SEBI has banned Jane Street Group from Indian markets. The firm allegedly inflated prices before selling aggressively, profiting from options while retail investors were misled. SEBI is now seizing Rs 4,840 crore in unlawful gains, highlighting concerns about algorithmic trading’s impact on the Indian derivatives market. SEBI has banned Jane Street Group from Indian markets. The firm allegedly inflated prices before selling aggressively, profiting from options while retail investors were misled. SEBI is now seizing Rs 4,840 crore in unlawful gains, highlighting concerns about algorithmic trading’s impact on the Indian derivatives market.
Trending
- India plans supersonic firepower upgrade: IAF eyes Israeli AIR LORA missile after Rampage success – details
- Evening news wrap: Thackeray brothers unite after 20 years; Bilawal Bhutto says Pak open to extraditing terrorists; and more
- Takht Patna Sahib declares Sukhbir Badal ‘tankhaiya’: Accused of ignoring summons; role in religious row
- Alert! Shubman Gill breaks Virat Kohli’s massive record
- Dalai Lama hopes to live beyond 130, days after declaring plans to reincarnate
- Electoral roll revision: Rabri asks people to ‘refuse’ document checks by poll officials
- ‘Aapka waqt bura shuru’: Hasin Jahan calls Shami characterless
- INS Udaygiri delivered: Second stealth frigate under Project 17A; why is it important?