India’s stock brokers are preparing for tougher times as the Securities and Exchange Board of India proposed stricter norms for equity derivatives. This is expected to hit profitability for discount brokers such as Zerodha, Groww, and AngelOne. BSE rose by 6%, while NSE’s unlisted shares declined 10-12%. High impact expected for Zerodha, Angel One, and Paytm Money.
Sebi accuses Jane Street of dilatory tactics at SAT, says ‘investigator is being investigated’
Securities and Exchange Board of India has expressed concerns about Jane Street’s approach to the investigation. The regulator provided over 10 GB of documents but