{
Groww

Companies

}
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001122334455554433221100

Brokerages introduce features to enhance responsible derivatives trading practices

Broking firms Groww and Samco Securities have launched innovative features to encourage responsible derivatives trading among retail investors, complemented by educational initiatives to boost financial literacy. In response, markets regulator Sebi has tightened equity derivatives trading norms, limiting weekly options contracts to one per exchange and increasing the minimum trading amount to Rs 15-20 lakh. Additional measures include enhanced monitoring of position limits, upfront collection of option premiums, and increased tail risk coverage.
Moneycontrol
Groww Samco Securities Ltd. Axis Securities Ltd. IND Show more
Finance & Economy, Market Report
08:40 01.12.2024

cred subsidiary spenny applies for stock broking licence to compete with rivals

Kunal Shah's Cred is expanding its financial services by applying for a stock broking license through its subsidiary, Spenny. This move follows Cred's acquisition of a micro-savings and investment platform and aims to compete in the crowded stock broking market dominated by Zerodha and Groww.
Moneycontrol
Cred Zerodha Groww Angel One Limited IND Y Combinator Kunal Shah Show more
Finance & Economy, News Article
08:16 15.11.2024
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