India’s listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favorable base effect. Increased market volatility, strong commodity trading, and elevated VIX levels also boosted volumes. Brokers are diversifying income streams beyond core broking, evolving into ‘pseudo-NBFCs’ with offerings like wealth management and insurance.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq