High-Speed Traders Face Profit Squeeze After India Tax Hike
High-frequency traders in India are bracing for weaker returns after the government proposed higher taxes on equity derivatives, a move aimed at curbing speculative activity in the world’s busiest options...
By Savio Shetty, Chiranjivi Chakraborty · Bloomberg Markets
High-frequency traders in India are bracing for weaker returns after the government proposed higher taxes on equity derivatives, a move aimed at curbing speculative activity in the world’s busiest options market.