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These concerns have become more justified after China’s stock market saw a boom-bust in the past few weeks, partly caused by wild margin trading, or trading stocks on borrowing. To avert risks, banks with broker licenses would still.
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Two well-known online discount brokers, Vanguard and Ally Invest. Ally Invest offers discounted stock and options trades ($3.95 and $0.50 per option, respectively) for investors who maintain a balance of at least $100,000 or make 30.
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Employees of one of China’s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading. foreign acquisition by a Chinese broker. Meanwhile, a staff.
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“To become a sub-broker for both BSE and NSE, they have to spend Rs 25,000 and we authorise them to have a live terminal. They have to pass exams like NCFM, which are not too difficult,” said another stock broker. Interestingly,
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Currently, clients issue a cheque in the name of the broker via. default will just become a paper term as securities will not be credited to the client account till money is paid. Experts say the BSE and the NSE (National Stock Exchange).
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THE proposal to raise the minimum share capital required for establishment of insurance broking business to N100 million under the amended Act (2003) now before, the National Assembly seems to be causing the brokers. of the Nigeria.
. have now got time till July 2017 to put in place the requisite mechanism for monitoring of clients’ funds handled by stock brokers, with markets regulator Sebi extending the deadline in this regard. In September, the markets regulator had.
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REUTERS – FXCM Inc, an online foreign exchange broker, said its systems were hacked and a "small. FXCM is the latest U.S. corporation to become a victim of a cybersecurity attack, adding to a list that includes Target Corp, Apple.
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The age of online stock brokers has made the world of high-risk, high-reward investing available to the broader public – for better or for worse.
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