“Within a few years the term discount broker will rarely be used, as it is in the West, where leading brokerage firms charge commissions on a per trade basis. They have limited brick and mortar presence. It will happen in India soon,” said Raghu Kumar, co-founder of Mumbai-based RKSV.

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Raghu Kumar

Raghu Kumar

Raghu loves trading, algorithms, and figuring out ways to beat the market. He enjoys workouts, naps, food, listening to Carnatic music, teaching his dogs (pug named Zenzi and Shih Tzu named Cactus) cool tricks, and spending time with family and friends.A list of his authored articles on NDTV Profit can be found at http://profit.ndtv.com/topic/rksv