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    • From floor trading to algorithms: India’s stockbroker rules get a 21st-century makeover

      The comprehensive overhaul represents SEBI's commitment to maintaining a regulatory framework that evolves with market realities

    • Sebi orders exchanges to investigate prop-trading account misuse after Moneycontrol expose

      One Sebi official has confirmed the development while requesting not to be named. “Sebi has directed exchanges to investigate the violations and submit a report,” the source said.

    • Prop trading scam uncovered: No KYC, no paper trail; misuse of leverage runs on victim’s trust

      There are no agreements, no KYC, and no paper trail but trades happen in full swing, and things are fine until someone defaults, or there is a big loss.

    • IT sleuths target brokers for proprietary trading abuse

      Several brokers were served IT notices suspected of misusing trading terminals and masking third-party trades as loan entries

    • MC Exclusive: Brokerages evade regulatory scrutiny of illegal prop-renting with an easy hack

      Market sources say SEBI has started tracking these trades more closely and, therefore, brokers have found a workaround

    • MC Exclusive: Traders with shining strategies moonlight for multiple brokers, manage prop accounts

      With small and mid-brokerages struggling in an intensely competitive and increasingly regulated environment, any brokerage that breaks the rules to survive will make it harder for other brokerages to stick to the straight-and-narrow

    • MC Investigates: Prop brokers use the hawala route to receive payments for illegally renting out terminals

      Traders who are reluctant to do business in cash are blacklisted by a cabal of brokers, and  their access to prop trading terminals is cut off.

    • How RBI's proprietary trading ban helped rupee gain

      On the backdrop of the Reserve Bank of India's (RBI) ban on proprietary trading the Indian rupee pared some of its losses against the US dollar. At 15:30 hours the local currency was trading at 60.18 against the greenback. It had touched record low at 60.62/USD on Monday.

    • US regulators consider tiered Volcker rule: Report

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347