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SEBI’s new rules could impact 60% of F&O trades, says Zerodha's Nithin Kamath

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- SEBI's new rules limiting weekly expiries in the derivatives market could impact about 60% of overall F&O trades. - The restriction on weekly contracts might lead to a potential 30% reduction in Zerodha's order volume. - Zerodha co-founder Nithin Kamath believes the impact will become clearer by November 20 when the rules come into effect, and the company might reconsider its pricing structures accordingly. - The changes also include doubling contract sizes and increasing margin requirements, which could deter retail traders with smaller capital. - SEBI's intention behind the changes is to reduce systemic risks and speculative trading in derivatives but can also affect accessibility and participation for retail investors. - Discount brokers like Groww and Zerodha have been posting rising revenues and profits, with Zerodha reaching $1 billion in revenue in FY24 and Groww's net operating income more than doubling.