According to stock market watchers, even before the implementation of SEBI's new rules on index derivatives, Dabba trading platforms have become active in the market and have started attracting traders. Such platforms were registering a boom in business since the beginning of this year. Now they have hopes of getting more benefits in the future. With the implementation of SEBI rules, the impact on trading volume can be seen soon, the platforms are trying to attract it. Along with this, they also have hopes from the formation of a new government in America which is considered crypto friendly.

The impact of the new rules has started showing in the market and the stock exchange has started terminating the contracts as per the order of SEBI under which each exchange will be allowed to hold derivative contracts for only one index expiring every week. Along with this, two more rules will be applicable on index derivatives from November 20. First, the minimum size of the contract will increase from the existing limit of Rs 5 to 10 lakh to Rs 15 lakh. Second, traders will have to pay more margin to cover the risk amid sharp fluctuations. In a report by Moneycontrol, experts of such platforms said that with the implementation of new SEBI rules, the Dabba trading platform has intensified the marketing campaign to attract more and more F&O traders. Earlier this month, NSE Business Head Sriram Krishnan had informed that the impact of the new restrictions has not been felt on the trading volume yet. However, he said that the effect can be clearly seen from January or February. On the other hand, Zerodha has said that SEBI's rules will have a strong impact on the business. Amidst all these signs, unregulated players are intensifying their efforts. These include Dabba trading platforms, which are trying to grab some part of this difference in volume. According to the SEBI website, Dabba trading is an illegal way to trade in securities. There is no actual trading in any official stock exchange recognized by SEBI in the trading of securities through Dabba trading. Deals are settled internally through Dabba traders and are completely outside the purview of the rules. In such a situation, the investor has to bear the loss in case of any disturbance.