Sebi asks broking community to enhance security firewalls to prevent cyber fraud

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Mumbai: Markets watchdog Sebi has asked the broking community to strengthen data/cybersecurity firewalls to secure their customers from cyber fraudsters and develop technologies to ease the process of investing in the markets. Addressing the Association of National Exchange Members of India (Anmi), Sebi executive director GP Garg on Friday urged brokers to draw the maximum…Continue Reading

Broking firms log record earnings on retail euphoria

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Mumbai: Indian broking firms posted record earnings in the September quarter as continued strength in the stock market drove trading volumes. Revenues of top listed brokerages and market infrastructure institutions grew 48% on an average in July-September, while their profits jumped 55% in the period from the same period a year ago. Motilal Oswal Financial…Continue Reading