NSE IX is launching daily expiries in Gift City for Nifty 50

NSEIFSC_TRADE_2310.pdf (208.1 KB)

FPIs , NRIs n institutions can trade daily expiries in Nifty from next month oct 13th.

SEBI wants even weekly expiries gone for retailers and introducing daily options at the same time for FIIs

Its better if they shift everything to GIFT CITY and let FIIs and the off shore mrkt decide what happens in indian markets. Disgusting

7 Likes

Hypocrisy ki bhi koi seema hooti hai

1 Like

Hypocrisy at its peak :face_with_diagonal_mouth:

Stunning. What are they thinking.

After 1 year SEBI will come out 91% FPI , NRI are in losses .
91% have lost in the range of 5 to 10 crores ,
5 % are in break- even range
4 % made profit due to Rupee Depriciation
Rest 1% are institutions
Soon a consultation paper will come out , to make bi yearly expiries for FPI , NRI

Hey @nithin , that’s why the NSE CEO always says they’re cool with monthly expiry, right? They’ll get their money from Gift City. But what about the other folks, like brokers and traders?

This means there won’t be liquidity in monthly contracts as well i guess, can someone shed light

Fifty per cent of the volumes come from retail traders. I don’t think anyone will be okay with volumes dropping.

1 Like

@nithin
For Indian citizens interested in daily expiry trading, are there any current or prospective avenues available in gift city ?

2 Likes

No other way is possible for Indian citizens to trade on Gift.

1 Like