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ICICI direct offers Indian’s investments in new global markets

May 25, 2021

ICICI direct offers Indian’s investments in new global markets

ICICIdirect, a virtual financial supermarket offering investment, insurance, and loan products, on Monday reported the extension of its Global Investments office to new markets like the UK, Japan, Germany, and Singapore.

ICICIdirect’s Global Investment clients can exchange protections in these business sectors, notwithstanding the US. This office is offered in relationship with Interactive Brokers LLC, a US-based online brokerage firm with multi-asset and multi-geography trading capabilities, the firm said in a statement.

The entire customer journey, from on-boarding to purchasing and selling of securities, will be totally digital.

“Since the encouraging response to our Global Investment office for the US markets in August 2020, clients have been requesting for different business sectors as well. We are glad to launch five new markets on the platform, with which our 5.5+ million clients would now be able to profit of investment opportunities in these developed and very much directed market, and furthermore further de-hazard their portfolio from geographic concentration point of view,” said Anupam Guha, Head – Private Wealth Management, ICICI Securities.

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