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Alice Blue Posts Significant Growth for half year ended June 2022
Records 18 % overall growth in customer trading August 27: The first half of the Calendar year recorded positive growth at Alice Blue. The company has recorded 18% overall growth across all trading instruments. The company has been at the forefront of enabling customer convenience in trading and Investment through its upgraded trading apps and […]
Records 18 % overall growth in customer trading
August 27: The first half of the Calendar year recorded positive growth at Alice Blue. The company has recorded 18% overall growth across all trading instruments. The company has been at the forefront of enabling customer convenience in trading and Investment through its upgraded trading apps and solutions.
Some of the significant verticals that we witnessed positive growth include Intraday, which has grown 31 percent during the first six months of 2022 compared to the same period last year. Similarly, trading and investments in Gold, Derivatives and Equity have seen 21percent, 13 percent and 9 percent, respectively.
Mr. Sidhavelayutham M., the Founder and CEO of Alice Blue, said, “Steadily, the company has been witnessing increased trading activity not only from new investors, including women traders. This can be attributed to higher disposable incomes and the aspirations to invest in the capital markets. Our tech-enabled platforms have made it easy for the younger generations to access the markets directly from their mobile phones.”
