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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
While the US high-frequency trading giant was allowed to resume trading by SEBI after it deposited about Rs 4,844 crore last year, its counsel has argued that the firm still does not know what it can or cannot do in terms of trading in the Indian market.
Jane Street has not traded in India since July last year, even as the hearing in the case involving the high-frequency US trading firm and India’s market regulator continues.
On Friday, Jane Street reiterated its position during a hearing at the Securities Appellate Tribunal. Trading hasn’t resumed even after the Securities and Exchange Board of India lifted the securities trading ban on Jane Street last year after the firm deposited about Rs 4,844 crore in an escrow account. This regulator had alleged that the firm had made unlawful gains.
Appearing before SAT, Jane Street’s counsel has now submitted that the …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
