These measures include limiting multiple option contract expiries and increasing the size of options contracts, signalling a significant shift in the regulatory landscape for derivative trading in India.
The Indian government has raised concerns about the risks associated with speculative trading by retail investors. To address these concerns, SEBI has proposed setting a minimum contract value of 1.5 to 2 million rupees ($18,000-$24,000) for derivative contracts. This threshold will be raised to 3 million rupees after six months. This step aims to ensure that only investors with sufficient capital engage in derivatives trading, thereby reducing speculative trading activities that could destabilize the market.
Additionally, SEBI proposed that weekly options contracts be limited to a single benchmark index per exchange. Brokerages will be required to collect option premiums upfront from their clients. An increase in margins on near-term expiries has also been suggested to further deter speculative trading.
Bu hikaye The Business Guardian dergisinin July 31, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin July 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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