Business News›Prime›Prime Decoder›Sebi and the burning question of cost of trading for retail investors
Markets
Sebi and the burning question of cost of trading for retail investors
Getty Images
Synopsis
The future of the zero-brokerage concept is uncertain after a Sebi circular.
The new Securities and Exchange Board of India – Sebi - circular on uniform charges has sparked a debate. Brokers argue that this move will end zero-brokerage concept in India, while activists support Sebi's effort to close a loophole that allowed brokers to profit while claiming zero brokerage fees. Ultimately, the new rule is expected to make trading more expensive for retail investors. Here is an explainer detailing what this means and its
- FONT SIZEAbcSmallAbcMediumAbcLarge
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.