Mumbai, Aug. 13 -- The security and exchange board of India, SEBI, in its annual report for 2024-25 said that in the currency derivatives segment, the total premium turnover from futures and options across all exchanges fell by 84.8 per cent to '14.7 lakh crore in 2024-25, down from '96.7 lakh crore in 2023-24 amid limited participation. On January 05, 2024, the RBI issued a notification titled 'Risk Management and Inter-Bank Dealings,' which took effect on May 03. This directive stipulated that derivatives could only be utilised for hedging against foreign exchange rate fluctuations, thereby limiting market participation to hedgers only. This limited the participation of proprietary traders, who accounted for a predominant 67.7 per cent ...