India Prop Traders’ Derivatives Profits Fall to $4.7 Billion

Proprietary trading firms, including those owned by global companies, saw their gross profit from equity derivatives decline to 445 billion rupees ($4.65 billion) in the year ended in March, as speculative fervor cooled following curbs imposed by the market regulator. Proprietary trading firms, including those owned by global companies, saw their gross profit from equity derivatives decline to 445 billion rupees ($4.65 billion) in the year ended in March, as speculative fervor cooled following curbs imposed by the market regulator.