Securities and Exchange Board of India Chairman Tuhin Kanta Pandey, SEBI Whole Time Member Kamlesh Chandra Varshney, NSDL Managing Director and CEO Vijay Chandok, and others in a group picture during the launch event of ‘Proxy Advisory Recommendations’ on Investor App, in Mumbai on Monday | Photo Credit: ANI The Securities and Exchange Board of
A Maharashtra resident, identified as Sanjay M Chavan, has been apprehended for allegedly defrauding a Goa individual out of Rs 2.45 crore. According to police sources, Mr. Chavan deceived the victim by promising lucrative returns in the stock market. The incident unfolded as Chavan posed as an expert stock broker and persuaded the victim,
Shares of IndusInd Bank are likely to stay under pressure after the private lender released a weaker-than-expected business update for the June quarter, raising fresh concerns around slowing loan growth and softening deposit traction. Sharp decline in corporate loans and deposits weighs on performance, while brokerages remain divided on stock outlook amid leadership uncertainty. The
Zerodha, one of India’s largest stockbrokers, has become the first to integrate MCP with Claude AI, a large language model (LLM) built by Anthropic. With a few simple technical steps, users can now prompt the AI assistant to access and analyse their portfolio, delivering insights in plain English. Want to know your portfolio’s Sharpe ratio,
In the latest of an occasional feature, Karl Lanham of King’s Lynn firm Complete Commercial Finance discusses the importance of commercial brokers… It’s been an unpredictable first six months of 2025 with labour costs, US tariffs and economic uncertainty affecting business confidence. Despite these challenges, UK Finance reported a boost in high street bank lending
The Securities & Exchange Board of India’s (SEBI) Wednesday order of banning quantitative trading platform Jane Street, which holds dominance over India’s derivatives trades, will hit the volumes at exchanges and brokers. Experts also cautioned that if there is a second-order impact of the same on other high frequency traders (HFTs), it would create a
Tokenization platform Ondo Finance said it agreed to buy Oasis Pro, a regulated brokerage platform, laying the groundwork for rolling out tokenized stocks in the coming months. The acquisition, whose price was not disclosed, would give Ondo a bundle of U.S. securities licenses: a broker-dealer, Alternative Trading System (ATS) and transfer agent regulated by the
Shares of Finance sector company Interactive Brokers moved -0.0% today, and are now trading at a price of $58.2. The Large-Cap stock’s daily volume was 594,818 compared to its average volume of 6,689,886. The S&P 500 index returned a 1.0% performance. Interactive Brokers Group, Inc. operates as an automated electronic broker in the United States
Interactive Brokers Group, Inc. IBKR reported a rise in its client Daily Average Revenue Trades (DARTs) on a year-over-year basis for June 2025. In light of this, shares of the company rose 3.4% in yesterday’s trading session. Total client DARTs for June were 3,448,000, representing a 39.7% increase from June 2024. This was primarily driven by
One Mobikwik Systems Ltd on Thursday announced that its wholly owned subsidiary, MobiKwik Securities Broking Pvt Ltd (MSBPL), has received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a stock broker and clearing member. In a regulatory filing, the company informed that the certificate of registration was issued by