Comment on The race to Zero – Can the Indian brokerage industry survive?
commented on
06 Oct 2019, 02:30 PM
Really well explained the boosters to the USA brokerage industry, as below:
1. Float income
2. Income from order flow for the HFTs
3. Securities lending etc.
I hope it happens in India sooner. And when it does, there will be a real cut throat competition in between the brokerage firms, in terms of real zero brokerage for all types of trading and even rebates for frequent traders.
Very good article, must read.
👍👍😇🙏🏻