Entire industry moving towards zero broking model: Ashishkumar Chauhan, BSE
New Delhi: While the zero brokerage model is catching up fast in the retail equity broking industry, Ashishkumar Chauhan, head of one of the leading stock exchanges raised concerns on the sustainability of earnings for the industry.
“Entire broking is going towards zero brokerage model. The margin has collapsed close to zero in terms of trading,” Ashishkumar Chauhan, managing director and CEO of BSENSE 0.77 % on Saturday said addressing the audience at ANMI’s International Convention in Delhi.
Source: The Economic Times