|By PR Newswire||
|October 31, 2012 12:30 AM EDT||
CHENNAI, October 31, 2012 /PRNewswire/ --
- To Invest Rs. 200 Million
- Aims to Double Number of Branches and Workforce by March 2013
Aditya Trading Solutions (ATS), South India's biggest commodity broker, has announced its plans to invest up to Rs. 200 million and double the number of branches by March 2013, as part of the company's continued expansion.
The broking entity, currently with a dominant presence in South India with 30 branches, is planning to step up its presence in Maharashtra and West Bengal by early next year.
Recently, strengthening its presence in Andhra Pradesh and Kerala, the company opened new branches in Vishakhapatnam and Cochin, respectively. ATS already has offices in Hyderabad, Thrishur and Trivandrum.
Commenting on the development, Aditya Trading Solutions' MD Mr. Vikas Jain said, "In today's market where everybody else is on an austerity drive, ATS is infusing fresh capital and opening more branch offices and hiring in large numbers. We are now focusing on C&IB business very seriously where we plan to get Hedging and large portfolio based business."
Continuing its impressive growth story intact, ATS is aiming to double its daily volume to Rs. 20 billion, and also double its current workforce of 400+ by March 2013.
About Aditya Trading Solutions
Aditya Trading Solutions (ATS) is a full spectrum investment management house specializing in online commodity trading. It is one of the earliest members of MCX and amongst the pioneers of online commodity broking in Tamil Nadu. ATS is led by young and dynamic entrepreneurs who have years of proven experience in international derivative markets like NYMEX and have worked with several FORTUNE 500 companies. Its client base consists of a long list of satisfied institutional and retail client base in broking. For more information, visit www.adityatrading.in
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