So if we loose we bear the same day, and if we profit we have to wait to for 2 days to get credit.
why debit procedure should not follow the same credit principle, What kind of nonsensical mechanism is this ???@nithin
Its like you lose its your problem, if you win, we (SEBI) will make you suffer for 2 days. ???
It seems all illiterate morons are dictating their rules for their own benefits, and we peoples are expressing our opinion frustration a public forum like this. Does it means that we are under dictatorship and democracy has gone shopping in the 18th Century !
I have seen a lot of this - SEBI trying to help the big guys. Which big guy? There is no one big guy to help, big guys are fighting between each other. If anything the big guys would want retail to trade more. The more retail trades, the more big guys potentially can make money.
I think whatever they do is in the interest of the retail investor community. I have interacted and track a bunch of regulators around the world, donāt think anyone, anywhere cares as much about protecting retail investor interest. For example the restriction on intraday leverage, it is not good for our business, but if you were to ask me honestly, I think it is good for the overall retail trading community. Leverage is the biggest reason for retail to lose money.
This FAQ from the exchanges, I have a feeling is a second order effect of the introduction of cash margin requirements (which is again good for retail investors) which maybe wasnāt thought through in terms of how it can affect retail investors. Today all institutions (FIIs) trades are settled in similar way, so maybe the thought was that even retail investors can easily manage this.
I do think SEBI is going to do that , probably not by decades but by centuries, I heard In one of the Seminars about how stock market was functioning in the initial days , the presenter told us that ,how a Farsi Gentleman goes to stock exchanges spend whole day there , buying 1 share of TATA company at the lowest price and hold it for ever , so to create volume , TATA company started 100s of companys so as the history repeats again , going forward i think for stock delivery(like BTST) traders has to do , either to use half of their capital or has to keep double the money for what they are going to trade.!! if they donāt want any risk about the complianceās !!
All decisions of SEBI seem perfect. SEBI and brokers both have the exact same data in front of them, prior making decisions. Decisions being taken by SEBI are in primary interest of the investor/trader. Brokers should not feel hostile with these decisions, unless, they are working against the interest of the investor/trader.
Why should the trade be allowed if the money has not landed in your account ? Who will be liable if there is a default/ non delivery ? Having said that, developments are in progress for realtime settlement of positions. If UPI payments can be transferred across banks in real timeā¦ Its high time, market transactions should also be settled realtime. In fact, such policies, will help prevent a Lehman Brothers type crisis spiralling out in India.
Perfect?? By manipulating market institute might burn investors portfolio, stoploss and technicals would not make much more senseā¦liquidity is one of the most important thing in any marketā¦
Well said @nithin ! Unfortunately this mentality is reflected in their trading as well where every time they lose, itās because the big guys did not want them to win. These traders are well off without leverage, so I guess the pro-traders who focuses on risk management will have to take a hit for the greater good.
For people complaining, I think we were taught the functions of SEBI in our school (for people with commerce background) please refer to them again, nowhere is it defined that they want to help traders make money. Their function is to protect investors and keep the markets healthy. The day they come to a conclusion where a small % of traders having their ROIs improved at the cost of lakhs of people losing money in the market due to leverage is better for investors and the market, theyāll give us 100x leverage.
The debate should be on the reasoning for their decisions, and I feel SEBI lacks communication and transparency with itās stakeholders. People who are affected by this deserve an explanation as to what makes SEBI think they can get away with what they want in a Democracy, their reasons might be genuine, but the public deserves to know and be a part of the discussion.
& SEBI helped (or protected) retail investors by tweaking the rights issue guidelines just in time
ā53,000 crore rights offer of Reliance Industries Ltd (RIL) in May was preceded by an innocuous tweak by SEBI to one of its rules governing rights issues in the marketā
so as the history repeats again , going forward i think 
