Discover and read the best of Twitter Threads about #angelbroking
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A Mega thread on #Angelbroking.
@NeilBahal @sahil_vi
@Amit_Jeswani1
Old age broking company getting transformed into digital native, cloud first , open architecture #fintech broker.
They started thier modernization journey in 2016 and now have total 5 million clients.
@NeilBahal @sahil_vi
@Amit_Jeswani1
Old age broking company getting transformed into digital native, cloud first , open architecture #fintech broker.
They started thier modernization journey in 2016 and now have total 5 million clients.
They have approx 1.8 million Active clients on nse(3rd), #zerodha is clear leader with 4 million active clients and upstox with 2.8 million active clients.
In last 6 months #upstox has grown at ferocious pace and has ambition to have 6 million active clients by end of FY22.
In last 6 months #upstox has grown at ferocious pace and has ambition to have 6 million active clients by end of FY22.
Active clients is good indicator but doesn't capture whole picture.
Angel has 9% market share in active clients and 20% market share in F&O. Brokers make money on no of trades executed. Last quarter Angel executed 21 cr trades . And this quarter it is expected to execute 25cr.
Angel has 9% market share in active clients and 20% market share in F&O. Brokers make money on no of trades executed. Last quarter Angel executed 21 cr trades . And this quarter it is expected to execute 25cr.
#angelbroking so many UC. 🤣
This thread is to understand the biz & what excites me about it. A bit about the #broking industry too. This is going to be a long thread, so please don't hold your breath. As always retweet if you like, so max people can benefit. 🙏
This thread is to understand the biz & what excites me about it. A bit about the #broking industry too. This is going to be a long thread, so please don't hold your breath. As always retweet if you like, so max people can benefit. 🙏
#Brokers provide the UI/UX to the end participant to execute their trades. Traditionally, brokers have made money through couple of major sources:
1. Brokerage: In the olden days, brokers used to have “packs” (say X trades in Y days for Z rupees) and also provide custom plans to their clients with a focus on driving volume. This got disrupted with the advent of discount brokers like Zerodha.
