Ok, so by stopping Liquidity Enhancement Scheme (LES), Mr Sundaraman, the new CEO is helping the bottom line, having realized that it is not having the desired impact.
BSE not being enabled on a brokers platforms is something very basic, and yes should be addressed. But what %age of brokers are we referring here, whats the %age increase in revenue due to this exercise, and will it make up for the lost revenue due to lapsing of the LES.
If LES incentive was not enough for these brokers to enable BSE on their platform, what else can BSE really do here?
Product differentiation like expiry date different from NSE, smaller lot sizes, etc… 5 years is what Mr Sundraman says, he will need to see any results!! Do we have any that long term investors here?
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