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Bulk SMS For Stock Broking
Wake Up Early In recent times, the role of Stock broking firms has changed from a simple execution of trades to providing an expert advice along with execution. In this case, a broker has to understand the need of the client, his risk assessment, period of holding and returns expectation to provide him a research-based advice.
Wake Up Early The following are the benefits to the Stock Broking companies :
• Reduced overheads on voice calls as most of the routine communication would be done through text messaging.
• Increased staff productivity as staff would be spending less time on voice calls answering routine queries.
• Increase in brokerage revenue as the customers receiving relevant information will place more orders.
• Increased customer loyalty as the relay of time critical information would help clients create more wealth.
Wake Up Early The SMS could be used for the following services :
• End of the day trading positions and portfolio.
• Alerts when position of the investor reaches the margin limit.
• Confirmation of trade requests. • Every day highs and lows.
• Alerts on an upcoming IPO issue.
• Clients can enquire relevant information of the stock.
• Intra-day buy/sell tips to the clients.
• Send confirmation on DEMAT requests.
• Send alerts on DEMAT/repurchase requests by the clients