Now Reading: NSE chief says regulatory tightening in derivatives ‘broadly done’
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NSE chief says regulatory tightening in derivatives ‘broadly done’
NSE chief says regulatory tightening in derivatives ‘broadly done’
National Stock Exchange CEO Ashishkumar Chauhan said the cycle of regulatory tightening in equity derivatives is largely over, as the exchange looks to commodities for growth after its market debut. Speaking to…
National Stock Exchange CEO Ashishkumar Chauhan said the cycle of regulatory tightening in equity derivatives is largely over, as the exchange looks to commodities for growth after its market debut. Speaking to Bloomberg TV, Chauhan said NSE is regaining market share in equity options and seeing a pickup in commodities trading.
The comments come a day after NSE shares listed on BSE at Rs 1,800, a 0.84% premium over the IPO price of Rs 1,785. The exchange raised Rs 22,562 crore through its offer-for-sale, which was subscribed 5.71 times. NSE is now India's 10th most valued firm, Business Today reports.
SEBI's crackdown on speculative trading, including action against Jane Street Group, had cooled India's derivatives market. Average daily notional turnover on NSE fell 10% month-on-month in August to Rs 193 lakh crore, the lowest since February 2025, according to Bloomberg data cited by Business Today. Weekly equity options still account for about 40% of NSE revenue. The exchange is working with the regulator on bond-index futures and options.
Indian Opinion Analysis
Coverage across all three outlets is uniform straight reporting, centering on Chauhan's post-IPO interview and regulatory data from Bloomberg. No outlet frames the SEBI crackdown as pro- or anti-government, all treat it as a factual market intervention. The key tension the stories share is between NSE's dominant market position and the regulatory headwinds that forced it to scale back valuation expectations. With tightening 'broadly done', the concrete next step is whether NSE's commodity push, boosted by SEBI's Thursday rule change allowing foreign investors broader access, can offset the derivatives slowdown. The exchange's first quarterly earnings as a listed company will show if that pivot is working.
Coverage: 4 sources, 4 neutral
Sources (4): businesstoday.in (neutral report), businesstoday.in (2) (neutral report), theprint.in (neutral report), businesstoday.in (3) (neutral report)
This brief was synthesised by AI from the 4 sources linked above, so one read covers every framing they carry.
Updated: this story now draws on 4 sources.
