Stocks of BSE, Angel One, and CDSL remained in focus on Tuesday, October 7, after reports indicated that brokers and stock exchanges have urged SEBI to continue the weekly options expiry system.
According to a CNBC-TV18 exclusive, brokers are seeking continuation of the weekly options expiry, citing its critical role in driving liquidity, intraday trading volumes, and retail participation in the derivatives market. Exchanges, too, are reportedly likely to support the same, given that the weekly expiry framework has been instrumental in boosting turnover and attracting traders.
SEBI, however, is still collecting and assessing data on derivatives activity, and the consultation process has not yet begun. The regulator is expected to evaluate the feedback comprehensively and avoid any rushed decisions, as per sources cited by CNBC-TV18.
The ongoing discussion is significant for stocks such as BSE, Angel One, and CDSL, as all three have strong exposure to India’s fast-growing derivatives ecosystem:
- BSE Ltd has seen a surge in derivative trading volumes following the introduction of its Sensex and Bankex weekly options, becoming a key driver of the exchange’s recent revenue growth. Any regulatory change impacting weekly expiries could influence these volumes and associated income streams.
- Angel One, one of the leading retail brokerage firms, derives a large portion of its active user engagement and trading revenue from short-term derivative products like weekly options. A discontinuation or modification of weekly expiries could affect brokerage turnover.
- CDSL, as India’s largest depository, indirectly benefits from heightened derivatives activity due to higher account activations and transaction processing.
Market participants are watching SEBI’s next steps closely, as any structural change to the expiry framework could reshape derivative market dynamics and influence exchange-linked stocks.
Disclaimer: The information provided is based on media reports and regulatory sources and is intended for informational purposes only. It should not be construed as financial or investment advice.
