Discount brokers' revenue to trim 25% with new Sebi norms
The New Indian Express|October 09, 2024
MARKET regulator Sebi's revised equity index derivatives framework, announced on October 1, is expected to hit transaction volumes in the futures and options segment, ultimately impacting revenue and profitability of brokerages, especially discount brokers on one hand and on the other the revised transaction charges will directly trim their profits, warns a report.
BENN KOCHUVEEDAN @ Mumbai
Discount brokers' revenue to trim 25% with new Sebi norms

For many brokers, derivatives account for 95% of their volume, in line with market trends. However, the extent of impact will vary based on business model--being a discount or full-service brokers. While discount brokers are set to see at least 25% dip in their pretax profit, full service ones may find it easier to go with 10% fall in pre-tax profit, as per a Crisil analysis.

The Sebi blow came in on the heels of stock exchanges had revised their transaction charges from September 27, which will impact profitability, especially of discount brokers.

هذه القصة مأخوذة من طبعة October 09, 2024 من The New Indian Express.

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 October 09, 2024 من The New Indian Express.

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

المزيد من القصص من THE NEW INDIAN EXPRESS مشاهدة الكل
Engaging emotional core makes up for preachiness
The New Indian Express

Engaging emotional core makes up for preachiness

THERE has not been many films or series about characters sustaining a deep emotional wound carried from their childhood.

time-read
2 mins  |
November 30, 2024
'Rebellion creates art'
The New Indian Express

'Rebellion creates art'

At the 55th International Film Festival of India, filmmaker Shekhar Kapur, speaks about censorship, Masoom 2, and more

time-read
2 mins  |
November 30, 2024
Sundeep Kishan to headline Jason Sanjay's directorial debut
The New Indian Express

Sundeep Kishan to headline Jason Sanjay's directorial debut

N Friday, Lyca Productions announced the cast and crew of Jason Sanjay's directorial debut.

time-read
1 min  |
November 30, 2024
Spectacular Visuals elevate a generic yet charming story
The New Indian Express

Spectacular Visuals elevate a generic yet charming story

BACK in 2016, when Moana hit theaters, it opened to a wave of positivity. At its core, the film conveyed the age-old message of good triumphing over evil.

time-read
2 mins  |
November 30, 2024
FILMMAKING OVERTAKES STORYTELLING IN THIS MOSTLY EFFECTIVE PRISON DRAMA
The New Indian Express

FILMMAKING OVERTAKES STORYTELLING IN THIS MOSTLY EFFECTIVE PRISON DRAMA

We are often told that hell is for sinners and heaven is for the morally upright. In Sidharth Vishwanath's metaphorically rich Sorgavaasal, we are shown how the prison, which operates much like hell, is a place where sinners rule, and more often than not, the innocent are condemned to either rot or turn sinners themselves.

time-read
3 mins  |
November 30, 2024
Paediatric urology: Why timely treatment matters
The New Indian Express

Paediatric urology: Why timely treatment matters

GENITOURINARY disorders are among the most common surgical issues in children, comprising over 40 per cent of paediatric surgical cases seen in clinical practice.

time-read
1 min  |
November 30, 2024
PILL SCARCITY & PERILS
The New Indian Express

PILL SCARCITY & PERILS

While there is a worry of ban on over-thecounter emergency contraceptive pills, people share their difficulties in finding these drugs in pharmacies

time-read
5 mins  |
November 30, 2024
The New Indian Express

WHOLESOME GOODNESS

OW much food do you feed your child – a small bowl, a third of the plate, or maybe using the \"fist-sized stomach\" rule? No matter how you measure, there's always that lingering question – \"Is my child full, or am I overfeeding them?\"

time-read
2 mins  |
November 30, 2024
The New Indian Express

A fashion symphony

Shifting the lens on the artistes' attire rather than just their art, the Marvellous Marghazhi is back for a second time this Sunday

time-read
2 mins  |
November 30, 2024
The New Indian Express

Plastic Pollution Negotiations at the Crossroads in Busan

India proposes dedicated multilateral fund to compensate developing countries for their transition towards plastic-free living - without overlap with the mandates of other multilateral agreements

time-read
4 mins  |
November 30, 2024