Comment on Intraday leverages reduced across the board

Nithin Kamath commented on 05 Jan 2020, 08:12 PM

We have the largest community of retail traders, we will probably be the most affected brokerage in terms of revenue. But if you go through the explanation above, there is no real way to oppose it, is it? Also once it is put out as a rule, the penalty for breaking rules for brokerage firms is quite high. Us discussing it openly is atleast getting all brokers to put an effort to see if the rule can be changed. Keeping quiet isn’t a solution, it would eventually end up being stopped without anyone getting a chance to protest.

This is what I have explained in the tradingqna link I have shared.

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