@SEBI_updates Is there a committee that is observing the Openings and Closings post CAS launch?
If there isn’t, there should be one. And it should include people who actually trade.
Three weeks in we have had:
- a 200 point move on day one,
- a 271 point drop in 30 seconds on Wednesday, attributed to a single trade in one stock,
- an interim order against two entities for what SEBI calls prima facie manipulation on 13 August.
Sitting on an implementation without ears to the ground is NOT a win, keeping market away from manipulations/fat fingers IS.
@SEBI_India If you guys still cannot acknowledge the problem created by linking CAS with derivatives expiries, then I don’t know what can convince you.
#CASkiAwaaz#DelinkCAS
Did my part !!
Mailed the regulator about our concerns regarding the CAS.
Have just put out logical arguments.
I've heard SEBI does go through suggestions.
So do your bit too if you think CAS needs improvement.
@CNBC_Awaaz@ZeeBusiness@_anujsinghal@SEBI_updates
Would be great if business channels could have a discussion with professional traders like @fintinity to understand how CAS is actually impacting the markets
@AnilSinghvi_@_anujsinghal
Now the only way to prevent 0DTE manipulation is to settle 0DTE options at 3:15 on that day.
Anyway the whole point of CAS is to have tradability for big funds,reduce tracking error. And give option for hedging post 3:30.
So closing 0DTE options at 3:15 solves all problems no?
No rise in Vix
No Global or Domestic event
Still straddle has risen with 130pts at day opening only that too on an expiry day
All thanks to CAS
They have given platter to the institutions like Jane.
At 3:30 they will melt it at their choice of price that too in few seconds.
#rollbackCAS
When America targeted and killed 3 Indian sailors with pinpoint accuracy, he remained dead silent, but when a single video of his got restricted, he is throwing tantrums.
At some point, every trader has to choose:
1. Keep crying about CAS.
2. Study the new market structure.
Find a new edge.
3. If no edge exists for you anymore, find another business.
The market rewards adaptation, not nostalgia.
वैसे भी Insta पर CAS के लिए Paid reels दिखनी शुरू हो गई है, सरकार बेचारी वहाँ PR पर भी पैसा खर्च कर रही है।
If Indian traders had easy access to global stock exchanges and forex markets, many would seriously consider moving away from the Indian market.
This isn’t a criticism of the regulator or the exchanges. It’s genuine feedback on how most active traders feel.
Trading is already a difficult business. Frequent rule changes, higher costs and additional restrictions only make it harder.
We pay huge amounts of brokerage, exchange charges and STT.
The least traders expect is for their concerns to be heard.
What other industry generates revenue from its customers while making them feel completely unheard?
RAGHU RAM GOES FULL ROADIES MODE ON PRADHAN 🔥
REPORTER: Why support CJP?
RAGHU 😡: These students took panga with the world’s biggest party. Their demand is basic. Paper leaks happened, students died, take responsibility.
REPORTER: Government called them a B-team of terrorists.
RAGHU 🎯: That means government has lost. Sonam sir has been fasting for 10 days. What are you waiting for? Talk to your own people.
REPORTER: Is support growing?
ABHIJEET ⚡️: Every day people are coming from Bihar, Bhopal, Kerala, across India. The longer we sit, the bigger this gets.