Tuesday, December 15, 2020

Ken Research is a global aggregator & renowned publisher of the market intelligence, and also economy & equity reports. We offer an updated market research reports on online financial brokerages that includes discount financial brokerage firms, full service financial brokerage firms and hybrid firms. Online financial brokerage organization’s alternate sources of revenues comprise from advice, ancillary businesses, fees charged customers other than trade commissions, and from other revenues. Direct access online financial brokerage firms provide software based direct access to liquidity pools that often resulting in economical & fast trades. In response, online brokerage organizations are going about delivering advice through four methods: online, through advisor referrals, on the telephone & in branches, and by way of acquisitions. Moreover, online brokerage organizations have swept money market balances into their bank divisions for improving incomes on cash balances by advancing the money out rather than charging a couple of basis points.

Some of the Financial Brokerage Market Major Players include various full service brokerages, discount brokerages and hybrid brokerages. Full service brokerage players are HDFC Securities, Kotak Securities, SMC Global Securities, Nirmal Bang, Geojit Financial Services, Reliance Securities, Motilal Oswal, ICICI Securities, ShareKhan, and IIFL Securities. Discount brokerage players are Prostocks, Zerodha, SAMCO, 5Paisa, Wisdom Capital, R K Global, Upstox and Interactive Brokers. Additionally, hybrid brokerage players are Axis Direct, Angel Broking, Swastika Investmart (TradingBells), Edelweiss and MasterTrust. These key players are competing on the basis of pricing, online network, services offered, quality of advisory & research services offered as well as trading platforms etc.

Based on type of trading activity, financial brokerage market is segregated as commodities, equity and currencies. Equity segment holds major share in global market owing to high liquidity level, rise in number of IPOs in the country and increase in investment by asset managers of Mutual Funds. Based on entity, market is segregated as dealers and brokers. Based on time of delivery, market is segregated as intraday based delivery and delivery based. In addition, based on type of commodities, market is segregated as sugar, coffee, canola, agriculture, power, metals & grains, non-agriculture, cotton, FCOJ, gas cocoa and others.

The growth of Online Financial Brokerage Market is expected to be led by surge in implementation of new technologies, growth in trading volume through improvement in investor participation and collaboration between financial services banks, firms, and fin-tech companies. The competitive landscape over the industry further distinguished by highly fragmented market structure with key brokerage firms competing majorly based on service portfolio, service quality, and transaction charges, firm’s reputation and online trading support for the retail clients.

It is predicted that future predictions for online financial brokerage industry will be bright as a result of rise in online financial services activity & parallel need for in person advice, growth in mergers & acquisitions activity in online brokerage and increase in dominance of the web in online brokerage transactions and rise in usage of internet, personal computer, internet and broadband during the forecast period.

For More Information, refer to below link:-

Financial Brokerage Market Growth Rate

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