He said the credit had nothing to do with indices, but rather with turnover. Or at least something to that effect. All this time they demanded credit from SEC saying market was down and retail investors (like us) have no access to credit. Now singing different tune. So it finally reveals their true motives. It turnover which mean more profits for them. So no matter what markets does as long as turnover high they are happy. So if poor investors make no profits, and market not going up no problem for them, as long as they make money on turnover. It was always about their own pockets and not about us. meanwhile investors have increased their credit positions and trading more, making broker richer.
He also said more turnover more money for SEC, CSE and govt. Yes but they take the lion share of fee's charged on us for doing a trade. Don't be fooled by their words