India Infoline announces strategic agreement with Interactive by WoodyWoodcock


									                 India Infoline Ltd Press Release Strategic agreement with Interactive Brokers LLC

Mumbai, India
July 02, 2009
India Infoline announces strategic agreement with Interactive Brokers LLC (USA); clients
to get online access to trade in global securities
The India Infoline group today announced a strategic agreement with Interactive Brokers, LLC (USA)
to provide its clients direct market access to over 80 global exchanges in 18 countries. Pursuant to the
strategic agreement, India Infoline clients will have the opportunity to globally diversify their

Speaking at the occasion, Mr. Karan Bhagat, CEO of IIFL Private Wealth said, “Our tie-up with
Interactive Brokers to offer global securities trading reflects the coming of age of the Indian investor.
Clients of India Infoline, who hitherto had the option to diversify their portfolios domestically across
various asset classes which the group offers, will now be able to invest their portfolios at a global
level. Under the present norms, resident Indians can invest in overseas assets to the extent of USD
200,000 p.a. We chose Interactive Brokers because they are direct members to over 80 global
exchanges, offering only regulated products and their proprietary technology platform provides a
highly efficient and transparent execution service, all at a fraction of the cost compared to their

On their new partnership in one of the world’s fastest growing markets, Mr. Gerard Perez, Managing
Director, Interactive Brokers said, “We look forward to our relationship with India Infoline because
we both share the same values including conservative risk policies, credibility and technology as a
means to enhance the opportunities for our clients. Moreover, by working together and highlighting
each others’ strength we believe our mutual growth opportunities in India are exponential.”

About India Infoline Ltd (Bloomberg: IIFL)
The India Infoline group, comprising the holding company, India Infoline Ltd (NSE: INDIAINFO, BSE:
532636) and its subsidiaries, is one of the leading players in the Indian financial services space. India
Infoline offers advice and execution platform for the entire gamut of financial services covering
products ranging from equities and derivatives, commodities, wealth management, asset
management, insurance, loans, Investment Banking, GoI bonds and other personal finance
instruments. It owns and manages the website,, which is one of India’s
leading online destinations for personal finance, stock markets, economy and business.

                 India Infoline Ltd Press Release Strategic agreement with Interactive Brokers LLC

India Infoline has recently been awarded the ‘Best Broker, India’ by FinanceAsia and the ‘Most
improved brokerage, India’ in the AsiaMoney polls. A forerunner in the field of equity research, India
Infoline’s research is acknowledged by none other than Forbes as ‘Best of the Web’ and ‘…a must
read for investors in Asia’. India Infoline’s research is available not just over the Internet but also on
international wire services like Bloomberg, Thomson First Call and Internet Securities where it is
amongst one of the most read Indian brokers.
A network of 1,361 business locations spread over 428 cities and towns across India facilitates the
smooth acquisition and servicing of a large customer base. All our offices are connected with the
corporate office in Mumbai with cutting edge networking technology. The group caters to a customer
base of about a million customers, over a variety of mediums viz. online, over the phone and at our

About Interactive Brokers:
Interactive Brokers Group Inc. (IB) is an automated global electronic broker specializing in routing
orders and executing trades as a member of more than 80 electronic exchanges across the world.
With more than $4.4 billion in equity capital and handling more than a million trades per day, IB is
one of the largest independent broker-dealer in the United States.
IB provides electronic access to stocks, options, futures, forex, bonds and ETFs. Employing proprietary
software on electronic exchanges worldwide, the Interactive Brokers platform is an automatically
functioning, computerized platform that requires minimal human intervention and the IB SMART
ORDER Routing system reduces transaction costs by searching for best bids across all live markets.
Gerald Perez is a Director of the Interactive Brokers Group and has over 23 years experience in
international financial markets. He sits on the Options Industry Council (OIC) European Chapter and
on the editorial board of the Futures Industry Association (FIA) “Magazine: Futures Industry.”

For further information please contact:
 Ms. Tina Pawar                                  Ms. Mahua Roy
 Investor Relations                              Sr. Account Manager
 India Infoline Ltd                              Index PR
 D: (+91 22) 4249 9128                           D: (+91 22) 2202 5550
 M : (+91) 99876 00088                           M: (+91) 98213 18581
 Mail:                   Mail:


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