![]() The regulator said in a statement to Reuters that it was also working with state police and had set up 16 regional offices, given the proportion of trades happening outside India's main financial hubs, in regions like Gujarat. SEBI, which will be overseeing commodities after a planned merger with the Forward Markets Commission, has set up a three-member team to revise its dabba policy, SEBI officials said. "There is a significant risk of spillover in the financial system," said a senior regulator at SEBI. In early 2013, brokers attributed a sell-off in mid and small-cap stocks over several days in part to a major Calcutta investor liquidating actual shareholdings after losing heavily in the dabba market. Though there is rarely proof, brokers say they sometimes see instances of dabba causing unusual market moves. Officials at the Securities and Exchange Board of India (SEBI ) say they are worried about contagion if markets turn volatile, particularly if dabba traders are using both on-market and off-market trades to hedge their exposures. Market participants and traders estimate a bulk of the those trades has moved to the dabba markets. A senior official at leading commodity bourse MCX said earlier this year that the dabba market could be eight to 10 times the regulated derivatives market.Ĭommodity derivatives worth $265.54 billion were traded on India's exchanges in the first six months of the year, less than a third of the volumes two years ago before a new transaction tax was introduced. In commodity markets, estimates put trade at multiples of legitimate business. It also helps to compute the option’s theoretical price along with the implied volatility.There is no reliable estimate of the size of India's dabba markets, but the practice is widespread and brokers estimate share volumes are likely to add up to at least several hundred million dollars daily, compared to an average of 175.25 billion rupees ($2.76 billion) on formal exchanges. The NEST options calculator helps in the computation of Greeks i.e. ![]() NEST Trader offers the facility to manage shortcut keys. ![]() ![]() This gives the users a more personalized feel and also enhances their efficiency. This feature helps you stay ahead of the curve and in full control of your trades.Ĭlients can customize various components in the NEST Trading platform such as fonts, colors, layouts, as per their convenience. The Nest Trading software is equipped with real-time data widgets that generate triggers, price alerts, quotes, etc. These data points help traders to take well-informed decisions and trade more effectively (and rewardingly). Details such as highs and lows, LTP, bid and ask price, etc. ![]() With NEST, you can keep an eye on the trends of multiple exchanges. ![]()
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