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Brokers contend with end of era on Asias oldest stock exchange

Brokers contend with end of era on Asias oldest stock exchange

Sunday, December 29, 2019, 3:57 PM

More than three-decades after starting as broker on the Bombay-Stock-Exchange, Asia's oldest bourse, Yogesh Choksey shut-up shop last-year, missing-out on a record-breaking equity rally that would usually boost profits for brokerages. "The business was no-longer viable for a smaller setup like mine," said Choksey, who opened his namesake firm in 1986 in the iconic Jeejeebhoy Towers, home to BSE in the old-business-district of Mumbai.
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