Questionnaire for investors - Equity Derivatives market in India. Name of the investor 2. Gender Male Female 3. Age (in years) 18 - 25 years 46 - 55 years 26 - 35 years 55 - 65 years 36 - 45 Years Above 65 years 4. Place of Residence 5.State of Residence 6. Highest Education (please [?] appropriate box) 10th Std Post graduate 12th std Doctorate 7.
Questionnaire for investors - Equity Derivatives market in India. Name of the investor 2. Gender Male Female 3. Age (in years) 18 - 25 years 46 - 55 years 26 - 35 years 55 - 65 years 36 - 45 Years Above 65 years 4. Place of Residence 5.State of Residence 6. Highest Education (please [?] appropriate box) 10th Std Post graduate 12th std Doctorate 7.
Questionnaire for investors - Equity Derivatives market in India. Name of the investor 2. Gender Male Female 3. Age (in years) 18 - 25 years 46 - 55 years 26 - 35 years 55 - 65 years 36 - 45 Years Above 65 years 4. Place of Residence 5.State of Residence 6. Highest Education (please [?] appropriate box) 10th Std Post graduate 12th std Doctorate 7.
3. Age (in years) 18 25 Years 46 - 55 Years 26 - 35 Years 55 - 65 Years 36 - 45 Years Above 65 Years
4.Place of Residence 5.State of Residence 6. Highest Education (please appropriate box) 10th Std Post graduate 12th std Doctorate
7. Experience in Equity Derivatives Market (please only one which is applicable) Zero days to 1 Year More than 2 Years but less than 5 Years More than 10 Years More than 1 Year but less than 2 Years More than 5 years but less than 10 Years * 8. What kind of Category of investor would you fall in Retail High Net-worth Individual (HNI - income above 25 lacs) NRIs Indian Corporates (Pvt Ltd Co, Ltd Co etc) Foreign Institutions (FII, Sub-Account, OCBs) MFs, Banks, Insurance Companies, Other Financial Institutions
9. What is the Income Range you will fall in Upto Rs. 1 lac Rs. 10,00,001 - Rs. 15 lacs Rs. 1,00,001 - Rs. 5 lacs Rs. 15,00,001 - Rs. 25 lacs Rs. 5,00,001 - Rs. 10 lacs Above Rs. 25 lacs * 10. Please enter the Occupation details Service Business Professional Agriculturist Retired Housewife 11. Have you undergone any training in derivatives from NSE, BSE or Broking Firms before starting trading in equity derivatives? YES NO * 12. Do you think only investors who had undergone some training in derivatives should be allowed to trade in the derivatives market YES NO
13. You invest in which Derivatives Markets (please tick all applicable below) Equity Currency Commodity
14. Please provide your preference to the type product in Equity Derivatives (Tick the most preferred product type - only one tickmark is accepted here) Index Futures Stock Futures Index Options Stock Options
15. What periodicity of contracts do you normally prefer to invest in? (Please tick only one most appropriate) Contracts expiring in 1 Month Contracts expiring in 12 Months Contracts expiring in 1 Contracts expiring in 6 Months Contracts expiring in 9 Months Contracts expiring in 3 Contracts expiring in 2 Months Contracts expiring in 3 Months Do not invest due to to 3 Years I do not invest in Securities Market at all to 5 Years Do not invest since I consider investing in derivatives is risky lack of knowledge of derivatives
16. Which of the following characterizes your trading activity in the equity derivatives segment (you can slect more than one option here) Hedging Speculation Arbitrage
17. Strategies used for such investments (tick one or more of the following) Straddle Strangle Protective put buying Protective call buying General Equity Derivatives Trading (No specific Strategy used) Covered call writing Collar Covered put writing Reverse Collar More than one strategy used at some point or other
18. Minimum contract size value is Rs. 2 lacs. Do you think there should be reduction in contract size for stock and index derivatives contracts to get larger participation? YES NO
19. Today, minimum contract size value is Rs. 2 lacs. What range of contract size (in terms of contracts value) would be appropriate for futures contracts? Upto Rs. 10,000/- Rs. 10,001/- to Rs. 50,000/- Rs. 50,001/- to Rs. 1,00,000/- 1,00,001/- to 2,00,000/- 2,00,001/- to 4,00,000/- Above Rs. 4,00,001/-
20. Which risk is of most concern in the equity derivative market to you today? Systematic risk Market Risk/Price risk/Potential Loss Risk Liquidity Risk Operational Risk Legal Risk Settlement risk Credit Risk/Counterparty Default risk
21. What do you think about the growth of the trading in Equity Derivatives Segment in India since its start in 2000 Grew at very fast pace Growth was moderate Growth was slow Did not grow much
22. Do you think the margins charged in Indian Market are excessive YES NO
23. Do you think market is ripe now for other complex products in derivatives like exotic derivatives, structured products, ETF derivatives, interest rate options etc YES NO
24. Should these complex products be opened for participation from banks, financial institutions, FIIS, sub-accounts, Mutual funds, insurance companies etc. and not to retail clients? YES NO
25. Do you think both the exchanges should start the physical delivery settlement for equity derivatives? YES NO