General Trading Chat

[timepass]

Looks like every weekend brings some cheer to Jet Airways.

Indian Oil Corporation stops fuel supply to Jet Airways

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

 

[sumosanammain]

Yes.I am up for meeting. Please let me know the date and time.

Sunday Late morning, lets see if anyone else is up for meeting up?

 

[timepass]

Heard this news a few days ago. Looks like discount broking industry is getting a boost

Paytm Money gets nod for stock broking services




Read more at:
http://economictimes.indiatimes.comhttps://economictimes.indiatimes.com/markets/stocks/news/paytm-money-gets-nod-for-stock-broking-services/printarticle/68702933.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst


Maybe all the wallet services will get into this game sooner or later. In a few years we may see Jio entering the discount broking business

 

[Newbie Day-Trader]

Heard this news a few days ago. Looks like discount broking industry is getting a boost

Paytm Money gets nod for stock broking services




Read more at:
http://economictimes.indiatimes.comhttps://economictimes.indiatimes.com/markets/stocks/news/paytm-money-gets-nod-for-stock-broking-services/printarticle/68702933.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst


Maybe all the wallet services will get into this game sooner or later. In a few years we may see Jio entering the discount broking business

As far as brokerage is concerned, it's already way down & there's a lot of competition at Rs.20 & below; not to mention, Finvasia & Wisdom are even offering completely free trading. On the other hand, Jio's main USP as a phone network provider was their low-cost unlimited plans, so I'm wondering what you think Jio will have to offer in this kind of a market, given that you seem excited at the prospect of Jio entering the broking industry.

 

[siddhant4u]

Whats the revenue model for low cost or free brokers? My thinking is that they are in the game hoping for consolidation and some big fish will buy/merge them and the initial investors could pocket fat check

 

[timepass]

Not "excited" at the thought of Jio entering this market, just wondering. Jio is going into a lot of retail businesses. Just a matter of time before they add this segment too.

As for the revenue model, now we find that they probably have more ways of making money than just brokerage charges. The clearing charges, and most probably they get some kickback from the exchanges based on their turnover. Also, the technology must be getting cheaper.

 

[soft_trader]

Not "excited" at the thought of Jio entering this market, just wondering. Jio is going into a lot of retail businesses. Just a matter of time before they add this segment too.

As for the revenue model, now we find that they probably have more ways of making money than just brokerage charges. The clearing charges, and most probably they get some kickback from the exchanges based on their turnover. Also, the technology must be getting cheaper.

maybe USP of jio broking would be world class trading platform, at par with international brokers like thinkorswim, charles schwab

 

[sumosanammain]

Sunday Late morning, lets see if anyone else is up for meeting up?

Looks like no one is interested, so dropping the idea.

 

[Happy_Singh]

Not "excited" at the thought of Jio entering this market, just wondering. Jio is going into a lot of retail businesses. Just a matter of time before they add this segment too.

As for the revenue model, now we find that they probably have more ways of making money than just brokerage charges. The clearing charges, and most probably they get some kickback from the exchanges based on their turnover. Also, the technology must be getting cheaper.

Prop trading against the client position . . . .


Free brokerage Plus they can give back 25/50% of your losses, which anyway they would have pocketed

Happy

 

[vivektrader]

Prop trading against the client position . . . .


Free brokerage Plus they can give back 25/50% of your losses, which anyway they would have pocketed

Happy

Happy
can you help me in editing a pinescript I have, small correction in code required.
You have disabled your PM, no way to contact you, so posting here.
Thanks