‘Gambling runs deep in American culture’: Nithin Kamath slams misleading India–US trading comparisons

Zerodha’s Nithin Kamath challenges comparisons between Indian and US options trading, citing lower leverage and market maturity in India. He argues that focusing solely on trading volumes is misleading, as US markets involve significantly higher capital per trade and a greater prevalence of institutional investors. Kamath also criticizes the speculative culture in the US, emphasizing the need for nuanced understanding.