Hi team,
Unable to take a fresh position in currency derivatives. I found there is a circular by RBI. Please clear how to take fresh trade in currency trading?
Still this is mystery for now ! Infact brokers have no clear information. Its paused for now. Later on we may find any information. NSE/BSE are like chalo aah jao option buying mein sare lot size ko kam kar diya hun for retail trader safety.
Sahi bola aapne. option me aao aur lut jao. kisi ko nahi baksha jayega.
@raviraj @Pradhan @thisisbanerjee we are discussing it here - https://private-poc.madefortrade.in/t/discussion-rbi-tightens-rules-on-currency-derivatives-to-curb-speculative-trading/24182
Would love to know your views on this!
Retail traders were forced to exit in a stampede, after that now RBI has opened special exit door for big guys till 3rd May 2024 to close their positions peacefully! 