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How is the web in this case enhances convenience of customers ?Derive the siness model of ICICIDirect in this case.

How is the web in this case enhances convenience of customers ?Derive the siness model of ICICIDirect in this case.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Q6. Q6. ICICIDirect is the first service in India to provide complete end-to-end integration for seamless electronic trading on the stock exchanges. This service will enable the user to tie- in his trading bank account and his demat account to your brokerage account electronically.This integration of brokerage ,demat and bank accounts ensures that money is transferred to/from the user bank account and the shares are transferred from/to his demat account automatically without any paperwork.IClCIDirect keeps track of the transactions ,the settlement dates, and stock exchange rules. How is the web in this case enhances the convenience of customers ?Derive the business model of ICICIDirect in this case.
Transcribed Image Text:Q6. Q6. ICICIDirect is the first service in India to provide complete end-to-end integration for seamless electronic trading on the stock exchanges. This service will enable the user to tie- in his trading bank account and his demat account to your brokerage account electronically.This integration of brokerage ,demat and bank accounts ensures that money is transferred to/from the user bank account and the shares are transferred from/to his demat account automatically without any paperwork.IClCIDirect keeps track of the transactions ,the settlement dates, and stock exchange rules. How is the web in this case enhances the convenience of customers ?Derive the business model of ICICIDirect in this case.
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