Securities firm launches online trading platform

TCInvest allows users to open an account and buy and sell stocks online. Users can access the platform through the internet, with their mobile devices, or by phone. TCInvest also includes features such as TCWealth and TCrating, with research and analysis about the stock market and companies in order to help users make decisions.

Most importantly, TCInvest is integrated with Techcombank’s core banking system, so that users can transfer funds immediately.

“TCInvest is the manifestation of two of our strategies: to invest heavily in technology, and to bring investment products to individuals that have previously only been available to institutional investors,” said Nguyen Xuan Minh, chairman of the board of members of Techcom Securities.

“TCInvest is very convenient because users can utilise the services of both the bank and the securities company on the same platform,” said Tran Nhat Nam, director of online investment of the company

Techcom Securities is 100 per cent owned by Techcombank. It operates in three main areas, namely online trading, investment products, and investment banking. Its services include research and analysis of companies, as well as sectors, asset management, and corporate finance advisory, which consists of investment consulting, M&A consulting, financial consulting, and management consulting.

Vietnam currently has 675 million stocks listed on the Hanoi and Ho Chi Minh stock exchanges, with the total market capitalisation of VND1,270 trillion ($60 billion). As of July 31, Vietnam Securities Depository has licensed 18,068 foreign investors to trade stocks, of which 2,727 are institutional investors and 15,341 are individuals.