SEBI's new move to cut retailers participation in F&O!

[cloudTrader]

Rupee is devaluing .so some wanna get their money out to save it from further devaluation .

Quite Possible ..

 

[monkeybusiness]

I expect something worst will happen.
What if some unemployed small trader does suicide due to depression that he has no alternate way to feed his family?

Just one more chapter in generation of unemployment.

 

[headstrong007]

Small ones are out and bigger ones positions will get limited so where exactly liquidity will come from ?

also discount brokers bushiness will wind up .

Big discount brokers like Zerodha with more than 5 lakhs active clients must build up the active protest with their clients together.
For example, if Zerodha makes a draft of protest, make a logical representation and send it using their official email and collect the physically signed form along with client Id and details. Then submitting such form few lakhs together can stop SEBI easily and attract the required attention from media or political parties.
Basically, to build up such large-scale protest traders need numbers.
Brokers always fear SEBI but now their back is also on the wall, so they must also think about it seriously.

 

[cloudTrader]

Big discount brokers like Zerodha with more than 5 lakhs active clients must build up the active protest with their clients together. For example, if Zerodha made a draft of protest, make a logical representation and send them using their official email and collect the physically signed form along with client Id and details. Then submitting such form few lakhs together can stop SEBI easily and attract the required attention from media or political parties.
Basically, to build up such large-scale protest traders need numbers.
Brokers always fear SEBI but now their back is also on the wall, so they must also think about it seriously.

Discount Broking industry will be the worst hit and they indeed need to join hands to stop this non sense being planned.

 

[NJ78]

Big discount brokers like Zerodha with more than 5 lakhs active clients must build up the active protest with their clients together. For example, if Zerodha made a draft of protest, make a logical representation and send them using their official email and collect the physically signed form along with client Id and details. Then submitting such form few lakhs together can stop SEBI easily and attract the required attention from media or political parties.
Basically, to build up such large-scale protest traders need numbers.
Brokers always fear SEBI but now their back is also on the wall, so they must also think about it seriously.

Brokers should have taken the lead voluntarily but have been conspicuous by their absence in this regard. There has barely been any visible public representation, protest or support from brokers' side. Only us retail have been losing sleep & figuring out where this is headed. This is very, very wrong.

 

[kingsmasher1]

The point is, a retail investor with a very high net worth - Why does he even need to trade?
This logic appears complete BS to me.

Who is the SEBI or govt to decide, what do i need to do with my own hard earned money?

 

[Swift.trader]

Just one more chapter in generation of unemployment.

Sab ka saath.. sab ka vikaas

 

[trader2017]

I think it is best to focus on our trading right now and look for ways how we can address this issue collectively instead of losing patience and sleep over something which is yet to be officially announced

 

[NJ78]

I think it is best to focus on our trading right now and look for ways how we can address this issue collectively instead of losing patience and sleep over something which is yet to be officially announced

According to this post and this post the end seems to be nearer than expected for the small trader. It's hard to stay focused when time is seemingly so limited. At least a part of our energies are going to get diverted to this distraction.

 

[Vitthala]

Small ones are out and bigger ones positions will get limited so where exactly liquidity will come from ?

also discount brokers bushiness will wind up .

discount brokers already made big,they dont need us anymore,Zerodha literally stopped answering all questions.