Association of National Exchanges Members of India (Anmi) is a pan-India body comprising around 900 trading members across the country and around 350 broking houses in Mumbai alone.
The stock brokers’ association said that despite the Maharashtra government and Ministry of Home Affairs declaring stock broking and depository services as essential services, the staff were not allowed to commute in local trains.
Given the magnitude and nature of work in the broking industry, the broking houses require their staff in offices to maintain trading services and assist in technological issues, it added.
Stock broking and depository services were declared an essential financial service by the Maharashtra government on April 13, 2021.
Anmi said it is still to receive a response from the state government in this regard and urged it to take swift action.
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