Who are the largest brokerage firms in India?

There are mainly 2 types of order management systems: Sequential OMS and Parallel OMS.

99% of Indian brokerages use Sequential OMS, but TD Bank or Morgan Stanley uses a Parallel OMS system (you can read about all that in their 10K, I am not going into details) and Dhan did it here, I don’t know if there’s another Indian brokerage who does Parallel processing.

Since Dhan doesn’t have any legacy issues, they are going for the best set of tech.

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