Already a member of NSE, BSE and MCX, Findoc recently became a member of ICEX i.e Indian Commodities Exchange which provides platform to trade in Diamond, Steel, Rubber etc. Findoc has now become a center of attraction in Punjab and other north western states of India Since Punjab is the hub of steel, rubber market and investors having lust for diamond, it will become convenient for the participants to hedge price fluctuation risk and increase profitability in business. While managing capital protection active members can also take delivery of respective commodities from ICEX. Findoc is already member of MCX and NCDEX.It is first of its kind financial company in Punjab as it provides varied services like Algo Trading and now by becoming a member of ICEX, It has an edge over its peers.
Mr. Hemant Sood who is Managing Director of Findoc, and having almost ten years of experience in stock market and also known a bonafide angel investor. As an angel investor he has invested many startups. While talking to Mr Sood He said “As steel market is very volatile and Punjab is steel manufacturing hub, ICEX will give them a platform where the participants can hedge
their positions and focus more on value addition.”
”. He along with Mr.Nitin Shahi (Director) have the vision of building Findoc as a major financial group, having its origin in Punjab.
Findoc Financial Services Group is collaboration of various group ventures like one of which called Findoc Investmart private limited was the first group venture, launched in 2012. Through this, they are serving in Equity Trading, Derivative Trading, Currency Trading, Algo trading and with Findoc Commodities they are serving in commodity trading, whereas through Findoc Finvest are serving in advances and Findoc Capitalmart with their wealth management services.
Findoc Financial Services Group began its journey in the year 2012. It is also a member of major Stock Exchanges i.e National Stock Exchange of India Ltd (NSE), Bombay Stock Exchange Ltd (BSE), and Multi Commodity Exchange of India Ltd (MCX), National Commodity & Derivatives Exchange Ltd (NCDEX).