Is it necessary to register as an NBFC when forming a company to trade in the markets?

[Bhuvan]

@suresh

please clarify if this is the case.

Check this thread

Trading F&O via LLC or Pvt Ltd

Hi, Can someone please comment if a NBFC license is required if the sole purpose of forming a company is to use it for trading F&O segment ? This will be investing/trading only money recieved from the directors. Would be grateful if @TAXIQ.IN or @nithin can clarify if a NBFC license is required to open a trading account in the name of the company and would there be any issues if the company has no other operations except to trade derivatives in the market to generate non-speculative business i…