Shock For India's Broking Industry SEBI May soon Alllow Investors to Trade Directly on The Exchanges
- The Securities and Exchange Board of India is reportedly considering allowing Direct Market Access (DMA) to retail investors.
- If the regulator goes ahead with the decision, India’s broking industry is looking at a major change which could possibly also threaten their existence.
- The top 10 brokers alone contribute to over 63% of the industry size, according to a report by ICICI Securities.
In a move that could completely change the way India’s trading market functions, the Securities and Exchange Board of India is reportedly considering allowing Direct Market Access (DMA) to retail investors.
If the regulator goes ahead with the decision, India’s broking industry is looking at a major change which could possibly also threaten their existence.
If the regulator goes ahead with the decision, India’s broking industry is looking at a major change which could possibly also threaten their existence.
Stock | July 27 |
India Infoline | ₹71.30 (-3.26%) |
Edelweiss | ₹77.75 (-4.43%) |
ICICI Securities | ₹493 (-8.3%) |
Geojit Financial Services | ₹35.45 (-9.57%) |
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