Broker

A simple guide to help you choose a broker who makes investing easy, safe, and stress free.

Brokers uneasy with ‘Fit and Proper’ norms, raise concerns with Sebi

Despite the notification issued in 2021, there are hardly any instances where Sebi has invoked these amended ‘Fit and Proper’ provisions for disqualification of an intermediary.

Sebi announces common compliance reporting mechanism for brokers from August 1

Currently brokers have to submit the compliance report to all the exchanges, where they are member. At a later phase commodity brokers will also be covered.

IPO-bound Groww’s mutual fund assets reach Rs 2,000 crore in May

Groww acquired the mutual fund business of Indiabulls in May 2023, which had an AUM of Rs 342 crore

Happy New Financial Year! Relief for brokers as regulator eases technical glitch norms

Exchanges, with SEBI’s nod, have eased technical glitch norms—no penalties in certain cases, capped fines for non-reporting, and no business restrictions if few clients are affected

Big relief for brokers in works; SEBI working on 'one event, one penalty' mechanism

According to sources familiar with the development, SEBI is deliberating on the matter with exchanges to design a framework that does not allow different bourses to levy separate penalties for a single event of non-compliance; SEBI has confirmed the development

Zerodha's profit grows 62% to Rs 4,700 crore in FY24, revenue up 21% to Rs 8,320 crore

The profit figure is one of the highest for tech startups, mostly attributed to the growing interest in F&O trading

SEBI's shortening of the settlement cycle will take a toll on the market

SEBI aspires to further compress the settlement cycle to T+0, achieving completion by the conclusion of the same day in the initial phase and subsequently progressing towards instant settlement. The successful implementation would establish Indian markets as among the world's safest and most efficient. 

'Do not tension': Hilarious exchange between Mumbai broker and prospective tenant is viral

The exchange takes an amusing turn when the user responds with a skeptical 'Hmm, not very nice.' To this, the broker confidently retorts, 'Nice, trust me.'

Clients with invalid KYC not allowed to trade or square up positions; How worried should you be?

In an email to the regulator sent in August, the Association of National Exchange Members of India said that clients were facing ‘link-related difficulties’.

NSE asks brokers to keep a tab on clients trading deep out-of-money options

On a daily basis, brokers need to monitor patterns such as pump and dump, circular trading, and front running.

Shoonya settles claims of Rs 3 cr with glitch-hit traders, plays down account closures

The top management of the broker claimed that the glitch has not resulted in much customer losses

Upstox should be made to pay for its system failure

SEBI should have a redressal mechanism in place that penalises brokers, and takes strict action against them for losses caused to retail traders

SEBI issues reminder after FPIs found short-selling stocks: Report

SLB mechanism, introduced about a decade ago, had permitted FPIs to sell borrowed shares.

Broker default – Only a strong deterrent can plug the gap

The punitive action should be like the one taken on ‘fugitives’ to prevent recurrence

Karvy case: How you can safeguard your stock and MF holdings from brokers’ shenanigans

The regulator’s portal and social media help in finding out which broker has least complaints.

Classroom | Placing orders (Equity: Part 6)

You could call up the broker’s office and place your order. Alternately, you could place the order online through the broker’s website.

Disruption is changing the broking industry beyond recognition

More and more brokers are shutting shop or diversifying

Much-needed move by Sebi to prevent misuse of clients shares by brokers

With the broking business in the doldrums, some brokers raise money by borrowing against clients’ shares

Opinion | Five policy decisions that led to the mid, small cap stock sell-off

The distinct variance in large and small cap stocks has its beginning in policy changes, which ended up hurting the segment it was trying to protect.

How will RERA impact real estate agents?

Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1, 2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker &#82

Delhi Ola, Uber drivers' strike in a deadlock

Mediated by the state government, the meeting between representatives of Rajdhani Tourist Driver Union and the managements of Ola and Uber saw no headway being made. However, the state has asked the companies to look into driver demands for reasonable compensation and other welfare measures.

20 years of demat:A move that transformed share trading in India

The introduction of dematerialization — conversion of physical shares into electronic form -- in the mid-90s was a radical move that changed the character of the Indian market forever.

Give info on payments to brokers: CVC to govt work bidders

Firms eyeing multi-crore government contracts will have to provide details of payments made by them to brokers or any intermediary besides disclose their association with foreign companies, the Central Vigilance Commission (CVC) has said.