India’s markets regulator bars US trading firm Jane Street from accessing the country’s securities market
more to come
Getting the details on this. It’ll be interesting hearing the reasoning. Algo-driven firms like this tend to not have too many fans … but they do provide liquidity and what have you to markets (yeah, most of the time ….).
I know earlier in June India’s securities regulator, SEBI, was conducting a major investigation into Jane Street Group over suspected market manipulation involving derivatives trading. The inquiry centred on whether the firm’s activity distorted benchmark stock indices in India.
This article was written by Eamonn Sheridan at www.forexlive.com.
