Page 13 - Brokerages

Decoded: Why Sebi's new margin pledge norms have rattled brokerages

Business Standard tries to explain why Sebi introduced this new system and why it is worrying the broking community

This upstart Chinese brokerage is now bigger than Credit Suisse

Shares in the online broker and market data provider have rocketed 78 per cent this year, giving it a market value of more than 200 billion yuan ($29 billion)

New margin norms to hit traditional brokers, more suited for online brokers

Uncertainty over outstanding F&O positions where margins given under erstwhile system

Brokerages likely to tap into clients' appetite for overseas trading

At least three major brokerages are looking at making such offerings available to their clients

Direct market access in exchanges will pose higher systemic risk: Brokers

Experts say playing various functions of an intermediary may not be feasible for exchanges

Covid-19 likely to hit Reliance Industries' Q1 profit, say brokerages

An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.

Brokerages want bourses to revisit margin norms ahead of implementation

New directions suggest clients cannot use sale proceeds for other trades

Discount brokerages likely to benefit after intoduction of new norms

Earlier, small broking houses were able to attract clients by allowing them to take large leveraged intra-day trades without taking any upfront commission from them

Online brokerages see growth in new investors, trading activity in Mar-June

Jaideep Arora, the CEO of Sharekhan by BNP Paribas said traders, investors and new entrants are looking at this pandemic situation with both caution and opportunity

Broking incomes see tepid growth in FY20 due to volatility, lower volumes

High-yielding delivery-based transactions yet to see strong pick-up

India-China border dispute to impact near sentiment, say brokerages

Auto, consumer durables and chemicals could be the worst impacted if the situation worsens

Faulty price feeds in F&O contracts disrupt trading, brokers approach NSE

Several brokers cautioned investors and some halted trading in Bank Nifty contracts, the second-most traded index derivatives

Brokers see hit on distribution income as flows in equity schemes taper

In April -- which was the first full month post-lockdown -- equity flows were down 47 per cent down to Rs 6,212 crore, reflecting the impact of lockdown

New-age brokerages rework risk management policies to tide over volatility

While some have restricted intra-day leverages given to clients for trading, others have stopped trading in illiquid scrips

Sebi slashes fees on trading, filing documents to boost market activity

The broker turnover fee has been slashed by 50 per cent of the existing fee structure

Brokerages discourage trading in crude oil till volatility subsides

MCX is considering interim measures to handle negative pricing on Nymex and the impact on its platform

Brokerages prefer realty firms with annuity assets amid stable cash flows

At beaten down valuations, annuity developers offer favourable risk-reward, it said. DLF, Prestige Estates, Phoenix Mills and others have large office properties

Online brokerages see uptick in new investors even as markets crash

Ease of account opening due to e-KYC, tempting valuations after the market crash, work-from-home and SBI Card mega IPO are reasons for the spurt

Brokerages turn bullish as Reliance Industries shares plunge 20%

Bearish market trend, Coronavirus impact amid crude oil crash have hurt investor sentiments

YES Bank rescue plan: How brokerages have interpreted the proposals

Macquarie has suggested that taxpayers will the biggest casualty in the government-approved bailout plan for YES Bank