BSE investors to get trade alerts through SMS

In a move to check unauthorized stock market trades through investor accounts, the Bombay Stock Exchange (BSE) today said it will commence the service of sending SMS to all investors from tomorrow.

"In order to check unauthorised stock market trades through investor accounts, as per SEBI circular, BSE will commence the service of sending SMS to all investors with effect from October 12, as per the investor details available in the UCC (Unique Client Code) database,"


The National Stock Exchange (NSE) too would start sending transaction details to mobile phones and Email accounts of all retail investors with effect from October 15.