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Podcast: Moneylife News Bites
Episode: Derivatives Market: Why the Casino Must Thrive with or without Jane Street
Description: SEBI’s action against global trading giant Jane Street may have made headlines, but the real story runs deeper. Why does India’s derivatives market — where over 90% of retail traders lose money — continue to flourish? Who truly benefits from the F&O frenzy?In this sharp and thought-provoking analysis, Debashis Basu unpacks the institutional incentives driving India’s massive options and futures market — from the government’s exploding tax revenues, to the exchanges’ record-breaking profits, and even SEBI’s own financial stake. Hosted on Acast. See acast.com/privacy for more information.