Zerodha, 5Paisa Capital, HDFC Sec become QSB: What are those? All you need to know

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Zerodha, 5Paisa Capital, HDFC Sec become QSB: What are those? All you need to know


The National Stock Exchange. (Photo credit: Wikimedia Commons)


A stockbroker will be classified as a QSB based on four factors: the number of active customers, the sum of all the clients’ available assets, trading volumes, and end-of-day margin commitments. 






News

  • The largest and oldest securities market in India is the Bombay Stock Exchange (BSE). Moreover, it is Asia’s first stock exchange.
  • Its beginnings may be traced back to the 1850s when roughly 20 stockbrokers got together in the streets of Bombay under banyan trees.
  • Businessman Premchand Roychand established the Bombay Stock Exchange, also known as the Native Share and Stock Dealers…

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