Yes, certain hedge funds, mutual funds, and Portfolio Management Services (PMS) may use equity swaps for efficient exposure or hedging, depending on SEBI's framework and risk disclosure norms.
No. While all are derivatives, the key differences are: FeatureSwapsFutures/OptionsTrading VenueOTC (private contracts)Exchange-traded (NSE/BSE)StandardizedNoYesMargin SystemNegotiated termsRegulated margin requirementRetail AccessNo (India)Yes
No. Swaps are complex and unregulated for retail clients. SEBI does not permit stock brokers to offer swap trading to retail investors in India. However, institutional clients may use them…