Should India be able to decouple itself from US Subprime Impact?

Tuesday, October 9, 2007

ICICI Securities connects US mkt via trading portal

MUMBAI: Indian investors can now own global blue chip stocks thanks to ICICIDirect.com launching overseas trading in tie-up with USA's fourth largest clearing and broker-dealer firm, Penson Financial Services.
ICICIDirect.com on Monday became the first online trading portal in India to offer buying and selling of equities listed on the US stock market following RBI's guideline allowing individuals to remit up to $200,000 annually in current and capital account transactions including equities.

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