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Blow to discount brokers like Zerodha as SEBI bats for uniform charges by MIIs; how will you be impacted?
Generally, stock exchanges like BSE and NSE charge a specific transaction fees from brokers like FY…
Demat account additions slow as markets languish; Upstox, ICICI Securities, 5Paisa Capital lose market share
Additions of new demat accounts have slowed in FY23 as compared to FY22 due to volatility in the eq…
New demat account additions decline 18% in April; Zerodha, Upstox, Groww impacted
Additions of new demat accounts continued to slow in April to 16 lakh from 19 lakh in March, amid u…
Discount broker Upstox suffers data breach – Aadhaar, PAN and bank account numbers leaked
Popular discount broker Upstox has suffered a massive data breach that has exposed some important…
Robinhood says it's fixed an issue that showed incorrect portfolio values for users
Several users took to Twitter with complaints that their account values moved out-of-step with unde…
Ben Winck
What is a broker? What to know about the intermediary that helps investors buy stocks
A broker is a person or company that's an intermediary for someone looking to buy stocks or assets.
Amena Saad
How a media executive you've never heard of brokered one of the most consequential deals in Hollywood and brought us 'Seinfeld'
Frank Biondi was an entertainment executive and early investor in Castle Rock, the production house…
Jane Biondi Munna
Wall Street brokers are reportedly limiting short bets against meme stocks by hedge funds
Some hedge funds and other institutional investors face higher collateral requirements or are limit…
Carla Mozée
Zerodha doubles its valuation to $2 billion within a year as millennials plough India’s stock markets
Discount broker Zerodha has doubled its valuation to $2 billion within a year as India’s millennial…
LIC IPO: If you are a policyholder, this is how much discount you get
State-owned insurance behemoth Life Insurance Corporation of India (LIC) will launch its initial pu…
Charles Schwab is losing a prominent markets analyst as the discount broker starts cutting 600 jobs
The company has plans to lay off around 600 staffers, or 3% of its current workforce, to help manag…
Rebecca Ungarino
INTERVIEW: Sharekhan’s new discount broking platform will take no fees for a loss-making trade
Leading stock broking firm Sharekhan today announced its foray into digital-led discount broking wi…
Robinhood is making more money per trade than rival brokerages as millennials rush into day-trading
Robinhood took in $0.0024 per equity trade, allowing it to make more than Charles Schwab and E-Trad…
Ben Winck
In Japan, 'accident properties' that have been the scene of a death carry a heavy stigma. Meet the people selling and renting these homes, often at a discount.
"I was weighing the pros and cons of the apartment when I thought, 'People have to die somewhere? W…
Amanda Goh
Why Morgan Stanley, which has 15,000-plus financial advisers catering to the super-wealthy, is buying a discount broker known for its talking baby ads
Morgan Stanley is not the only firm increasingly relying on its wealth management arm to drive grow…
Rebecca Ungarino
Irdai levies Rs 3 cr penalty on Maruti Insurance Brokers
New Delhi, Dec 30 () Irdai has imposed a penalty of Rs 3 crore on Maruti lnsurance Brokers Pvt Limi…
PTI
Stock brokers see a record number of customer additions even as markets slump
Though our customer support on telephone is not working, the company is answering all client …
PTI
Millennial New Yorkers are ditching basements and roommates for luxury apartments at $1,000-plus discounts
Plunging rents have put luxury living within the budgets of young professional New Yorkers, who are…
Hillary Hoffower
Payment for order flow is compensation online brokers receive when third parties execute orders for them - here's how it affects you
Payment for order flow (PFOF) is the compensation online brokerages earn when third parties execute…
Rickie Houston, CEPF
Russell Investments' CEO wades into the broker war debate, saying that zero commissions could encourage over-trading
Credit Suisse analysts pointed out in a recent note that with commissions gone, other revenues less…