Depository

Complementing the stock trading function, FAST’s depository participant (DP) services reach out to investors at industry – leading prices. A full suite of DP services is offered using online software, accessible through multiple connectivity modes – leased lines, VSATs and internet. Operation of the demat account by a client requires just a few mouse clicks. Since Depository Services is indispensible as an in-house requirement, we have acquired the membership with CDSL and are acting as a Depository Participant for CDSL.

The benefits are several:

• With an in-house depository service in hand, the third party dependence ceases to exist thereby giving the owner an edge.
• It is easier to reach and cost effective.
• Holding Statement, Transcation Statement can be viewed on WEB thereby saving much of your valued time
• Better efficiency shows up as time is considerably saved. This brings in trust in the clients as the deliverable time decreases.
• With an in-house depository, a close watch can be kept on the Interest Rates thereby making enough room for speedy growth.
• Such a facility will give a better control on Force Majeure Issues like strikes, close downs etc