PSB expanded the functionality of the mobile application for private investors

Advertisement. PJSC Promsvyazbank. TIN 7744000912, License of the Central Bank No. 3251 dated 12/17/2014. Token: 2VfnxvbPNcp

The capabilities of the PSB Investments mobile application and its web version have been expanded: the functionality of investment ideas, formed taking into account the macroeconomic situation in the country and in the world, has been significantly improved, and services have been added that expand trading opportunities on the stock market.

According to the bank's press service, the broker creates storefronts of investment ideas for the client, and now the user sees not only the product description, but also all the key information about it, including market value, potential profitability assessment, placement period and risk level. Clients will also be able to set stop loss and take profit levels recommended by PSB analysts.

By choosing a suitable idea, the user can immediately proceed to a comprehensive purchase order with pre-set levels of loss limitation and profit taking. If the market grows, this option will allow investors to automatically lock in profits, as well as reduce the potential risk of losses in a negative scenario.

For experienced investors, PSB has proposed a new type of complex application, which can be used to open a position and at the same time issue a conditional application for closing a position with the possibility of limiting losses and profit-taking.

Also, clients (if they have access) will be able to make transactions with options on the Moscow Stock Exchange. Other investors can also take an online options knowledge test and gain access to trading.

According to Alexey Zhogolev, Senior Vice President and Director of the Wealth Management Department at PSB, the bank sees that "it is important for investors to constantly monitor the portfolio situation and be able to sell or buy securities on time in a situation of rapid economic developments." "Responding to this need, we have improved the capabilities of the new version of the PSB Investments application," Zhogolev emphasized, adding that this will help clients identify areas of capital growth, make a more accurate forecast, improve portfolio quality and reduce investment risks.