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How Exchanges woo Traders on Akshaya Tritiya?

Akshaya Tritiya has taken off in a big way and this time in the year 2013; exchanges and brokerage houses are waiving off the transaction charges. It is worthy to note that Both the National Stock exchange and the Bombay Stock Exchange are waiving transaction charges on gold ETFs on Akshaya Tritiya which falls on 13 May 2013.

Akshaya Tritiya trading session will be open till 7 p.m. Another leading brokerage platform ICICI Direct has announced that it will refund 25 per cent of its brokerage on investments up to Rs 20,000 made in gold ETF units on the day. It is a shame for ICICIdirect as it is already charging clients a very brokerage and retail traders are paying them as they do not know that they can negotiate these charges. Check out Indian gold tips here.

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