Expanded their horizon internationally in the year 2006 by establishing SMC Comex International DMCC, wholly-owned subsidiary of SMC Comtrade Ltd. is a member of the Dubai Gold and Commodity Exchange (DGCX) and regulated by Securities and Commodities Authority (SCA).
SMC Comex provides various services:
SMC Group is equipped with in house research wing to provide research support to its trading clients. IT has tie ups with Bloomberg, Reuters and Dow Jones for providing research feeds. In addition the research team also provides various trading calls on daily basis, fundamental as well as technical short term/mid-term/long term investment strategies to our registered clients. SMC also publishes a weekly magazine called ’Wise Money’, on a private circulation basis to selective clients. The publication provides an insight into the financial markets and offers trading strategies to our clients.
We are a well-diversified financial services company in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services and real estate advisory services to corporate, institutional, high net worth individuals and other retail clients.
As one of the financial institutions in India in the broking and financial products distribution segment, we believe that our ability to identify emerging trends in the Indian capital markets sector and creating business lines and service offerings around them, has given us a competitive edge over other participants in the industry. We believe the wide range of products and services that we offer enables us to build stronger relationships with our clients and cross sell our products. In addition, our diverse portfolio reduces our dependence on any particular product, service or customer and allows us to exploit synergies across our businesses.
We service our clients through a network of 61 branches including overseas office at Dubai and more than 2,400 registered sub-brokers and authorized persons with PAN India presence in over 500 cities. Additionally, to support our distribution of third party financial products, we have more than 24,000 registered associates /service providers who are engaged with us on a non-exclusive basis under our banner.