India Infoline has entered into a strategic agreement with Interactive Brokers LLC (USA) to provide its clients with direct market access to over 80 global exchanges in 18 countries. Thus, the former’s clients will have opportunity to globally diversify their portfolios.
Presently, an Indian resident can invest in overseas assets to the extend of $2,00,000 per annum as per existing norms. Following the agreement, India Infoline customers can diversify their portfolios by investing in international markets.
India Infoline offers financial services in area of equities, derivatives, commodities, wealth management, asset management, insurance, loans, investment banking, GoI bonds and other personal finance instruments.