Innovative Features Launched by Brokerages to Boost Responsible Derivatives Trading
Broking firms like Groww and Samco Securities are rolling out new features to help retail investors trade derivatives responsibly. These updates come in response to a recent study by Sebi that showed 93% of individual traders incurring losses in equity F&O trading. In fact, over three years, the total losses exceeded Rs 1.8 lakh crore!
To address this issue, Groww introduced F&O Safeguard, a risk management feature that prompts traders to reassess their strategies if they are consistently losing. They also offer tools like F&O Pause, which halts trading during volatile times, and Safe Exit, which closes positions when a pre-set loss limit is reached.
Meanwhile, Samco Securities launched “Options B.R.O.” to help traders move from speculative to strategic trading. This feature allows traders to create customized option strategies based on their market outlook and risk appetite. It includes research on over 1,000 strategies to help traders understand risks and rewards better.
Axis Securities is focusing on investor education by providing comprehensive reports that explain the reasoning behind investment ideas. They cover topics ranging from how the market operates to selecting the right stocks and trading strategies. Education is key to making informed decisions in the world of finance.
Overall, these initiatives aim to promote responsible trading practices and enhance financial literacy among investors. By offering tools, resources, and educational content, brokers are empowering traders to make better decisions in the complex world of equity derivatives trading. It’s all about helping investors trade smart and stay ahead of the game!
