Oh, now, they stopped caring about retail people losing and surge in f&o volumes? Or they want to see how close the figure 89% can move towards 100%? Request Mr.Nithin to read out loud the golden goose story for them.
Mere dil ki baat chura li. Jab meri brokerage firm hogi to kitna paisa aayega isse
Restrict it for Institutions only. Retailers go to hell.
It’s confirmed that only index futures and options will have extended trading session.
India’s largest exchange is planning to extend trading hours of index futures and options to continue between 6 and 9 p.m., Sriram Krishnan, head of business development, told BQ Prime’s Sajeet Manghat in an interview.
Read more at: NSE Seeks SEBI Nod To Extend Derivatives Trading Hours. Here's Why
Copyright © BQ Prime
Why so much hatred towards retailers?
3pm strategy Wale YouTube experts shifting to 8 pm strategy
SEBI will come up with the Quote " We are actually extending the trading hrs for the benefit of Retail Traders"
But the wise knows the hidden message in the quote.
To safe guard retailers, we are extending the time period.
Just a single question why create an evening session 6-9 instead of just extending the current session say change the market close from 3.30 to 5 or 9 or 11?
As we can see with currency derivatives and commodities
Most office jobs end at 6-7 pm. If rumours are true that they are targeting these folks then 6-9 pm makes more sense than extending from 3:30 to 5 pm.
Then push the closing to 9 and as the rumours say till 11 later making it similar to commodities?
this would make sense too.
Realistically I don’t think any office goer would have enough energy required to trade the markets after working the entire day already at the office, well until they want to burn some quick cash.
According to rumours they are going to start with 6-9 pm and based on response extend to 11 pm.
Also ig 6-9 pm will align better with us market opening when compared to 3:30 to 5pm.
In both cases I agree extending from 3:30 to 9pm makes more sense than just having a 2 hr 30 mins break in the middle and starting again at 5 pm.
Why would I hate them when I myself is a retailer? This was on behalf of SEBI
Ah. Thought you do not trade in derivatives segment.
Yes I don’t. But that doesn’t make me an institution. I’ll still be called a Retailler
The moment SGX is retired, I realized this is happening.
This move will nuke any overnight strategies, 6-9pm slot will smoothen out overnight surprises.
It is targeted towards hedge funds/big traders who used to trade SGX, now they can adjust their portfolio positions without going through any hoops.
Will the extended market hours create any changes in option premiums?
+1
What will be the likely impact on options and their prices geeks etc. during day time as well as on extended session.
As per this article the 6 to 9 session’s settlement will be done next day during normal working hours.
Option prices should be higher ideally and theta will be slower to decay. But if its a special session with settlement on next day - it will most likely for betting only.
Someone from the zerodha analyst team can inform if they are instructed to recalculate the B&S pricing for the 50% extension of time.