Broker default episodes, when there is no broker portability, is marked by forced liquidations that creates risk exposures and eliminates potential risk-taking market participants who are capable of tolerating market risk at a critical time.
Industry increasingly turning to SaaS-based technologies to facilitate multi-asset operations Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of cloud-native SaaS solutions for investment
By Lav Chaturvedi In the financial year 2020-21, the nine-month period between July 2020 and March 2021 (9MFY21), was the most challenging time for almost every industry. The prolonged phase of lockdown that was enforced to contain the coronavirus pandemic came as a serious setback for them. Ironically, for the broking industry, this period was marked by unprecedented gains and unparalleled investor enthusiasm. After facing the initial headwinds, when the lockdown was announced in March 2020 and till the broking industry adjusted to remote and digital mode of operation, several positive factors emerged, which gave the industry new momentum. Record growth in 2020 First of all, governments globally announced huge stimulus packages to stem the Covid-induced slowdown, with total fiscal stimulus exceeding $12 trillion, which was almost four-times the stimulus offered during the Global Financial Crisis of 2008.