The SEBI Committee on Internet Based Trading and Services in its meeting held on August 2, 2000 approved the minimum requirements for brokers offering securities trading through wireless medium on Wireless Application Protocol (WAP) platform.

SEBI-registered brokers who have been granted permission to provide Internet based trading services can introduce WAP trading after obtaining permission from respective stock exchanges. SEBI has stipulated the minimum conditions to be fulfilled by trading members to start Internet based trading and services, vide their circular no.SMDRP/POLICY/CIR-48/2000 dated October 11, 2000.

WAP trading at NSE

NSE became the first exchange to grant permission to its members for providing WAP trading services. NSE has granted permission to one of its trading members M/s.Gogia Capital Services Ltd. to provide securities trading through WAP. This is the first WAP enabled online stock trading facility in the country.

The WAP technology has been harnessed jointly by NSE.IT and Bharti Telesoft using Bharti Telesoft's WAP interface and NSE.IT's E-broking products NeatXS/ iXS, leading to convenience of live stock trading for people on the move.

Members desirous of providing trading services using WAP may please refer to circular no. NSE/CMO/0024/2000 dated November 24, 2000 (Download No.NSE/CMTR/2112).

Internet trading at NSE | Empanelled Vendors / ASPs | Members granted permission | Internet Trading Statistics