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India Infoline broking arm ties up with US firm

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Mumbai, March 31 The institutional broking arm of India Infoline, IIFL, on Monday announced that it has partnered with Auerbach Grayson & Company Inc, a New York-based brokerage firm to allow US investors access to invest in the country’s capital markets.

Auerbach Grayson specialises in providing global trade execution and research to US institutional investors. Through this affiliation with Auerbach Grayson, IIFL will offer now US institutional clients on-the-ground research and trade execution across a wide range of leading sectors and companies in the country.

Through this partnership, IIFL can now build its international business by servicing Auerbach Grayson’s clients. “That value proposition is becoming increasingly important as India’s markets are attracting more of the world’s savviest investors,” said Mr Vasudev Jagannath, President of IIFL.

More Stories on : Financial Services | Alliances & Joint Ventures | Overseas Investments

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