(Bloomberg) A recent change to India’s trading rules has opened the door for fund managers to increase their holdings of derivatives in the country, loosening restrictions that had stifled trading.
The Securities and Exchange Board of India last month increased the combined futures and options trading limit by removing some caps on contracts and on the market value of positions held. The changes mean an average increase in allowed holdings of 550 percent on futures contracts traded at venues operated by the National Stock Exchange of India Ltd., according to an analysis by Citigroup Inc.
