Sebi eyes 6x contract value hike to curb F&O speculation

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On Tuesday, Sebi proposed measures to curb speculative trading in index derivatives, including increasing the minimum contract value to Rs 30 lakh. The regulator's consultation paper suggested several changes aimed at reducing excessive F&O trading, such as limiting weekly contract expirations and requiring brokers to collect options premiums upfront. This move follows warnings about excessive speculation impacting the economy.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/g3rNMvl

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