SEBI will not be satisfied till they completely nuke this stuff. What do they want? India is a growing economy and market. They already achieved lowered volumes year on year. But they will compare it to 2 years ago and want to restrict it more.
They will compare it to cash market turnover and then decide that options need more regulation instead of loosening STT and limits on cash market. Someone tell these guys how prohibitive it is to trade cash market and futures market due to STT
Isn’t this getting a bit too much. Do they completely want to shut down options market. I heard you’re on the SMAC so can you tell them a few points -
Tell them the reason for cash market turnover(STT and removal of leverage). The solution is not to bring everything down to cash market levels but rather to try and take up cash market
No matter what they do, 90-95% traders will keep losing. There is no magic bullet to make majority profitable, The only solution is to shut it down. So shut it down while dram11 and crypto keeps running.
Not a week goes by where there is no news of further tightening and random action. They will do everything except reducing STT on futures and cash market. You can’t wake up someone who is pretending to be asleep.
NDTV Profit: SEBI Not Considering Linking Options Contract To Cash Market Positions
"The Securities and Exchange Board of India is not considering linking positions taken through options contracts to cash market positions. No proposal on further regulations has reached SEBI’s secondary market advisory committee either, sources told NDTV Profit on Tuesday."
Why do I feel that SEBI just wants to ban F&O for retailers? There should be some tightening on HNIs, because they are the ones manipulating the market and making profits, while retailers are the ones losing
Remove expiry altogether, have just one open ended chain. Galaxy brain move.
Increase STT on options to match futures to curb speculation so the 95% can pay more for their troubles
They keep going around the head to touch the nose.
to reduce weekly volume they have to give benefit for long term options, like american market if they reduce/remove span and exposure margin on fixed loss/hedged positions to, lets say margin blocked is equal to maximum possible loss, then volume will move to long term options.
Every time they say they want to deepen cash markets, I wonder - don’t they control the IPO approval process? Making that quick and painless would deepen cash markets.
Interesting how they don’t kill the market with one shot like they did with currency derivatives. We could at least have made some money based on INR’s predictable depreciation.
