Anil Dhirubhai Ambani Group company Reliance Money revealed that it has linked up with Singapore-based DBS Vickers Securities, to facilitate trading in global commodity exchanges for Indian companies.

The sources said that under the said pact, the firm would offer trading facilities for different derivatives including agricultural products, metal and energy products, which are traded on various major exchanges worldwide.

The sources further disclosed that the firm would also provide trading facility on OTC (over-the-counter) products in segments such as energy and freight.

While commenting on the tie up, Mr Sudip Bandyopadhyay, Reliance Money Director and CEO stated, “Our agreement with DBS Vickers will now open a safe, secure and cost effective transaction platform for our customers to trade in Global Commodities Exchanges.”

DBS Vickers Securities is the securities and derivatives arm of the DBS Group, a leading banking group of Southeast Asia.