India's SEBI says charges levied by market institutions should be uniform

Reuters

1 July 2024 at 9:09 am·1-min read

FILE PHOTO: A bird flies past the new logo of the Securities and Exchange Board of India (SEBI) at its headquarters in Mumbai

BENGALURU (Reuters) - India's market regulator said on Monday charges levied by market infrastructure institutions such as stock exchanges, clearing corporations and depositories should be uniform and not based on volumes.

Exchanges often charge a lower fee to brokers if they generate high volumes, contributing to a surge in trading across segments like derivatives.

Asking exchanges to stop this practice is part of a wider set of measures being discussed by the Securities and Exchange Board of India to curb the frenzy in India's derivative markets.

(Reporting by Chris Thomas, Ira Dugal; Editing by Saumyadeb Chakrabarty)

The Smart Investor
Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain?
The share prices of these five blue-chip stocks are touching a year-low. Could they be worth your attention? The post Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain? appeared first on The Smart Investor.
MoneySmart
Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of... The post Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
Fortune
Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
The Smart Investor
4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?
These four stocks are hitting their 52-week highs but should they be included in your investment portfolio? The post 4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio? appeared first on The Smart Investor.
Barrons.com
Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
INSIDER
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
Benzinga
Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: 'Don't Pay For The Other Fellow's Fraud'
Just months before his passing at the ripe old age of 99, Charlie Munger, the ever-sharp vice chairman of Berkshire Hathaway, shared some valuable insights with the public. During the 2023 Daily Journal shareholder meeting, Munger responded to a question from CNBC's Becky Quick about the trend of large companies, including Meta, opting for self-insurance against various liabilities. Quickly inquired about the potential systemic issues this trend could cause and sought Munger's thoughts. Don't Mi
Simply Wall St.
Avoid Metro Holdings On SGX And Explore This One Attractive Dividend Stock Instead
Dividend-paying stocks are often sought after for their potential to provide a steady income stream. However, it's crucial to examine the sustainability of these dividends. Companies like Metro Holdings, with high payout ratios, may indicate that their dividends could be at risk, making them less attractive for long-term investment stability.
CNN Business
The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations.
The Smart Investor
Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist
Due to unfavourable foreign exchange conversions, economic slowdowns, and home bias, investors prefer to invest in Singapore REITs that generate most or all of their income locally. Here are five to consider for your portfolio. The post Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist appeared first on The Smart Investor.
Yahoo Finance
Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%
Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.
Insider Monkey
Why Is PayPal Holdings, Inc. (PYPL) the Best Undervalued Stock to Buy Now?
We recently compiled a list of the 10 Best Undervalued Stocks To Buy Now. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against the other undervalued stocks. Demographic Shifts and AI Innovation: A Bullish Case For the US Market In the prior couple of years, experts […]
Yahoo Finance
Stock market today: US stocks tread water after S&P 500's record close
Investors looked to fresh economic data for pointers on rate cuts as they got set for the July 4th closure.
CoinDesk
Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket
Supporters are calling on the vice president to step up following boss Biden's doddering debate debacle.
Simply Wall St.
Singapore SGX Showcases Three Key Dividend Stocks
As global markets navigate through varying economic climates, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and consistent returns. In this context, dividend stocks often emerge as attractive options due to their potential to provide steady income streams. In light of current market conditions, a good dividend stock typically features robust fundamentals and a history of resilient performance across economic cycles, aligning well with the needs of...
WSJ
Chinese Imports Are Rising Again. Here’s What It Means for U.S. Jobs
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s what’s changed and what it means for American jobs.
Insider Monkey
Here’s Why Billionaire Leon Cooperman Loves Sea Limited (NYSE:SE)
We recently published a list of the 10 Best Stock Picks of Billionaire Leon Cooperman in 2024. Since Sea Limited (NYSE:SE) ranks 10th on the list, it deserves a deeper look. Billionaire Leon Cooperman predicted in April that the US is headed for a financial crisis. Cooperman said that the Federal Reserve kept interest rates near zero, but […]
Barrons.com
12 Stocks to Buy Before the Fed Cuts Rates
The next move is almost certainly lower, which should benefit dividend payers, home builders, and auto makers.
CoinDesk
Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows
Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.
Barrons.com
Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders.
Now isn’t the time to buy home builder stocks, says a Citi analyst who downgraded shares of Lennar and D.R. Horton on Tuesday. Anthony Pettinari moved his ratings on shares of Lennar and D.R. Horton to Neutral from Buy. The analyst wrote in a research note that these downgrades reflect a “slowing housing market.”

Latest stories