NSE Appeals Investors To Refrain From Dealing With Contracts for Difference (CFD), Binary Options
Mumbai, 23 August 2021: National Stock Exchange of India Limited (NSE) has issued a notice warning investors about dealing with some unregulated products.
“The Exchange has noticed some unregulated platforms/websites offering trading in certain unregulated derivative products called Contracts for Difference (CFD) / Binary Options.
Investors falling prey to the promises of high/ exorbitant returns by these websites/platforms may eventually lose money heavily. Hence, Investors are advised to refrain from dealing/investing in
unregulated products such as Contracts for Difference (CFDs) / Binary Options offered by such unregulated internet-based trading platforms”, NSE stated in its appeal.
NSE is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2020. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data.
