Stock Broker - Interesting statistics

Some time back, i had written about how to chose a stock broker at

How to Choose a Stock Broker ?

Here are some interesting statistics that i came across a news item which is relevant to choosing a stock broker.

Motilal tops cos with max trading terminals. Indiabulls Securities Has Most Trading Accounts; Geojit Ranked Top Commodity Broking Co.


MOTILAL Oswal Securities tops the list of leading brokerages with most number of trading terminals at 7,923 while Indiabulls Securities heads the list of firms with the most number of trading accounts at 2.38 lakh, according to a report put out by business information provider Dun & Bradstreet.

Angel Broking, Kotak Securities and SMC Global Securities bagged the second, third and fourth spot in terms of number of trading terminals while Reliance Money, Bonanza Portfolio and Angel Broking (in that order) are among the top brokerages with most number of trading accounts, the D&B India’s ‘Leading Equity Broking Houses 2008’ report stated.

Equity broking firms which reported significant rise in their trading terminals during the first 10 months of 2007 included Motilal Oswal, Reliance Money and Master Capital. Firms with significant increase in the branches or offices during the first 10 months of 2007 included Bonanza Portfolio, Arcadia, Master Capital, Khandwala Integrated and Reliance Money. Geojit Commodities, Karvy Comtrade and Angel Commodities (in that order) have been ranked “top-three” commodity brokerages in terms of number of terminals.

The 193 equity broking firms included in the study have reported a total of 90,531 trading terminals, which account for about 90% of the equity trading terminals in the country. 118 equity broking firms reported a total of 40,971 sub-brokers, and 171 equity broking houses that provided information on the branches and offices reported 11,648 branches or offices spread across the country. The number of employees reported by the 186 equity broking houses stood at 63,549. A majority of the 193 broking firms, about 80%, featured in D&B report entered the business in the decade following the 1990s.