Zerodha to stop sharing brokerage revenue for demat account opening through referrals
India’s leading broker Zerodha said it has stopped sharing brokerage revenue for referrals following an NSE circular preventing such a move. A recent NSE circular has disallowed sharing brokerage income for referrals to prevent trade inducement. “To comply, we have stopped sharing brokerage revenue for referrals effective August 25, 2024. We will continue awarding 300 … Read more
