Published: 04th July 2024
By: Value Research
To reign in the rush in derivatives trading, SEBI has mandated market infra players like exchanges to levy uniform charges on stock brokerages for F&O trades.
This is a deviation from how exchanges presently charge brokerages based on their trading volumes. The higher the volumes, the lower the fees. This discount is being taken away!
The discount allowed brokers to earn extra revenue or rebates as it was essentially the spread between their fees received from investors and paid to exchanges.
The move puts brokerages’ toplines on the line. Investors will also take a hit. And this could even end some zero brokerage models in the cash market. Read the full impact from the link below.