Regulator directs exchanges, other MIIs to levy same fees
Business Standard|July 02, 2024
The Securities and Exchange Board of India (Sebi) on Monday directed stock exchanges and other market infrastructure institutions (MIIs) to discontinue with the practice of levying slab-wise fee structures.
SAMIE MODAK
Regulator directs exchanges, other MIIs to levy same fees

MIIS will now have to charge uniform fees, irrespective of the size of market participants, essentially the brokers. Currently, exchanges charge trading members (brokers) a slab-wise fee structure for both cash and derivatives segments.

The structure is aimed at incentivising brokers that generate higher turnover. The market regulator said the current structure goes against the principle of equal, fair and transparent access to all market participants.

هذه القصة مأخوذة من طبعة July 02, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 02, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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