October 01, 2024 13:14 GMT
INDIA: Authorities Take Steps to Curb Surge in Equity Derivatives Trading
INDIA
- Bloomberg report that India’s securities regulator notified steps to limit a surge in equity derivatives trading in the nation after growing retail participation took the speculative bets to the highest in the world.
- Citing a circular published on the Securities and Exchange Board of India’s website, it notes that the measures include limiting of options contracts that expiry weekly to one per exchange, upfront collection of margins from traders as well as an increase in the minimum contract size to at least 1.5 million rupees.
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