What Sebi’s ‘hard ceiling’ of 15% on open interest means for growth of brokers, clients: Zerodha’s Nithin Kamath explains

Zerodha founder and CEO Nithin Kamath said the 15% open interest (OI) limit at the brokerage level puts a hard ceiling on the extent to which a brokerage firm can grow and the pace of that growth. While the restriction limits scale, it ultimately benefits consumers by reducing concentration risk and preventing any single broker […]