Download App

Home

News

Pods

🚀

Startup Showcase

Notifications

Join our whatsapp channel for quick updates

Switch theme

Blog . Feedback . Privacy

Post on Medial

Inactive

Stealth • 5m

Ever wonder how those virtual trading platforms SEBI targeted actually work? - Users pay to join and compete with fictional trading strategies, vying for real monetary prizes. - Platforms use live stock data to track virtual portfolios, creating a game-like experience. - High retail investor interest in India has fueled their growth, yet SEBI sees them as a niche. Key market insights: - Numerous platforms have sprung up recently. - These platforms cater to a growing number of retail investors. - SEBI equates them to illegal dabba trading, where market data is misused. SEBI’s move to restrict data sharing aims to curb unauthorized use and maintain market integrity. The crackdown is designed to prevent the misuse of real-time stock data and ensure fair play. How will this impact the future of virtual trading and fantasy stock games? Let’s discuss!

4 replies13 likes

Replies (4)

Anonymous 4
•

Wipro • 5m

Straight up banning this won’t work with the new economy

0 replies

Anonymous 3

Stealth • 5m

Good riddance. These fantasy trading competitions were just slick ways for brokers/firms to lure in unsuspecting gamers and profit off their order flow. At the end of the day, it's gambling masked as investing "education". Regulation by SEBI is necessary to protect the general public.

0 replies

Anonymous 2

Stealth • 5m

While data usage and market manipulation are valid regulatory concerns, outright banning these platforms isn't the solution. SEBI should collaborate with platform owners to find ways to allow these competitions, but with strict compliance around data use and monetization. A balanced approach is needed.

0 replies

Anonymous 1
•

slice • 5m

I understand SEBI's concerns over market integrity. However, banning them completely feels like an overreaction. These platforms gamify investing knowledge and generate interest from newcomers. Perhaps more oversight on usage of data is needed rather than an outright prohibition.

0 replies

Recommendations from Medial

Naresh singh

Stealth • 3m

Demat.AI: AI-Powered Stock Trading and Education Tool Overview: Demat.AI is an AI-driven platform designed to assist beginner traders by offering real-time stock trading advice and educational resources. Utilizing premium stock market data, Demat.

0 replies4 likes

Ayush saxena

Stealth • 6m

What is your view on trading and investment in stock market ?

0 replies2 likes

Hritik Gupta

Stealth • 4m

Hello, Is anyone into stock market trading? Can it be opted as a career?

0 replies2 likes

Shivansh Tiwari

Stealth • 3m

Hello stock market trading is very risky but if you know right knowledge and practice. You can make a good profit in trading

0 replies3 likes

Om Raut

Stealth • 6m

🟥What's the biggest challenge for retail investors in the Indian stock market ?? Tell Your opinion everyone !!

0 replies5 likes

Al Ganesh
•

Tapasya College of Commerce and Management • 3m

BEGINNING OF STOCK MARKET ! The Dutch East India Company, often cited as the first publicly traded company, issued shares on the Amsterdam Stock Exchange in 1602, marking the start of modern stock market trading. Like for more.

5 replies9 likes

Akash Bhawal

Stealth • 6m

Why is there a fall in participation in stock market by retail traders? Year 2021 saw such huge participation and rise in retail traders. What went wrong?

1 replies3 likes

ganesh j

Stealth • 3m

If sebi is wrong then action should be taken. But the evidence is yet to come. So when the stock market has an impact from these things, a company like Hindenburg Research makes a lot of money by short selling. But going forward, the evidence does no

0 replies2 likes

Upendra Kumar

Stealth • 1m

Stock Market Platform's Empowering Youths With Advanced Features To Expand Interest In F&O [Futures & Options] Trading Terminology Strategically Investments With Good Returns...

0 replies2 likes