The Hindu Business Line : Federal Bank, Geojit team up

Kochi, Jan.6 Federal Bank on Tuesday launched its online trading product — Fed-e-Trade — in association with Geojit Financial Services as part of the bank’s efforts to provide various products and services to customers.

The bank’s retail clients will now have access to online trading in equities, derivatives, IPOs and mutual funds through Geojit’s online trading platform. The Federal Bank-Geojit interface is developed jointly by the bank and Geojit Technologies.

3-in-1 account

Mr K.S. Harshan, Executive Director, said the bank, with networked branches across the country, would make the product available to its customers. They can open 3-in-1 integrated accounts comprising a savings account and a demat account with the bank, and an online trading account with Geojit.

Geojit has also set up an exclusive toll free number 1800-103-5503 and e-mail id fedbroking@geojit.com for bank’s clients.

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