Online Trading Academy, a World Leader in Professional Trader Education, Now in India

Mumbai, India, October 20, 2010 - Online Trading Academy, a world leader in professional trader education, signs pact with Sharekhan, one of India’s leading retail broking houses, to provide it’s trading and investing education to customers in India. They have the largest global network of 33 financial education centers, having presence in the USA, Canada, UK, UAE, and Singapore and have now launched its 34th financial education center at the Phoenix Mills, Lower Parel in Mumbai.

Online Trading Academy is the world’s most trusted name in trader education having partnered with leading exchanges such as the NASDAQ, the CME group, and the NYSE Liffe.

Online Trading Academy believes in practical application of its education system. As part of the course, their students have to trade live during market hours with real money given by the academy. All trading costs and losses, if any, incurred in trades executed by students are borne by the academy. This distinctive and hands-on coaching style gives it a unique edge and speaks volumes for its sound education system and risk management practices. Globally, Online Trading Academy has partnerships with leading online broking firms such as TradeStation, FXSolutions, Questrade, etc. The students in India will be able to trade in live markets in the classroom, through Sharekhan’s online platform – TradeTiger.

Sharekhan will offer discounts on brokerage to student traders of the academy till their entire tuition fees are fully reimbursed. This unique feature will essentially make the classes free for the students of Online Trading Academy. The academy also distinguishes itself from other training institutes by allowing their students to repeat the same class at ‘no extra cost’ for innumerable times. This will help the students to perfect the art of trading and become ace traders themselves.

Speaking on the occasion, Mr. John O’Donnell, Chief Knowledge Officer – Online Trading Academy said, “We are very happy to collaborate with India’s leading online retail broking house. Our unique approach towards professional trader education will help create a distinctive learning platform for traders as well as potential traders in India and help them learn the skills necessary to trade consistently and profitably.”

During the press conference, Mr. Tarun Shah, CEO – Sharekhan said, “This is a milestone in Sharekhan‘s history. Partnering with a world leader in professional trader education will benefit enrolled students, helping them to trade with skill and confidence. The in-depth course module coupled with real time trading will enhance professional skill sets.”

Online Trading Academy has a community of thousands of students who have learned to trade with the skill and confidence of professional traders. Their classes cover a spectrum of trading styles and asset classes from different trading techniques to active investing, for stocks, exchange traded funds, options, equity futures, commodities and forex.

About Sharekhan

Sharekhan Ltd is India’s leading online retail broking house. Launched on Feb 8th 2000 as an online trading portal, it today has a pan India and international presence with over 1529 outlets serving 950,000 customers across 450 cities. Sharekhan offers services like Portfolio Management, trade execution in equities, futures & options, commodities and distribution of mutual funds, insurance and structured products. These are backed by high quality investment advice from an experienced research team at Sharekhan which provides fundamental and technical research, market related news, statistical information across equities, commodities, mutual funds, IPOs and much more.

Sharekhan has set category leadership through pioneering initiatives like ‘TradeTiger’; a net based executable application that emulates a broker terminal besides providing information and tools relevant to Day traders. Their second initiative, ‘First Step’ is targeted at empowering first time investors. Sharekhan has also set their global footprints through the ‘India First’ initiative, a series of seminars conducted by Sharekhan to help NRIs participate and benefit from the huge investment opportunities in India.

About Online Trading Academy

Irvine, California-based Online Trading Academy is a global network of financial education centers focused on teaching students the art of trading since June of 1997. Online Trading Academy offers instruction in physical classrooms and online; in multiple asset classes including Stocks, Options, Forex and Futures. Online Trading Academy offers professional instruction from experienced industry professionals, as well as a wide array of beneficial home study materials to supplement classroom study. Over 200,000 investors have experienced Online Trading Academy’s Education with classroom locations that include: Irvine, Los Angeles, San Jose, Concord, Seattle, Vancouver, Phoenix, Denver, Austin, Dallas, Houston, San Antonio, Kansas City, Minneapolis, Milwaukee, Chicago, Detroit, Ft. Lauderdale, Tampa, Orlando, Atlanta, Charlotte, Baltimore, Washington DC, Philadelphia, Secaucus, New York City, Stamford, Toronto, Boston, London, Dubai, Singapore, Mumbai and plans to open a financial education center in Jakarta in 2010. For more information, visit www.tradingacademy.com.