Retail traders losing big in F&O trades: Derivatives analysts decode key reasons

Published in Business Today | July 2025

"SEBI’s latest reforms in the derivatives segment signal a strong regulatory push to curb speculative excess and safeguard retail investors. Stricter margin norms, reduced leverage, and enhanced disclosures aim to bring greater transparency and discipline to the market,” said Sunil Kalra, Partner, Governance, Risk, Compliance and Forensic Investigation Services, Forvis Mazars in India.

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