SEC to allow brokers to extend credit up to Rs. 2 million ?

duke

duke

Senior Manager - Equity Analytics

Posts : 552
Join date : 2011-03-14

rijayasooriya wrote:

sanjeewa88 wrote:One of brokers said two of top class brokering firms stand up to avoid these credit limits.

They are maintaining HNWIs' accounts.

We will see how the democracy works here.

Yes. There're broker huts on every handiya and bokkuwa.

rijayasooriya

rijayasooriya

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Join date : 2011-05-25

duke wrote:

rijayasooriya wrote:

sanjeewa88 wrote:One of brokers said two of top class brokering firms stand up to avoid these credit limits.

They are maintaining HNWIs' accounts.

We will see how the democracy works here.

Yes. There're broker huts on every handiya and bokkuwa.

Is there any broker company without a proper approval?

Some people think broker firms with lot of HNWIs have all the power to regulate the market.Some are anxiously waiting for market to get crashed so they can do bargain hunting.

duke

duke

Senior Manager - Equity Analytics

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Can anybody tell me if there was a rule change SEC directive in this T+5 thing, when it happened? Specific date?

Soundchips

Soundchips

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when ever there is limited room for credit T5 is not applicable... they can hold for some times , that helps market recover..

rukaa

rukaa

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anything new............?

laksharemk

laksharemk

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Turnover already over 1B, seems people have enough cash to buy given that overall market sentiment is good Very Happy

(of cause people by expecting a favorable news from SEC).

Soundchips

Soundchips

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Market respond positively expecting relaxations. .... hope the authorities would understand the expectations of general public and the investors ...

Aamiable

Aamiable

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Are they going to check the portfolio…..? Percentage value of blue chips etc…. Question

JennyFunny

JennyFunny

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Good point aamiable..probably will..i guess

Aamiable

Aamiable

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Regulatory authorities always look in to discipline. .....Unregulated growth would not sustain. ....If there is guarantee that investors can at least recover and gain more than from a bank interest new investments would come to the CSE........ There again investors can expect a favorable decision,..... obviously, SEC need greeter discipline to see a sustainable growth in CSE.

I always stick to fundamentals and corporate earnings, quarterly financials annual reports etc....... That seems to be the best option and safer option.

Smile

gajaman pro

gajaman pro

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decision will be given this evening? lets hope its favorable.

Soundchips

Soundchips

Senior Manager - Equity Analytics

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market picking up again.......I think, these decisions need time and further monitoring. Broker firms also have to demonstrate how they are going to implement in order to achieve a real growth in the stock market. ......When they are satisfied with conditions decision would come. They have mentioned they are looking at some of these issues favorably. .......They might not agree to every thing, some relaxation is adequate......

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SEC to allow brokers to extend credit up to Rs. 2 million ?

26 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 8:48 am

duke

27 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 9:05 am

rijayasooriya

28 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 9:44 am

duke

29 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 9:54 am

Soundchips

30 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 10:44 am

rukaa

31 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 10:48 am

laksharemk

32 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 10:49 am

Soundchips

33 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 12:11 pm

Aamiable

34 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Wed Aug 10, 2011 7:59 pm

JennyFunny

35 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Thu Aug 11, 2011 6:01 am

Aamiable

36 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Thu Aug 11, 2011 9:49 am

gajaman pro

37 Re: SEC to allow brokers to extend credit up to Rs. 2 million ? Thu Aug 11, 2011 10:54 am

Soundchips

38 Re: SEC to allow brokers to extend credit up to Rs. 2 million ?

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