Question

    Discount Brokerage platform Sky offers brokerage services at ₹20 per trade for intraday and delivery transactions across segments & additionally  will offer Margin Trading Facility (MTF) at a rate of 12% per annum.Which financial services company has launched it?

    A Kotak Securities Correct Answer Incorrect Answer
    B HDFC Securities Correct Answer Incorrect Answer
    C Aditya Birla Finance Ltd. Correct Answer Incorrect Answer
    D IDFC First Bank Ltd. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    HDFC Sky is offering brokerage services at ₹20 per trade for intraday and delivery transactions across segments. Additionally, it will offer Margin Trading Facility (MTF) at a rate of 12% per annum. The app will provide access to a wide range of investment and trading offerings, including Indian stocks, ETFs, mutual funds, futures and options, currencies, commodities, IPOs, and global equities on a single Fintech platform.

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