Explained: Sebi order on MII charges; Impact on stock brokers, investors

Q: How long will it take to read this news story?

The story "Explained: Sebi order on MII charges; Impact on stock brokers, investors" has 900 words across 35 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Explained: Sebi order on MII charges; Impact on stock brokers, investors" was covered 2 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 119 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21477722</li><li>URL: https://beamstart.com/news/explained-sebi-order-on-mii-17200691561171</li></ul>

Business Standard Logo Business Standard 2d ago

Explained: Sebi order on MII charges; Impact on stock brokers, investors - Business Standard

Quick Summary:

With the regulator instructing the MIIs to ‘Levy charges True to the Label’, the brokers will not have any incentive to generate huge turnovers and the market making activity will be adversely impacted, Sharma added.Yes.

Here’s a case study between the National Stock Exchange fee structure and charges collected by the stock brokers on behalf of the stock exchange basis on the equity options turnover from the end client.

Post implementation of the new structure, stock brokers and other members will have to pass on the entire amount collected as fess in lieu of MIIs charges to the latter, thus ruling out any undue gains in the process.