Who is Impacted? 

Millions of retail investors in India loose money in Options trading. It is the single biggest transfer of wealth from the poor in India to Global High Frequency trading Firms. 

In the year ending March'22 Indian retail investors lost over $5.4 billion. Since then, NSE and BSE have unscrupulously launched weekly expiries and new indexes. 

Since March'22, the notional volume of derivatives have multiplied multiple times meaning Indian retail investors which mainly consist of lower middle class and less educated people are loosing money.

 

Who is at Stake? 

The financial security of Millions of Indians is at stake.

In addition to retail investors loosing money, the money is actually being transferred to HFT's based outside India who do not pay taxes in India. 

This also means that there would be a Forex loss for India. 

 

Why is now the time to act? 

Options and Derivatives are hedging instruments but  NSE and BSE have made them gambling instruments by introducing weekly expiries and more indexes.

This craze is further fuelled by thousands of Influencers and telegram groups who have questionable motivations and credentials but are encouraging options trading. 

A prominent HFT fund admitted in court that it made billions of dollars by looting Indian Retail Investors.