@Newbie420 It is for derivatives right? Will it affect those who do intraday equity trading as well?
And on what basis you decide to use the word…“adequate” and “inadequate” ? How eligible/knowledgeable are you to mark that threshold ? Same applies to SEBI.
They are planning for equity also
Legislation or rule-making in our country at-times is so stringent and often baseless, that, it forces the public to find other illegal means like document forgery, bribery, etc.
Our system is built in such a way, that, one has to know the trick and find corrupt means to get the job done. Corruption is a direct resultant of this system and it is inevitable. The degree of awareness is extremely poor in our nation.
It is so unfortunate that the sloth-like buggers a.k.a. Govt. Employees never realize that their job is for “public service” not “public harassment”. A Govt. job is deemed as license to good life, health, wealth, class facilities and what not. But in return how efficient are they? That is the only reason why foreign MNCs, private sector slavery houses (so-called Mid-cap/Large-cap) exploit India’s workforce. Factor-in wholistically and we can see that it’s all a delusion created by these agencies right from the grass-root level.
STT is the biggest scam run by SEBI. The given excuse is to make algo-trades costly and less accessible but it is a major major headache for genuine retailers. And every now-and-then SEBI is showing-off with their extra concern for retailers. Instead of working on real issues, like, stock manipulation from pledging, insider trading, etc., SEBI workers are simply justifying their salary with their f*@king strategies to harass everybody and lick their bosses arses.
Let SEBI implement it, who will stop them from doing “ETHICAL CORRUPTION”!
I agree on this point. Now watch the rise of dabba trading dens across the country… And the fall of volumes on NSE, and particulary BSE. SEBI will have to revert back after some time fro sure.
former Law Secretary TK Vishwanathan …this guy who is proposing these rules is not even a trader I guess.
This is what EUROPE is doing ! Their market is more developed than ours still their leverage is way beyond ours !
Please read this aricle: Participation of Retail Investors in Indian Equity Market
As of 2017 only 4.45% of our total population are categorized as retailers. I am fine with Govt.'s conservative stance and there should be. But, please don’t create hypothetical possessiveness on your own people.
Did it
Thank you
Huge trader groups on Facebook. Search Zerodha Traders or Upstox Traders. Join those groups and post there. Take help from group admins in highlighting this. Tweet on Twitter. Make an appropriate hashtag. Send it trending
Better yet. Create a group in telegram. Better scalability for when groups get bigger
Sure
better to keep your job as standby
They are bent on destroying the market
Seem like trump supporters. Have got shit for brains
Request you to share the link on your whatsapp, and other platforms
Thanks
you have no right to question me.
SEBI is more knowledgeable than you and they are doing a fine job to protect underfunded traders.