Release Date: June 20, 2024
In this release we have introduced below mentioned features on the website for Choice FinX Investors:
1. Search feature on draggable order window.
2. GTT order feature for MTF trades.
3. Guest login feature.
4. Buyback feature.
1. Search Feature on draggable order window
Benefit of this feature:
Traders can quickly search and select specific stocks or financial instruments they want to trade, reducing the time spent navigating through lists and improving order execution speed.
2. GTT order feature for MTF trade
Benefit of this feature:
GTT orders allow traders to set precise entry and exit points based on triggers like price movements or technical indicators. This helps in executing trades at optimal moments, which is crucial when leveraging borrowed funds in margin trading.
3. Guest login feature
Discovering the world of stock trading just got easier with our new Guest Login feature. Now, you can explore our platform and experience, its robust features without the hassle of creating an account right away. Get started today and discover how Choice FinX can empower your investment journey.
4. Buyback feature
What is Buyback? How to Apply for Buyback?
A buyback is when a company buys its own shares from the stock market. It's like a company investing in itself by purchasing its own stock from investors who own it. This can happen for various reasons, like boosting the stock price or returning money to shareholders. Buyback is usually done at a price higher than the current market value.
Below are the steps of How to apply for buyback from Website.
1. Visit Dashboard and check Smart Investment Section and click on Buyback.
2. Navigate Open Tab and Click on Apply on your preferred buyback company.
3. Enter quantity you wish to sell and, then click on Apply to place your order.
4.To view your order status, Navigate My Orders Tab.
Points to be noted to apply for buyback:
1. User should hold the shares on the record date of the buyback to be eligible to apply.
2. User should have submitted POA/DDPI to their depository participants.
3. Application once submitted cannot be modified/cancelled.