Brokers, SEs face tougher futures and options as Sebi bids to curb F&O frenzy

Brokers, SEs face tougher futures and options as Sebi bids to curb F&O frenzy

India’s stock brokers are gearing up for challenging times ahead as the likelihood of stricter norms in equity derivatives is expected to aggravate the industry’s woes already weighed down by a slew of regulatory tightening measures and higher taxes on options trading. Broking officials and analysts said the profitability of these firms, especially discount brokers … Read more