f&o lots to be revised

Cactus

Active Member
#3
u r right bro.

this is what peoples can expect from manuplators........:D

last year sebi chief damodaran announced to introduce mini contracts in f& O and no contract has been introduced except mini nifty.:mad:

an other example of B******d's mentility.:eek:


Hi Friends...

if you are not a person with deep pockets, thn trading will no more be your cup of tea. i am also falling in same catagory:D. will have to quit trading and look for some thing else because SEBI has gone crazy. all f&o scrips lot to be revised. see the link below.


http://www.nseindia.com/content/circulars/faop11720.htm



kripal
 

rkripal

Well-Known Member
#4
u r right bro.

this is what peoples can expect from manuplators........:D

last year sebi chief damodaran announced to introduce mini contracts in f& O and no contract has been introduced except mini nifty.:mad:

an other example of B******d's mentility.:eek:


yes cactus

who will benifit by this. ofcourse not the small traders like me. yes profit and also the loss will be larger but then margin we pay will also increase greatly. People who are trading with big money will surely appriciate these move.

and yes, ofcourse the brokers will also welcome the move by sebi as their profit will be far more greater then what they get now.

well done sebi:rolleyes:
 
#6
they should have reduced the contract size to 1/2 so that liquidity improves. get ready for a very illiquid market soon. this may help the downtrend of the market, as 2 lacs worth of a lot will be unaffordable to the guys who are down 50-80% due to the the recent crashes.

Is S&P CNX NIFTY (our nifty 50) also revised???
 

ravalsb

Active Member
#8
Thankfully MiniNifty and Nifty are not in the Annexure.... HuUH... relieved.....:)

These Guys have gone crazy... WWIL and ISPAT revised lot size is 25000SHRS
 

AW10

Well-Known Member
#9
IMO, that is what we had 1 year back. Now when most of the scrip have fallen by more then 50%, the contract value has come down by same % (current contract value of unitech is around 26000/- which used to be 2L+, suzlon contract value 38000 which used to be 3L+). When we never complained eariler for those contract value then we shd be fine with this move as well.

F&O trading /leverage trading is certainly risky business and this is one of the strategy that SEBI is taking to ensure that low value accounts are protected from taking undue risk. Otherwise today, people with 10k account can buy multiple contract without really knowing the implication and risk involved. And then they will blame broker for squaring off their position to cut the loss.

Happy and Safe trading.
 

Capricorn

Well-Known Member
#10
yes cactus

who will benifit by this. ofcourse not the small traders like me. yes profit and also the loss will be larger but then margin we pay will also increase greatly. People who are trading with big money will surely appriciate these move.

and yes, ofcourse the brokers will also welcome the move by sebi as their profit will be far more greater then what they get now.

well done sebi:rolleyes:
I am not sure how it benefits the larger fish , after all they prey on the smaller fish and if the small fry are out of the game who do they:confused: prey on now?
 

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