Brokers seek time to prepare for same day settlement
[ad_1] At a meeting last week, close to 10 qualified stock brokers (QSBs) requested that market regulator Sebi extend the 1 May deadline for offering a same-day settlement option to any of their clients desirous of such a cycle. As most top brokers are operationally unprepared for such a cycle, Sebi could extend the deadline…
