Mumbai/New Delhi, June 25 -- From gaming apps to trading apps. Market veterans say a combination of a ban on online money gaming, expanding 5G connectivity, and the enduring human urge to speculate may be drawing a section of gamers to weekly index options trading through mobile apps, helping push mobile phone trading as a mode of dabbling in these contracts to a record high.

Mobile trading accounted for 30.9% of index options' premium turnover-the actual value of options contracts traded-at the National Stock Exchange (NSE) in May, up 4.9 percentage points from a year earlier, per exchange data. This mode of trading stands second only to colocation.

"The ban on online (money) gaming last year has driven erstwhile users to weekly index ...