Zerodha retains free equity delivery despite potential 10% revenue hit from October 1 exchange changes.

Zerodha, an Indian online brokerage, will maintain free equity delivery and not raise brokerage fees despite recent changes to exchange transaction charges and securities transaction tax (STT) effective October 1. Co-founder Nithin Kamath noted these changes could reduce broker revenues by 10%. STT for options increased to 0.1%, while futures rose to 0.02%, prompting potential adjustments in pricing models across the industry.

October 01, 2024
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