Prøve GULL - Gratis
Lessons from Jane Street
Financial Express Kochi
|July 07, 2025
While Sebi has done well, it needs to up its game to deal with the complexity of modern F&O trading
-
PEAKING AT THE Financial Express CFO Awards a couple of weeks ago, Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey said the regulator would come down very hard on market manipulators. He repeated the message once again on Saturday. That the regulator is firm on walking the talk was evident a day earlier when it barred US-based quant trading firm Jane Street and four affiliates from accessing Indian markets and ordered the impounding of ₹4,840 crore in alleged unlawful gains. The regulator's 105-page interim order accused the firm of engineering expiry-day moves in Nifty and Bank Nifty indices to mislead traders and profit from options positions. The order details how Jane Street aggressively bought select index stocks in the morning to push the index up, and then reversed those trades while holding bearish options positions that gained as the index fell.
Denne historien er fra July 07, 2025-utgaven av Financial Express Kochi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Kochi
Financial Express Kochi
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Kochi
New US envoy raises hope of deal, says talks resume today
HOPES OF A trade deal between India and the US revived on Monday with the new US Ambassador to India Sergio Gor saying the two countries will discuss trade issues in their next call scheduled for Tuesday.
1 min
January 13, 2026
Financial Express Kochi
Powell vows to stand firm amid DOJ criminal probe
TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION
1 min
January 13, 2026
Financial Express Kochi
Inequality top concern for youth: Survey
*“Cyberfraud big worry for CEOs’
1 min
January 13, 2026
Financial Express Kochi
Forex swap to cruise on arbitrage, corp demand, say bankers
THE ARBITRAGE OPPORTUNITIES between onshore and offshore markets alongside an expected pickup in corporate participation are likely to help the Reserve Bank of India's (RBI's) $10-billions foreignexchange swap sail through smoothly, bankers said.
1 min
January 13, 2026
Financial Express Kochi
Deutsche’s India business gets Kotak, Federal bids
THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.
1 min
January 13, 2026
Financial Express Kochi
Labour Code impact drags TCS, HCLTech profits in Q3
Revenue growth remains steady
1 min
January 13, 2026
Financial Express Kochi
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Kochi
Lemon Tree: Restructuring gains
EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28
2 mins
January 13, 2026
Financial Express Kochi
Capex budget may increase to ₹12.5L cr
AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).
1 mins
January 13, 2026
Listen
Translate
Change font size