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Is there anybody who truly represents the merchants/traders’ aspect in these items? Even Knowledge & different brokerages who had appealed in opposition to the lowered leverage factor did so to not assist the retailers, however as a result of it harm their enterprise mannequin, which is to supply 40-50x instances leverage. They know they’ll’t compete with the likes of Zerodha in issues like UI, and so forth.
And clearly, no dealer goes to protest in opposition to this lowered freeze restrict.
@nithin, it is because of issues like these why there’s a normal distrust wrt SEBI, brokerages and so forth among the many retail merchants, and doesn’t appear like it’s going anyplace quickly.
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