Punch - if Apple ever built a trading product

By Pankaj Agarwal and Shripati Acharya

We are excited to announce our partnership with Punch, a mobile-only options trading brokerage empowering first-time traders to navigate the market with confidence and caution. We all know the growth in capital markets and accelerating retail participation, so we will skip all of that here. Instead, through this announcement post we would like to talk about one core thing that convinced us of Punch’s proposition - a 10x superior product that aims to demystify and de-risk options trading for new traders.?

The market participation in options trading has increased by leaps and bounds over the past decade. And the trader behaviors have shifted considerably but the trading products themselves have seen no innovation during this time.

Options trading has increasingly shifted to mobile platforms with 70%+ trades getting executed on mobile. This share is expected to rise further as more retail traders enter the markets. However, the current mobile trading products are highly inadequate and replicate the desktop workflow without factoring in the constraints as well as the convenience of a small screen.?

The need for switching between different apps during the trade lifecycle is cumbersome and transcends 30+ screens from accessing the right information, analysis, trade set up, in-trade and post-trade journey. This high cognitive load can result in expensive mistakes due to the lack of visibility and control on the timing of entering and exiting the trade. Given the high leverage nature of option trades, such delays can cause considerable swings in the trader’s P&L.

Punch addresses the shifting market dynamics head on with a refreshing take on how a new-age trading product should look and operate like. A single screen and easy to use trade execution product that puts traders at the front and center with its power packed features around pre-trade analysis, execution, monitoring and risk management. And it achieves all that within the confines of a smartphone screen. If Apple ever built a trading product, we think this is what it would look like.?

With its single screen visual trading, Punch has reimagined trading on mobile from the ground up. The design neatly integrates charts, premiums, P&L, order book, positions and indicators into one seamless interface. The approach not only enables faster and precise trading but also surfaces required information based on the trader’s context to ensure full visibility and informed decision making. This simplified platform enhances efficiency and ease of use and is resonating strongly among new traders.

With intuitive safety tools such as “Trade Protection” and “Capital Shield” Punch also safeguards traders and ingrains behaviors among traders to navigate the markets with confidence and caution.

The information organization, execution flow and innovation on risk management built in the product requires deep clarity and trader empathy. This paradigm shift is enabled through native underlying charts that the founders Amit Dhakad and Hiral Jain built at MarketPulse, a trade analysis product that has strong user love and scaled to 600K+ monthly active traders without a dime spent on marketing.?

With their deep domain knowledge, a decade of experience building for traders and product first thinking, we found a strong founder market fit in Amit Dhakad , Hiral Jain , Ajit Dandekar and Arshad Fahoum . And are super excited to be a part of their journey.

Visit Punch to learn more.