Page 2 - Stockbroker
UCO Bank extends tie up with Fisdom; to offer demat, stockbroking services
State-owned UCO Bank has extended the fintech partnership with Fisdom to include demat account and stockbroking services, pension funds and tax filing
 "UCO Bank extends tie up with Fisdom; to offer demat, stockbroking services")
Sebi beefs up risk management norms, asks MFs to appoint dedicated officer
Risk to be divided into two broad categories--scheme-specific and AMC-specific--with further sub-divisions in each
 "Sebi beefs up risk management norms, asks MFs to appoint dedicated officer")
Keep a close watch on the cash you've left lying with your broker
If you are not going to trade frequently, don't leave excess cash in your trading account and make sure check weekly reports sent by the exchange carefully
 "Keep a close watch on the cash you've left lying with your broker")
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
 "Discount model the new mantra for broking firms to gain market share")
Sebi plan to introduce capital adequacy norms rattles stockbrokers
Traders contend norms are stringent, no need for them when regulator has already reduced brokers' dependency on client securities and margin
 "Sebi plan to introduce capital adequacy norms rattles stockbrokers")
PoA optional for opening of client account by stockbrokers or DP: Sebi
Sebi also specified the activities the stockbrokers will not be allowed to carry out using PoA
5Paisa, Dolat Investments, Emkay Global: Time to look at brokerage stocks?
Major brokerage houses are indicating a positive upside, daily chart suggests.
 "5Paisa, Dolat Investments, Emkay Global: Time to look at brokerage stocks?")
Portfolio managers cannot impose lock-in for clients' investments: Sebi
"Portfolio managers cannot impose a lock-in on the investment of their clients.However, a portfolio manager can charge applicable exit fees from the client for early exit," Sebi noted
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
 "Direct market access in exchanges will pose higher systemic risk: Brokers")
Sebi eases compliance norms for brokers; extends deadline for filing report
The decision comes after receiving a representation from stock exchanges, the Securities and Exchange Board of India (Sebi) said in a circular
 "Sebi eases compliance norms for brokers; extends deadline for filing report")
How to protect your interests when your stockbroker is headed for trouble
Delays in transferring securities from pool account to your demat account, or in paying out money to you are signs of potential trouble
 "How to protect your interests when your stockbroker is headed for trouble")
Paytm Money plans to offer stockbroking services for new investors
Paytm Money also offers free risk assessment and advisory investment portfolios to new users
 "Paytm Money plans to offer stockbroking services for new investors")
Looking for a stockbroker? Don't go just by price, look for value
With more players moving towards lower commissions, choose a broker based on the quality of the platform and user feedback
 "Looking for a stockbroker? Don't go just by price, look for value")
Your stockbroker needs regular monitoring
A recent Sebi circular makes it compulsory for brokers to maintain evidence of orders placed by clients
 "Your stockbroker needs regular monitoring")
