Stock brokers may have to pay more for risk cover - Business Standard

April 7th, 2009 by admin

Stock brokers may have to pay more for risk cover
Business Standard, India
Large brokerage houses, such as ICICIDirect, Sharekhan and Edelweiss, take a cover of Rs 20-30 crore for protection against the risks arising out of transactions. Edelweiss has the mandate of providing an insurance cover to more than 700 Bombay Stock …