Alarmed Indian Officials Race to Tame World-Beating Options Boom

In the autumn of 2024, a senior Indian securities regulator stood before a room full of money managers and foreign investors with an unusual message: India did not want to...

By Chiranjivi Chakraborty, Shruti Srivastava, Ranjani Raghavan · Bloomberg Markets

In the autumn of 2024, a senior Indian securities regulator stood before a room full of money managers and foreign investors with an unusual message: India did not want to be the world’s largest derivatives market.