SEBI's new rule will change the entire system of the stock market, know the whole matter – News India Live

If you also trade in the stock market, then this information is related to your business. After the new rule of SEBI, the era of cumin bells of demat accounts will end. Now SEBI has made a new rule. According to this, the broker will now be able to charge only fees from the customer. Which is offered in exchange for exchanges, clearing houses and depositories. According to the new rule, stock broking companies have been affected a lot. SEBI told the brokers in its circular that the fees they are charging should be real.

Higher the turnover, lower will be the transaction fee

According to the information, zero brokerage may have to be abolished due to SEBI's new rule on private broking. After this circular of SEBI, the shares of listed stock broking companies saw a decline. It has been claimed that stock exchange brokers charge transaction fees based on total turnover. The higher the turnover, the lower the transaction fee.

Free equity delivery trades may be discontinued

The difference between the fees charged by the broker to the client and the fees received by the exchange broker at the end of the month is the broker's income. According to information, this type of commission is common in major markets around the world. According to the new rules, SEBI is also collecting the same amount from the exchange broker. Earlier, a part of the fee charged by the exchange was returned to the broker. After this ends, free equity delivery trades may have to be stopped or trade fees may have to be increased.

There will be a direct impact on the earnings of brokers

According to reports, SEBI is making some changes. This will have a direct impact on the earnings of stock market tips brokers. Now instead of charging regular fees, the broker will charge a fixed fee every month and return some amount from the trade account. This change in brokerage fees may reduce the earnings on the facility of keeping shares for free. SEBI's focus is to ensure that all market-related institutions charge the same fee. This will make everything clean.