Actually there is a share trading tax in India it is equal to 2 percentage points of the value that is 0.02% of the value this makes sure that if anyone is goin

Actually there is a share trading tax in India it is equal to 2 percentage points of the value that is 0.02% of the value this makes sure that if anyone is going to do HFT there margin is at least bigger than 0.02% Learn more here : http://www.smartmoneyindia.co.cc/2009/01/all-about-securities-transaction-tax.html http://www.smartmoneyindia.co.cc/2009/01/all-about-securitie... (not my link)