Latest News | BIZ-FM-RETAIL F&O Unchecked Explosion in Retail F&O Play Can Create Problems for Household Finances: FM

Mumbai, May 14 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday warned that "unchecked explosion" in riskier future and options trading by retail investors can create problems for household finances in the future.

"Any unchecked explosion in retail trading in F&O can create future challenges not just for the markets (but) for investor sentiment and also for household finances," she said at an event at the BSE here.

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"Household finances have made a generational shift. We want to safeguard them," she said.

A study undertaken by Sebi has revealed that 9 of 10 retail investors suffer a loss on their bets in the futures and options market.

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Sitharaman also appealed to the BSE to work closely with markets regulator Sebi to help the investor confidence by stringent compliances and robust regulatory standards.

The BSE and the NSE should mitigate systemic risk, ensure market stability, she added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)