The Multi Commodity Exchange of India (MCX), India’s largest commodity derivatives trading platform that enjoys nearly 90 per cent of market share, and National Commodities and Derivatives Exchange (NCDEX) have witnessed a 66 per cent decline in their turnover during the last two months in the recently launched ‘options’ segment as traders switched to equity markets for assured returns.
Markets regulator Securities and Exchange Board of India (Sebi) said in its November bulletin released on Monday: “The turnover of all the options contracts decreased by 66.4 per cent from Rs 466.24 billion in September 2018 to Rs 156.45 billion in