Page 6 - Brokers

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

Handing over shares to a broker for fixed return may land you in trouble

Brokers are supposed to report, on a weekly and monthly basis, the shares of clients that they hold

Coronavirus: Brokers face hurdles after lockdown imposed by state govts

This prompted industry body Association of National Exchanges of Members of India to write the authorities.

Covid-19: Market brokers knock Sebi's door over confusion on office opening

Anmi has urged Sebi to explicitly declare brokers under essential services to enable them to work smoothly

Anmi asks Sebi to classify brokers as essential services amid virus scare

This comes after 75 districts across all India were put on total lockdown in the wake of coronavirus pandemic

For the broking industry, fears of liquidity drying up loom large

Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway

Sebi develops system to detect misuse of client securities by stock brokers

This comes after Sebi observed that some brokers have misused clients' securities

I-T dept searches 39 locations to check tax evasion by BSE brokers, traders

Over 39 locations spread across Mumbai, Kolkata, Kanpur, Delhi, Noida, Gurugram, Hyderabad and Ghaziabad were covered under the operation, the department said in a statement on Saturday

58% brokers to invest in 'algos' as part of software spends in 2020: Survey

The survey also found that almost 86 per cent of brokers consider technology as an important factor for their businesses by 2020 and 79 per cent of them are currently active investors in technology

Karvy a tip of iceberg: Lens on 3 dozen brokers for Rs 10k-crore fund abuse

Sources say the issue is not limited to just Karvy Stock Broking, with over three dozen more brokers under lens for misappropriating client funds to the tune of Rs 10,000 crore

Karvy ban shows India must get rid of dodgy brokers to back healthy equity

India is hardly immune to the global trend of sliding fees and trading commissions.

Top headlines today: Brokers under lens for fund abuse, RCom sale & more

From SpiceJet liquidity crunch to Paytm raising $1 bn, here are the top 10 business headline of the day

Foreign exchange dealers under lens for large overseas remittances

ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries--Thailand, Dubai, Singapore and Hong Kong

Client securities: Sebi extends deadline by a month for brokers

Earlier, the deadline to square-off these trades was August 31, 2019, if the client was unable to meet the payment obligation

Some mistakes investors must avoid in relationship with their brokers

If you want to make money by lending shares, use the exchange platform meant for this purpose

Brokers exit cash segment, numbers drop by a quarter over 12-month period

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable

Discount brokers scooping up more clients amid volatile market environment

Analysts say 'Jio'fication of broking is gaining pace as customers are lured by low-cost options