What is the edge which makes prop trading firms extremely profitable

No, clueless.

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@nithin
I read your post on weekly expiry. Let’s assume you don’t run Zerodha but understand markets, so in that case, what do you think about weekly options? Because what is popular is not always right, and what is right is not always popular.

Why SEBI is doing nothing for awareness and just making it difficult? In Finance 101, we read that speculation is not the same as gambling.

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As a person who understands the market and has no benefit from activity in weekly options, I would understand the reason the country has to take this stance.

I don’t know if SEBI can really do much about awareness. I think the best they can do is ensure product suitability. Only people who can take the risk should be allowed to. As long as it is not market-wide, even if brokers like us want to implement it, then we can.

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@nithin
Can SEBI ask all brokers and exchanges to spend some part of CSR funds to create awareness around the risk of derivatives?

Why is everyone thinking in binary mode? Can’t we solve 20% of the issues that are creating 80% of the problems by, as you suggested, implementing some suitability framework?

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