93% of retail futures and options traders in India faced losses totaling ₹1.81 trillion from FY22 to FY24.
A study by India's Securities and Exchange Board (SEBI) found that 93% of retail futures and options traders faced losses totaling ₹1.81 trillion ($21.67 billion) from FY22 to FY24. Only 7.2% were profitable, while proprietary and foreign traders gained significantly through algorithmic trading. Despite heavy losses, over 75% of losing traders continued trading. SEBI plans to implement measures like increasing minimum trading amounts and taxes to mitigate the situation.
September 23, 2024
42 Articles