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Why India Is Attracting Global HFT Firms | Dhiraj Papnai, Head US Sales at Nuvama Financial Services Inc.

FinTech Focus TV · 2026-06-15 · 8 min

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Episode notes

India has become one of the most talked-about markets in global finance, but what is really driving its rapid growth? Recorded live at Future Alpha in New York, Oli Knight sits down with Dhiraj Papnai, Head US Sales at Nuvama Financial Services Inc., to explore the transformation of India's trading landscape and why global trading firms are paying close attention. Dhiraj explains how options volumes have exploded over the past five to seven years, how retail participation now accounts for around 40% of market activity, and why high-frequency trading firms, quantitative funds and proprietary trading firms are increasingly entering the market. He also discusses the misconceptions international firms often have about accessing India, the evolving regulatory environment, and how Nuvama helps organisations establish trading operations more efficiently. FinTech Focus TV is powered by Harrington Starr , global leaders in Financial Tech Recruitment. For more episodes or FinTech recruitment advice, please visit our website:

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