Brokers contend with end of era on Asia’s oldest stock exchangeIndia had slightly more than 2,400 brokerages as of Dec. 24, down from more than 9,000 in March 2014, data from the regulator show.
ETMGS panel discussion: For broking industry to stay viable, value addition holds the keyBrokers are not getting money out of transaction business, says Ashishkumar Chauhan.
ETMarkets Global Summit on Nov 22 to draw strategies for D-Street’s next bull runHunt for new winners and newer ideas will be the dominant theme at this year’s ETMGS.
Broking stocks drop up to 12% as Sebi bars pledging of clients’ sharesSebi has come out with a new set of regulations essentially to ensure brokers don’t misuse securities of one client to fund another client.
Brokerages could lose ease of doing business, make losses in some casesSebi has asked trading members to maintain a separate ‘client unpaid securities account’.
BSE Brokers Forum, ANMI contribute Rs 54.30 lakh to ‘Bharat Ke Veer’ fundThe employees of the BSE and its group companies have contributed their one-day salary for this cause.
Confusion in market about extension of derivative trading hours from Oct 1Sebi chief Ajay Tyagi says bourses are yet to come back to it with any concrete plan.
Taking delivery against derivatives? Pay same STT as in buying sharesThe NSE on July 17 issued an order to levy 0.10 per cent STT on physical delivery of stocks.
Brokers’ interest income from loans to clients faces tax axeStock brokers usually lend to clients either through their NBFC arms or from their own books.
Meeting regulatory expectation is the biggest challenge brokers are facing right now: Uttam Bagri“The regulator is not choosing to differentiate between different size and business models.”
ETMGS: Large investors still believe in India story; regulations a concernThe experts at ETMGS called for relaxation in regulations & making the market more inclusive.
Will BSE, NSE extend trading hours till 5 pm?In 2009, capital market regulator Sebi had allowed exchanges to extend trading hours till 5pm.
MSEI extends trading hours till 5pm“Once we study the MSEI circular, we will decide the future course of action,” said a BSE spokesperson.
GIFT city: BSE plans to trade for 22 hours a day, NSE to foray in FebruaryGIFT is being promoted as India's first international finance center to counter shifting of country's equity, currency and commodity tradin...
Corporate defaulters may lose much protection under new codeCases listed before the panel include those of Uttam Galva, Zenith Computer, Moser Baer, Lilliput Kidswear and Avaya Industries, among a li...
NSE seeks 25% from brokers for settlement guarantee fundSebi had recently asked stock exchanges to set up a core SGF that could reduce risks during defaults. SGF insures payment during defaults i...
BSE plans IPO in H1 2013, shareholders question growth strategyIndia's oldest and premier stock exchange BSE is planning an IPO in the first half of 2013, said BSE chairman at its annual general meeting...