Online Trading
On the NSE, USD/INR futures closed up 0.74% at 94.83 today. The currency hit an intraday high of 95.53 and edged lower by 0.45%% in open interest. In other currency pairs, GBP/INR added 0.56% to close at 128.78 and EUR/INR edged up 0.63% to settle at 110.55. Meanwhile, JPY/INR futures tick up 0.69% to end at 61.43.
*9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
*On an average, loss makers registered net trading loss close to ₹ 50,000.
*Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
*Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
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