Page 5 - Brokers

Brokers, wealth managers hate us and we are okay with that: Nikhil Kamath

Last year, he and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore

Sebi cancels Kolar Sharex, Rajkumar C. Basantani as stock brokers

Markets regulator Sebi on Thursday cancelled the registration of Kolar Sharex Pvt Ltd as stock broker for violating market norms

Retail participation and higher volumes boost broking business in 2020

The number of active investors has gone up 30-40% for most top brokers after the Covid outbreak

Sebi extends limit for submission of reports, eases compliance for brokers

The decision comes after receiving representation from stock exchanges and depositories, the Securities and Exchange Board of India (Sebi) said in a circular

Have a claim against Karvy? Complain to stock exchange's grievance cell

To prove Karvy withdrew securities from your demat account, obtain a transaction statement

Discount model the new mantra for broking firms to gain market share

Kotak Securities (KSL), a full-service broker, on Thursday announced the launch of its Trade-Free Plan, with zero brokerage on intraday trades and Rs 20 per order for all other F&O trades

Revenues and profit surge for broking houses in September quarter

During the September quarter, the Sensex and the Nifty indices rallied nearly 10 per cent, while the broader markets rallied even more

Broker defaults near 20-year high amid slowing economy hit by Covid-19

The total number of such defaults between September 2019 and September 2020 is almost higher than the sum of the previous 10 years' defaults on the BSE

When it comes to choosing a broker, give equal weight to fee and safety

While low fee is tempting, make sure you can trust the broker with your money, securities

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

Street signs: Route Mobile IPO, brokers eye tech improvement, and more

Last week, low-cost brokerage 5paisa.com appointed former Flipkart chief technology officer Ravi Garikipati on its board as an independent director

Shift to e-DIS method to keep securities in your demat acccount safe

This will ensure that you don't have to give power of attorney to your broker and yet do not lose out on convenience

SMS scrips investors may see delayed payouts as exchanges up surveillance

45 stocks under watch after reports of unauthorized trading tips being exchanged on messaging platforms

Securities brokers bench their branch office, court customers online

Trades through mobiles accounted for a fourth of transactions on NSE in July

New margin pledge system: Sebi to meet brokers, depositories on Monday

This would be their third meeting with Sebi

Avoid brokers who offer high leverage; they're very risky and could go bust

You should also avoid brokers with a high level of debt in their balance sheets; Move your account to another broker if the one you're dealing with delays making payouts

Gift vouchers, trading credits: Brokers scramble to attract clients

They are spending Rs 2,000 per head to attract customers

Tech companies could be brokers of tomorrow, says Zerodha's Nikhil Kamath

Retail investors enter the market ahead of a correction but this time could be different, says Nikhil Kamath.

YES Bank FPO: Several brokers under Sebi scanner over share freeze

Over 12.5 billion new shares issued in the FPO commenced trading on Monday

Negative price trading on MCX: Brokers approach Sebi with alternatives

MCX move follows after it settled April crude oil futures at minus Rs 2884 price even as their software was not permitting negative price trade following close of Nymex crude