Sebi’s new F&O norms to hit Zerodha’s volumes, business, says cofounder Nithin Kamath

The new rules, which will kick in on November 20, could reduce Zerodha’s volumes by 60% he added. According to a Sebi study, retail traders in the market have shot up from 5.1 million in FY22 to 9.6 million in FY24. This has fuelled fears of savings moving away from secure investments to speculative activities in the F&O segment.