Recently, BSE has changed their trading fees to Rs. 1.5 per active order. It has become a lot cheaper for us to trade shares on BSE. I would appreciate it if Nithin throws light as to why people prefer not trading on BSE. Liquidity may be an issue but if people start moving to BSE that won’t be an issue anymore. We can take the example of BSE’s currency segment. They started from zero and now they have a substantial market share. Zerodha should raise awareness on the cost savings for traders on BSE.
Brokers are paid by the exchanges to make you trade with them. When BSE charges less, they are going to pay less to the brokers.
No broker will be happy to let you trade on a cheaper exchange.