Dabba trading platforms are increasing their marketing efforts to attract Futures & Options (F&O) traders due to new regulations from the Securities and Exchange Board of India (SEBI).
The recent increase in Securities Transaction Tax (STT) announced in the July budget has also led traders towards these less-regulated platforms.
With upcoming changes to index derivatives, including a rise in minimum contract size to Rs 15 lakh and higher margin requirements, these platforms expect a surge in business.
As stock exchanges adapt to SEBI"s mandate limiting derivative contracts to a single index expiring weekly, they are starting to eliminate existing contracts.
The National Stock Exchange (NSE) has stated that the impact of these new regulations on trading volumes is yet to be observed, with expectations that the effects will become clearer by January or February.
Influencers promoting dabba trading platforms are optimistic about the potential increase in traders seeking alternatives amid the changing regulatory landscape.