Zerodha may end zero brokerage model: CEO Kamath after SEBI's new fee rules

Zerodha will likely have to abandon its zero-brokerage structure and increase brokerage for F&O (futures and options) trades, CEO Nithin Kamath has said. The announcement came after SEBI said charges levied by market infrastructure institutions should be uniform and not based on volumes. "We were one of the last remaining brokers that offered free equity delivery trades," Kamath said.