Can brokers do Intraday trading in equity in cash segment?

[nithin]

If you get NBFC license, a pvt ltd company can do this, as long as the money is your own. If you really wanted to take that route, it is better to just become a member of stock exchange.

NSE Alpha Membership

Hi @nithin, NSE Alpha membership requires 25lkhs as deposit and I think 50 lakhs as net worth. If someone has a book size above 50lkhs does it make sense to apply for NSE alpha membership ? I guess, except for the brokerage, all other costs remain the same. So am I correct in assuming if the interest earned on 25 lakhs is less than the total brokerage paid, it is financially feasible to think of an Alpha membership ? 25lakhs will basically say earn 8%-9% annualized. So if someone is paying mor…