Settrade.com to launch investment portal

Settrade.com to launch investment portal

Trading portal Settrade has revamped its Web site to provide the investing community with an online portal for investment news and information, brokerage stock analyses, and a Web board and inquiry service.

Scheduled to be showcased at the SET in the City exhibition in London on 12-14 July, the new portal will feature information and research studies from fifteen brokerage houses, IPO subscription services, an online stock trading system, plus a mobile alert service.

The information disclosure form (56-1) that listed companies must submit to the Office of the SEC, reporting their company information, financial statements, directors, and other related information will also be available via the portal. Settrade also provides tools for technical analysis, IPO subscription and e-payment systems.

Somkid Kiranuntaret, CEO of Settrade.com, says: "An online IPO subscription service is an important strategy for expanding the investor base, as successful IPO share subscribers are potential investors once they become a shareholder in the stock market."

He adds: "In the near future we will expand our services to provide a investment simulation as well, so that investors can trade stocks on the simulated system before opening real trading accounts and trading real stocks."

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