Brokerage firms – ALPHA AFFAIRS

A move which seems bad for both retailer and broker in its first look!!! But devil lies in details. Its a move which will help everyone

SEBI aim is to check rampant usage of margin money paid by one client for another. The whole exercise looks to protect retail investors and in my view its a very good move for long term. This move i believe will limit the number of people leaving markets forever with losses as it may reduce the risk a retail investor can take with his money.

Brokers need to get this point that in long term their operations become efficient and their survival improves because investors will increase.

Retail investor has to understand that limiting margin will help them to take calculated risks and improve their chances of profit

BOGUS people will be filtered out. That’s the expected bonus

Retail investors and SEBI
Brokers and SEBI — Source : Hindu Business Line

In case you have any questions/ queries, please feel free to reach me through Contact Form

Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.

Enjoy the day and your life. Don’t forget, we are alone in this grand universe and may not get a chance to live again.

If you have a Demat account with Karvy Stock Broking, you should immediately do two things before understanding in details what’s happening

Step 1: In case of idle fund, Transfer the amount in Karvy Demat account to your bank immediately

Step 2: In case of any underlying securities in Karvy account.

Open a Demat account with another broking firm and apply for transfer of securities. May be slow long process but one of the best things to do.

Then go to the below links to understand what’s happening and take further action

Karvy (BT)

Karvy (Mint)

In case you have any questions/ queries, please feel free to reach me through Contact Form

Do spread the word among your peers, family members or anyone who can benefit from this blog and asked them to subscribe. But be selfish and take care of yourself first by subscribing before they do.