HDFC Securities, one of India’s leading stockbroking firms, today announced the integration of its new commodity derivatives trading feature on the InvestRight app. This development offers investors a unified and seamless way to participate in the commodities market alongside equities and other asset classes, reinforcing HDFC Securities’ commitment to providing an integrated and smarter investing experience.
The integration of Commodity Derivatives on the InvestRight app was jointly launched by Ms. Praveena Rai, MD & CEO of MCX, and Mr. Dhiraj Relli, MD & CEO of HDFC Securities. This collaboration underscores the industry’s ongoing efforts to enhance accessibility, simplify trading, and promote informed investment decisions. With this rollout, HDFC Securities’ customers can now trade across MCX-listed commodities including bullion, metals, energy, agricultural products and indices such as Bulldex, directly within the existing InvestRight app, ensuring a smooth and comprehensive trading experience.
Commenting on the launch, Ms. Praveena Rai, MD & CEO, Multi Commodity Exchange of India, said, “The rapidly increasing growth and diversification of India’s commodity derivatives market highlight its increasing significance within the broader financial ecosystem. With diverse participation driving this momentum, we believe that leveraging modern, technology-driven applications is essential for investors to capitalize on these opportunities and contribute to India’s evolving investment landscape.”
Reacting to the development, Mr. Dhiraj Relli, MD & CEO of HDFC Securities, said, “Our goal is to make commodity trading more accessible, integrated, and efficient. Furthermore, our seamless application, backed by strong research and educational support, empowers our customers to confidently navigate commodity markets. Through this integration with MCX, we are committed to providing a secure, user-friendly experience that drives smarter investing in India’s growing commodity landscape ultimately Powering India’s Investments.”
Discover the Key Features of Our New Commodity Derivatives Offering:
Collateral Pledge Limits for Traders: Customers can pledge eligible securities from their existing portfolios to receive margin for trading. This collateral margin system operates similarly to conventional F&O trading using pledged margin, enabling traders to unlock trading capacity without having to block 100% of their cash capital. The pledged securities are managed with standards that ensure robust risk management aligned with exchange norms.
Advanced Trading Tools and Features: The app offers a comprehensive suite of analytical and execution tools, including real-time charts, option chains, research insights, instant order placement, modification, cancellation, and live tracking of positions. Customers can efficiently manage multiple positions with ease, enhancing their overall trading experience.
Direct Fund Management for Seamless Trading: HDFC Bank account holders benefit from the convenience of not having to transfer funds to a separate trading account, as the system is designed to hold the required funds directly. This seamless integration simplifies trading in this new segment, making the process more efficient and hassle-free.
Research and Support to Empower Traders: Users will have access to exclusive research content on commodities, including daily and weekly market reports, technical analysis, and intraday and positional derivative calls. To support new participants, HDFC Securities is also developing educational videos, blogs, and conducting live webinars with Q&A sessions to foster learning and confidence.
The commodity derivatives offering with this launch will go live on the InvestRight app, besides being already live on HDFC SKY, the discount broking platform. The offering is slated to launch soon on the web version of InvestRight, providing clients with multiple channels to access and trade commodities.
As HDFC Securities continues to innovate and expand its offerings, this new offering underscores the firm’s dedication to empowering investors with comprehensive, secure, and user-friendly trading solutions driving smarter investments across India’s dynamic commodity markets.
