031602171300.htm

Back Aussie company offers software for stock traders

Our Bureau

Mumbai , March 15

WITH stock market in bullish mode, an Australian company has started its Indian operations to educate Indian investors how to trade in equity, commodities and forex market.

Hubb Organisation, which sells its education material and technical analysis software under Safety in the Market (SITM), offers Indian investors software to help them make trading decisions based upon the methods that are taught in courses.

According to the company, this software makes trading in a safe and structured way simple and quick to do. The software will automatically scan all the stocks both on BSE and NSE and identify those that meet the safety criteria.

The software along with education material priced at Rs 1.2 lakh teaches people to trade like professionals.

Speaking at press conference here on Tuesday, Mr Aaron Lynch, General Manager (SITM), said India has one of the highest retail participation in the financial markets and the maturing of the futures and options segments and the implementing of modern risk control mechanisms by BSE and NSE make it easy for students to implement the methodologies we will be teaching.