Thursday, 19 February 2015

Brokerage firms are offering attractive offers to increase volume

Increasing investor participation in the stock markets and brokerage firms to take advantage of the positive investment sentiment towards its attractive offers to attract investors are looking at the macro level. Account opening fee discount brokerage firms other than as ordinary offers zero brokerage Plan and certain one-time fee for a certain period of the number of deals or offers are trying to attract investors by giving. According to current regulations, any broker brokerage 2.5 percent of the total value of the transaction cannot be charged more. Largest brokerage firms in the country are currently charges brokerage from 0.40 to 0.75 percent, from 0.25 percent, while the brokerage house 0:10 to 0:15 per cent of small brokerage offers investors are also based delivery deals. The small brokerage house on intra-day cash transactions fees are 0.04 to 0.12 percent, 0.01 percent, while the larger size of the deal also offer brokerage fees that the companies give investors. Obviously the level of competition in the market is quite high.

Derivatives segment from 0.03 to 0.05 percent of the transaction value and great deals being offered on the brokerage fee is 0.01 percent. Motilal Oswal country's leading brokerage firm that deals based delivery currently 0.5 percent, 0.05 percent on intra-day and derivatives contracts takes brokerage. The record boom in stock markets between the conditions offered by brokerage firms’ advantage of the offers and schemes to get them as income growth. October-December 2014 quarter, the stock market of almost all major companies listed brokerage related income from October to December 2013 compared to the quarter grew strongly. Motilal Oswal Financial where 56 per cent of the income recorded at Rs 118.08 crore, while 85.4 per cent of Edelweiss 159.67 crore, 57.2 per cent to Rs 33.43 crore of JM Financial, IIFL holding 21.21 per cent to Rs 98.83 and Geojit BNP Paribas 58.73 per cent to Rs 33.81 crore of revenue is recorded.

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