Capital markets regulator Sebi's moves to take Indian retail investors away from the high risk derivatives trading seems to be working fine for now. Now that a large part of futures and options (F&O) regulations are in play, Kotak Equities found that there is nearly a 20% drop in retail premium turnover and traders.
Sebi, through its six-step framework, brought in various checks late last year that ranged from increasing the contract size of options to limiting weekly expiries to one per exchange. These rules were introduced after a study found that retail traders gambled their savings in these volatile trades over the last three years and lost nearly Rs 1.8 lakh crore.
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