Quote on STT Hike Impact on F&O by Shrey Jain, CEO, Stocko by InCred Money
Below the Quote on STT Hike Impact on F&O by Shrey Jain, CEO, Stocko by InCred Money
“The increase in STT announced in the budget and becoming effective from April 1 did come as a surprise to some market participants. Hike will impact retail and high-frequency traders as their transaction cost will go up substantially. Transaction cost changes may influence certain trading strategies at the margin; the broader participation trend remains intact.”
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