looking at the volume of derivatives trade I can safely say that SEBI has destroyed the market in name of safeguarding the retail investors
we feel like that bcos SEBI never comes out in open and justifies it.
They are seeing something we are missing.
For example, NSE cash mkt Turnover is nothing compared to Derivatives and so on.
so probably investor is losing out quite alot, traders, punters, operators, HFT etc making tons.
What kind of exchange lives on derivatives ? something to ponder over. is it a legal gambling den too.
The same wasn't for other int'l exchanges where rules are far tougher to trade in derivatives.