After nearly two weeks of regulatory limbo, Jane Street has moved quickly to contain the fallout from Sebi’s explosive allegations of market manipulation. The US-based quant trading firm has deposited Rs 4,843.5 crore into a designated escrow account, fulfilling the market regulator’s primary condition for lifting the trading ban imposed on July 3. Also Read…
Mumbai: Volumes on India’s thriving futures and options dropped nearly a fifth last week after Securities and Exchange Board of India’s (Sebi) ban on New-York-based quantitative trading firm Jane Street for alleged market manipulation. The recovery to the recent peak in trading activity may not happen immediately, which may squeeze exchanges’ earnings. The daily average…
After the recent Jane Street fiasco seen to start during the tenure of Madhabi Puri Buch’s tenure as SEBI’s Chairperson had come to light and rattled Dalal Street, Zee Business Managing Editor Anil Singhvi noted that the market watchdog has conducted the biggest scrutiny against the US-based entity. So, as Jane Street continued to make big…