Zerodha Makes Investment Advisory Certification Mandatory for Finfluencers Empowering Businesses to Navigate Financial Compliance Zerodha Broking Ltd has set a new standard for Authorized Persons (APs) by requiring them to clear the first level of the investment advisory certification, NISM Series X-A. This certification is aimed at candidates aspiring to become Registered Investment Advisors (RIAs). Key Certification Requirements NISM Series X-A: The first level of certification that APs must clear. NISM Series X-B: The second […]

SEBI’s Proposal for Stockbrokers to Trade in Government Securities The Securities and Exchange Board of India (SEBI) has announced a significant development aimed at enhancing retail participation in government securities (G-Secs) trading. Introduction to NDS-OM What is NDS-OM? NDS-OM: Screen-based electronic anonymous order matching system. Introduced by: The Reserve Bank of India (RBI) in 2005. Maintained by: The Clearing Corporation of India (CCIL). Purpose: Designed exclusively for secondary market trading in G-Secs. SEBI’s Proposal for […]

SEBI’s Regulatory Revisions: Balancing Constraints with Advancements The Securities and Exchange Board of India (SEBI) recently unveiled a series of regulatory reforms, aimed at enhancing the governance of both primary and secondary markets. These changes reflect a shift towards a more investor-friendly environment by tightening specific restrictions while easing others. Here, we examine the key amendments that underscore SEBI’s commitment to advancing market integrity and accessibility. Expanded Definition of ‘Connected Person’ In a move to […]

Indian Stock Market: Key Overnight Changes Impacting Market Dynamics The Indian stock market indices, Sensex and Nifty 50, are anticipated to open on a lower note this Thursday. This expectation is driven by mixed global market signals and escalating geopolitical tensions between Iran and Israel. Key Developments Impacting the Market 1. Asian Market Performance Japan: Nikkei 225 rose by 2.57%; Topix increased by 2%. Hong Kong: Hang Seng index futures suggest a slightly lower opening. […]

SEBI’s New Asset Class: Addressing Risk Appetite in Derivatives Trading Introduction The Securities and Exchange Board of India (SEBI) has implemented a series of strategic measures designed to curb speculative trading in the futures and options (F&O) market. These policy adjustments aim to foster a more stable and informed trading environment. Below, we detail SEBI’s key interventions and the implications for various stakeholders. Key Measures Introduced by SEBI Tripling of Contract Sizes Contract Size Increase: […]