Stocks

New norm may bite traditional brokers

| Updated on January 01, 2020 Published on January 01, 2020

 

Shares of broking firms will remain in focus, as analysts study how the new norm on margin will impact their business. Beginning January 1 traders have to pay additional VaR and extreme loss margin to buy/sell shares even in the cash segment. These margins add up to between 15 and 40 per cent of the total value of trade. The new norm is advantage new-age discount brokers such as Zerodha, I-Sec, and 5paisa over traditional brokers, marketmen say.

Published on January 01, 2020
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