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

[niftytaurus]

hi
Generally Property are considered in Networth calculation..But here SEBI, will consider Liquid assets only..but all are just assumption till we get written rules in hands
thanks

 

[TraderGYO]

hi
Generally Property are considered in Networth calculation..But here SEBI, will consider Liquid assets only..but all are just assumption till we get written rules in hands
thanks

Okay.Got it.

 

[headstrong007]

A net worth certificates will consider both liquid and illiquid property right? or the sebi will ask only 40%-50% of the liquid assets for exposure limit? What do you think @headstrong007 sir?

For trading, only liquid net-worth is considered (list is above). Yes 40%-50% for exposure limit, that was published in moneycontrol. But the grey part is still the how they will calculate exposure limit.

 

[niftytaurus]

Hi
all Experienced & Profitable Crude Trader can start a thread on Crude trading..& try to teach us..We can learn Crude trading & try to trade that market till it will also blew out from policies of Sebi.
Thanks

 

[hitesh05]

For trading, only liquid net-worth is considered (list is above). Yes 40%-50% for exposure limit, that was published in moneycontrol. But the grey part is still the how they will calculate exposure limit.

Will they provide intraday products like BO/CO as it has less risk with no overnight delivery risk?

 

[headstrong007]

NO job , NO income and NO ITR? then why trade? NO TRADE too

I think you are making a sarcastic comment.

But, in reality, if someone say student or any unemployed person has 1 lakh in trading account and 20 thousand outside (in the savings account) and no income presently. Then his/her net worth is 1 lakh 20 thousand only. As far as report 40-50% is the maximum exposure so its about 40,000 - 60000 exposure. But, the grey area is still how they will calculate exposure.

Lets, wait, but net-worth certificate from CA have attached cost.

 

[Vitthala]

Ok ok,I tell you a Joke-
Say I have 6 Cows,3 Sheeps and 2 Buffalo's,all of them produce very nice milk

The cost of 6 Cows is 18L,3 Sheeps worth 1.5L and 2 Buffalo's cost is 9L,so my networth is=18L+1.5L+9L=28.5L??

So will I be able to trade Stock Market,I have 8yrs trading experience too??

 

[headstrong007]

Will they provide intraday products like BO/CO as it has less risk with no overnight delivery risk?

Unfortunately, we know nothing!
Only sure thing is SEBI WANT TO CUT RETAILERS PARTICIPATION!

 

[headstrong007]

Hi
all Experienced & Profitable Crude Trader can start a thread on Crude trading..& try to teach us..We can learn Crude trading & try to trade that market till it will also blew out from policies of Sebi.
Thanks

Hi, they will not skip the commodity market, at least NSE-BSE will be jealous if their volume shifted to MCX. Finance Ministry also quoted commodity derivative also, it is on their list.

Frankly speaking no one in the mode of starting a trading thread, you can see trading related posting are decreasing since last few days. Presently the traders are very much unhappy.

 

[NJ78]

Take a look at this NSE report of complaints against Zerodha in 2018-19:

https://www.nseindia.com/invest/content/arbitration_reports/report_1c_2018_19.htm

As per the report, Zerodha tops the list of brokers against whom complaints have been received by NSE. Interestingly, this number is higher than that of the complaints against ICICI Securities (who have more active clients), more than even the defunct F6, and is almost double of the complaints against Sharekhan. I wonder if this has had any bearing on SEBI's net worth proposal. No wonder Z is so quiet.