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FIBA is created to unite all Fixed
Income Brokers holding Wholesale
Debt Market membership of NSE, BSE,
OTCEI & others who are actively
involved in Debt Securities
brokerage. |
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Covenant of FIBA lays down the
templates of services to be provided
by its members in dealing with the
clients. This is to improve & put in
place international standards of
brokerage services in India. |
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FIBA liaisons with Regulators on
continuous basis to solve & clarify
operational hitches & to improve
regulations. |
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As India is integrating with Global
Markets, goals of FIBA is to bring
in India Global Securities broking
practices, training of Members
Dealers to evolve newer derivatives
products in line with international
Markets. |
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To have Annual
Conference, Lectures, Meetings
with other industry
organizations to crystalise
future road-map of growth of
Debt Market in India. |
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To associate with Indian & SRO
FIMMDA and other related Indian
associations to integrate with other
Global Debt Market Association. |
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To work towards reduction of
transaction charges like SEBI
Turnover Charges, Stamp Duty &
Exchange Charge and Service tax,
Brokerage etc. |
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To create awareness among the Debt
Market Participants & the regulators
of contribution by Brokers in
intermediation & the advantage of
level playing filed for growth of
G-sec & Corporate Debt Markets. |
