As more and more firms latch on to a robo-adviser, one study says two more big players could be next: State Street and Invesco. Silver Lane Advisors, a merger and acquisition consultancy firm to the financial services industry, released a …
Capital market regulator Sebi is reviewing the impact on the stock market turnover from a possible scrapping of securities transaction tax (STT), which is levied on all sale and purchase in the equity market. Capital market regulator SEBI is …
Investors have just been given one more trading instrument meant to track a less-followed investment class. State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors has launched a new ETF to track …
As such, the gains arising from sale of shares will be treated as long-term capital gains and will be eligible for tax exemption under Section 10(38), provided they are sold through a recognised stock exchange and the securities …
Reuters Market Eye - The National Stock Exchange will reduce the securities transaction tax (STT) on equity futures to 0.01 percent from 0.017 percent from June 1, NSE said in a statement. Purchases of a unit in an equity-oriented fund …
The Tokyo bourse is considering listing a gold ETF offered by U.S.-based financial service company State Street Corp (STT.N) on the New York Stock Exchange, Nikkei reported without citing a source. State Street’s StreetTRACKS gold …
Stock futures point to another weak start for U.S. markets on ... KMB), State Street Corp. (NYSE:STT) and Xerox Corp. …
Meanwhile, thanks to the launch of three new ETFs this week by State Street Global Advisors (NYSEARCA:STT), the …
The new accounting year has forced arbitrage traders to shut their terminals, as the modified version of Securities Transaction Tax came into effect on Tuesday. A minor change in the tax treatment of STT as business expense has a …