Speaking at a press conference last Thursday, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi), expressed concern over massive speculative volumes in derivatives trading. Trading volumes in derivatives have indeed exploded (mainly in stock options) over the past few years, leading to fears of speculative excesses.
Nithin Kamath, founder of stockbroking firm Zerodha, said on X: “We are in the middle of a period of excess in options trading. Volumes in index options have gone up from Rs 4.6 lakh crore (Rs 4.6 trillion) in 2018 to Rs 138 lakh crore
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First Published: Jul 01 2024 | 12:26 AM IST