East India Securities is an integrated financial services company with presence in all segments of financial services space (Equity Broking, Commodity, Mutual Fund and Insurance) in India. It is a member of All the commodity and currency exchanges of India. The turnover of the company has been growing at a compounding rate of 45% in the last 5yrs and exceeds 2,000,000 Crore presently. The company
has been playing a pioneering role in various aspects of Trading. East India Securities Limited has the distinction of executing the first ever exchange traded index option contract in India on June 4, 2001 when NSE Launched NIFTY options. Once again, on November 9, 2001, it was again the first entity to trade the 1st ever futures contract on individual stock futures on NSE, the underlying being equity shares of VSNL Ltd. In the currency derivatives, East India was the first to trade on NSE Currency Futures on Aug 29, 2008 and NSE Currency Options on Oct 29, 2010. On the commodity side, East India traded first ever commodity futures on NCDEX on Dec 15, 2003 and first ever Brent Crude Futures Contract on NCDEX was done by East India on Sep 15, 2005
The company was one of the pioneering Depository Participants of the National Securities Depository Limited and helped usher in the revolutionary concept of paperless settlement of securities transactions in India. It also undertook membership of Central Depository Services (India) Ltd. Technology and people is the cornerstone of the company’s success. Right from the beginning, East India has used cutting edge technology to offer quality service to clients and to improve productivity. The company has the highest business per employee among all Depository Participants in India. To complement technology and deliver it effectively, the company has a great team of people, a blend of youth and experience, to understand client needs and deliver solutions. The company has an excellent research team at Mumbai to service and guide clients about the Market conditions. EISEC’s client base is successfully spread over retail and institutional segments.