Brokers

Brokers seek clarity from Sebi on withholding payouts in fraud cases

Brokers have called for clarity on resolution timeline, granting market institutions more powers to Access and act alone

Brokers seek Sebi clarity on payout freezes in fraud-linked cases

Move comes after recent withholding of Rs 80 crore that impacted more than 160 brokers

Sebi discontinues investor risk reduction access platform for stock brokers

Market regulator Sebi on Thursday discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect, citing its redundancy amid stronger business continuity and cyber resilience frameworks in the securities market. The IRRA platform, operationalised on October 1, 2023, was designed to provide stock brokers with an alternative access point for trading during the disruption of trading services offered by them, the regulator said. However, Sebi noted that several technology-driven measures introduced over the past few years have significantly strengthened stock brokers' operational resilience. These measures include operationalisation of Business Continuity Planning and Disaster Recovery (BCP-DR) requirements, enhanced cyber security and cyber resilience frameworks, implementation of Market Security Operations Centre (M-SoC), and strengthening of the technical glitch framework. According to the regulator, stock brokers have also adopted significan

Sebi proposes to tighten variable net worth regulations for brokers

Variable net worth to include 10% of the average credit balance of clients over the previous six months

RBI delay on capital market norms offers relief, but uncertainty lingers

RBI defers capital market exposure norms by three months to July, offering brokers temporary relief even as concerns over proprietary trading and lending rules persist

Brokers seek six-month pause on RBI curbs on bank lending, document shows

A six-month pause would give market ‌participants time ​to submit feedback, ​conduct impact assessments and engage in constructive consultations, according to the letter

Brokers body may approach RBI on funding norms, flags market concerns

Brokerages are planning to approach the RBI to review revised capital market exposure norms, which they say could hurt proprietary trading, raise MTF funding costs and weigh on market liquidity

Sebi mulls additional relaxations in reporting norms for stock brokers

To boost ease of doing business, markets regulator Sebi on Friday proposed additional relaxations to reporting norms for stock brokers, including exempting certain demat accounts held by brokers who are also primary dealers from tagging requirements. Further, brokers that are banks or primary dealers will be required to report only those bank accounts that are used for stock broking activities, Sebi proposed. "All demat accounts maintained by stock brokers should be appropriately tagged. Further, this shall not be applicable for the demat account which are used exclusively for activities other than stock broking activities by stock brokers, which are also primary dealers. "Stock broker which is also bank or primary dealer, shall be required to report to the stock exchanges only those bank accounts that are used for their stock broking activities," Sebi said in its draft circular. Under the current rules, brokers are required to maintain properly named and tagged bank and demat ...

Alice Blue Wins TradingView's 2025 Best Options Broker in Asia Award

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Sebi overhauls framework for dealing with tech glitches for stock brokers

Markets regulator Sebi on Friday overhauled the framework for dealing with technical glitches in stock brokers' electronic trading systems, easing compliance norms, rationalising financial disincentives and excluding smaller brokers from the ambit of the rules. Under the revised framework, glitches occurring beyond a broker's control will no longer be covered. The move is aimed at improving ease of compliance and facilitating ease of doing business for market intermediaries. In its statement, Sebi said it has streamlined the eligibility criteria to exempt smaller brokers with limited business scale and lower dependence on technology. The framework will now apply only to brokers with more than 10,000 registered clients, a change that will take around 60 per cent of brokers out of the regime and significantly reduce their compliance burden. Further, glitches that originate outside a broker's trading architecture, do not directly affect trading functionality or have negligible impact

Expect a shift from derivatives to cash-market investing: Emkay's Karwa

As the global artificial intelligence (AI)-led trade moderates due to rich valuations, India will re-emerge as one of the most attractive growth markets in a slowing global environment, Karwa said

BS BFSI Insight Summit: Broking industry sees high growth on digital push

After two years of record highs, brokerages see the slowdown as a reset for sustainable growth - driven by rising incomes, digital depth, and maturing investors

Sebi's cost-cap plan threatens to erode mutual fund, broker earnings

Shares of these, along with wealth and MF distribution stocks, slump up to 8%

Cash market activity will revive as confidence builds: Pranav Haridasan

Brokers must differentiate through advisory, technology, and customer experience rather than relying solely on pricing, MD and CEO of Axis Securities said

Sebi proposes revamp of glitch rules, exemptions for small brokers

Sebi has issued a consultation paper to narrow the definition of technical glitches, ease compliance for small brokers, and strengthen oversight for larger players

Brokers' body resolves differences with MagicBricks after disrespect row

In May this year, NAR India had directed its members to cease all listings, advertisements, and business transactions with MagicBricks and avoid all engagement with the platform

Surat stockbroking fraud: Avoid unregistered middlemen posing as brokers

Dealing with such entities is highly risky, as they can block trading and abscond with deposits

Avendus Spark under scrutiny after error in Clean Science share sale

Clean Science shares fell as much as 9.3 per cent but pared their losses to close 2.7 per cent lower in Mumbai

NSE reliance on top 10 brokers falls to 48.3% in FY25, says Sebi report

According to the Securities and Exchange Board of India's (Sebi's) annual report, the share of clients contributed by the top 10 brokers on NSE fell to 48.3% in 2024-25 (FY25), from 63.7%

Brokers' lobby Anmi calls for expansion of F&O universe and other reforms

Anmi urges Sebi to expand the F&O universe, ease stock lending, and revive currency derivatives to enhance market liquidity and provide better hedging tools