Disclosure and Conflicts

BazaarBaazi's editor-in-chief is a full-time markets operator. The publication's editorial integrity rests on disclosing personal positions and following an explicit restricted-list discipline. This page documents both.

Standing positions

The editor-in-chief actively trades Indian indices and a watchlist of roughly 80 securities across the four desks. Position categories are disclosed in summary form here; per-security disclosure is on each story where the security is named.

• Index options: Active. Default stance is options seller (premium-collection structures: iron condors, butterflies, credit spreads). Long premium taken only as tail hedge.
• Cash equity: Active. Long-only positions in a shortlist of large-cap and mid-cap names. No short positions in cash.
• Single-stock futures: Active. Both long and short permitted within risk limits.
• Commodities, currency, debt: Inactive at present.

Restricted-list rules

The following rules govern when the editor-in-chief may trade a security covered by BazaarBaazi:

1. Five-day trailing rule. No story is published on a security where the editor has opened a new position in the prior five trading days. Pre-existing positions are disclosed but do not block coverage.
2. Five-day forward rule. No new position is opened on a security covered in a story within five trading days after publish. Existing positions may be unwound for risk reasons; unwinds within this window are recorded in the audit trail.
3. Pre-publish quiet window. Once a draft moves to edit, no trade is executed on the named security until the story is published or shelved.
4. Material non-public information. Where a source shares MNPI in confidence, the story is held until the information is public via a regulator filing or a credentialed wire-service report. The editor does not trade on MNPI under any circumstance.

Per-story disclosure block

Every story carries a disclosure block in the foot. The block names the editor's position in the security at the time of publish and the class of position (long/short, equity/options/futures, sized as small/mid/large relative to the editor's book). Where the editor has no position, the block says so explicitly.

Family and household holdings

Holdings of immediate family members (spouse, dependent children) and household members trading from a shared advisory account are treated as the editor's own for the purposes of this policy. The restricted-list rules apply to those holdings.

Contributor disclosure

As contributing writers come on board, each will sign the same restricted-list discipline. Their personal-position blocks will appear on every story they sign and will be visible to the editor-in-chief before publish. Contributors with a position in conflict with the story line are reassigned.

Affiliate disclosure

BazaarBaazi's commercial relationships with brokers, mutual-fund platforms, and IPO subscription services are disclosed on the link itself with an "affiliate" label. The full list of active affiliate partners is published at the foot of the ownership and funding page.

SEBI registration

BazaarBaazi is an editorial publication, not a SEBI-registered Research Analyst, Investment Adviser, or Portfolio Manager. We do not issue investment recommendations. The editor-in-chief is not a SEBI Registered Investment Adviser and does not solicit or accept advisory fees. Readers seeking personalised advice should consult a SEBI Registered Investment Adviser independently.

Audit and review

The editor-in-chief maintains a position log reconciled to broker statements monthly. The log is retained for two years. The discipline of this policy depends on a clean log and clean broker records; both are subject to internal audit and, in the future, external review.