Low cost mannequin the brand new mantra for broking corporations to achieve market share

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Discount model the new mantra for broking firms to gain market share


Kotak Securities (KSL), a full-service dealer, on Thursday introduced the launch of its Commerce-Free Plan, with zero brokerage on intraday trades and Rs 20 per order for all different F&O trades

Subjects
Brokerages | stockbroker | Brokers

The hunt to achieve market share and purchase extra prospects is pushing full-service brokers to slash brokerage and undertake a reduction broking mannequin. Kotak Securities (KSL), a full-service dealer, on Thursday introduced the launch of its Commerce-Free Plan, with zero brokerage on intraday trades and Rs 20 per order for all different futures and choices (F&O) trades throughout fairness, commodity, and forex segments.

The providing will assist KSL enhance its market share within the F&O phase. KSL will not be alone. In September, one other full-service dealer Sharekhan had ventured into the low cost broking …




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First Printed: Solar, November 22 2020. 20:41 IST

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