Zerodha founder and CEO Nithin Kamath on Wednesday said that had the gold and silver import duty hike happened in the United States, people close to the decision-making process may have found ways to trade the information beforehand through regulated futures markets, derivative contracts or prediction platforms such as Polymarket and Kalshi.
Indian financial markets, despite their flaws, remain far more tightly regulated in certain grey areas compared with several Western markets, he wrote on microblogging platform X, formerly Twitter.
