Natixis Advisors LLC increased its stake in shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR – Free Report) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,203 shares of the financial services provider’s stock after purchasing an additional 2,369 shares during
SUMMARY Currently, stock brokers are mandated to obtain a no objection certificate (NOC) from SEBI to operate from GIFT-IFSC In its consultation paper, SEBI has proposed scrapping the NOC requirement and allowing stock brokers to conduct securities market related activities under a separate business unit (SBU) However, stock brokers must ensure that activities of SBU
New Delhi, Mar 21 (PTI) Markets regulator Sebi on Friday proposed to abolish the requirement for stock brokers to seek its approval for floating a subsidiary or joint venture to undertake securities market-related activities in Gujarat International Finance Tec-city – International Financial Services Centre (GIFT-IFSC). Moreover, stock brokers proposing to undertake securities market related activities
(Bloomberg) — Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the matter. Investors are buying so-called subrogation claims, obtaining an insurer’s right to compensation from a utility if it’s found liable for
By Jessica White, Wealth Wise Report In the labyrinthine world of UK investments, where fintech startups jostle for supremacy in everything from crypto to property crowdfunding, a new player is quietly rewriting the rules of an altogether different game: art. The London Art Exchange (LAE), a Soho-based gallery with a digital heartbeat, is emerging as
Interactive Brokers Ratings at a Glance In today’s competitive market, understanding a business’s features and services helps attract and keep customers. Features highlight the specific attributes and functionalities of a product or service. They show its capabilities and quality. Services involve support like customer service, warranties and after-sales help. These elements improve the overall user
Stockbroking in India has become one of the most vital aspects of effortless trading. However, the stock market includes numerous financial instruments with different structures and functions. As a result, the stockbroking business also includes numerous roles to assist investors looking to invest in different financial instruments. Two such important roles are Authorised Partners and
The stock market brings stars to the eyes of many young individuals, as it allows one to grow wealth exponentially and leverage small investments for significant gains. All one needs to do, in principle, is make the right investments and trade at the right time. However, making the right investment decision is one of the
A sub-broker (currently known as Authorised Partner) is a promising independent venture for all those interested in the finance sector. Being a sub-broker actually means you’re collaborating with a well-established brokerage firm that lets you offer trading services to clients using their brand, platform, and support. This career allows one to create his or her
The emergence and rapid development of the stock market have created numerous opportunities in the industry for investors to make money. Owing to these numerous profit-making opportunities, the Indian stock market is witnessing unprecedented demand derived from the opening of record-breaking Demat accounts. From Stock exchanges to brokers, technological advancements have enabled certain processes to